ACS Receives Contract Extension to Service Federal Student Loan Programs (Reuters)
"Affiliated Computer Services, Inc. has been awarded a 12-month
contract extension to support servicing and collections for the federal government's Student Loan Programs," Reuters reports. "ACS now enters the seventh year of the Common Services for Borrowers (CSB) contract, which consists of a five-year base period followed by three potential performance-based award years and two option years. Under the CSB contract, ACS
provides services including new loan bookings, loan consolidations, collection services, mailroom, customer care and payment processing."
You can read the complete Oct. 22, 2009 Reuters article on-line.
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