CSLF Announces FFELP Loan Servicing RFP being accepted until December 9, 2022 at 2:00 p.m.
The Connecticut Student Loan Foundation (CSLF or the “Foundation”), a State of Connecticut quasi-public agency, is requesting proposals from qualified firms interested in providing loan servicing for the Foundation’s FFELP (Federal Family Education Loan Program) Loan portfolio, for a period of three (3) years, with options to extend for additional years. Please see attached document for scope of services and additional requirements.
RFP Issued on Tuesday, November 8, 2022
Proposals are due no later than 2:00 p.m. (Eastern Time) Friday, December 9, 2022
Questions on the RFP are to be submitted via email to Jeanette Weldon and Kara Stuart by 12:00 p.m. (Eastern Time) Monday, November 14, 2022
Answers will be posted to the CSLF website no later than 5:00 p.m. (Eastern Time) Friday, November 18, 2022
Interviews, if necessary, to be conducted the week of December 12, 2022
Foundation Board action on selection of loan servicing provider expected Monday, December 19, 2022
Contract negotiation and Rating Agency Rating Affirmation, December 2022 – January 2023 (estimate)
Conversion complete/servicing commencement date, on or before Monday, May 1, 2023