Notice Of Intent To Sole Source – Modern Automated Financial Aid Management Solution

Winthrop University issued a sole‑source notice to procure a modern, automated financial aid management system. The university identified a need for a solution that can handle financial aid packaging, Return to Title IV processing, and real‑time fund management across multiple terms and funding sources, especially for competency‑based education (CBE) programs. Regent Education was selected as the sole vendor to deliver a scalable, compliant software platform that integrates with existing university systems. The contract value is $150,000, and the procurement manager listed is Will Anthony. • Scope: Automated financial aid management software with compliance, multi‑term, and CBE support. • Vendor: Regent Education (sole source). • Value: $150,000 fixed‑price contract. • Rationale: Existing system lacks automation and staff expertise; new system required to future‑proof aid processing.