Federal award (DEFINITIVE CONTRACT, fiscal year 2024)
Recipient: MAXIMUS FEDERAL SERVICES, INC.
Awarding agency: Department of Education / Department of Education
Funding agency: Department of Education / Department of Education
Period of performance: 2025-02-01 to 2026-01-31
Current total value of award: $118426232.25
Description: THE PURPOSE OF DMCS IS TO MANAGE THE DEFAULT LOAN PORTFOLIO, AND STORE, MANAGE, PROTECT, AND PROVIDE STUDENT LOAN DEBTORS IN DEFAULT AVAILABLE INFORMATION UNDER THE HEA. DMCS ENABLES BORROWERS, WHO SO CHOSE, TO MAKE PAYMENTS ON THEIR ACCOUNTS AND SEN