The contract is for Student Loan Default Prevention Services for all TSTC campuses. The vendor will provide services to help prevent student loan defaults, and the contract has a term of two years with the option to renew for up to four additional years. The RFP includes requirements for the vendor's approach, experience, and pricing structure. Some of the key points of the contract include:
• The vendor will provide a range of services to help prevent student loan defaults, including counseling and outreach to students.
• The vendor will be evaluated based on their experience, pricing structure, and ability to lower default rates.
• The contract has a term of two years with the option to renew for up to four additional years.
• The vendor must comply with all applicable laws and regulations, including those related to data security and confidentiality.
Some of the key benefits of this contract include:
• The vendor will provide expertise and resources to help TSTC reduce student loan defaults.
• The contract includes a range of services to support students, including counseling and outreach.
• The vendor will be evaluated based on their performance, which will help ensure that TSTC is getting the best possible service.