Government Contract | Pennsylvania
Student Refund Management Services

Bid Information

Bid Alert No: 00000475903

Bid Title: Student Refund Management Services

Agency Bid No. Title: KURFP-0247

Received Date: 02/02/2016

Close Date: 02/29/2016

Purchase Type: Not Stated

Delivery Point: Kutztown University, Kutztown, Pennsylvania

Delivery Date: Not Stated

Special Notices: Questions Due By 02/08/2016 12:00 PM


Specifications include, but are not limited to: Kutztown University (University or KU) is requesting proposals from qualified T1 providers to provide an integrated refund management service that will reduce administrative costs, streamline business processes, increase customer service for students and parents, bring new technology to the campus, and eliminate significant handling costs associated with the disbursement of all student account and parent PLUS refunds. b. The Department of Education (DOE) recently passed new Cash Management Rules that are effective with varying dates, with first requirements effective July 1, 2016. All Providers responding to this RFP must meet and maintain compliance with all rules set forth in this release and any future DOE releases including, but not limited to: refunding students, providing identifying information for security that is not the SSN, listing options in the order required such as ACH/Direct Deposit to a pre-existing bank account, issuance of paper checks if no other election is chosen, ATM access, fee assessment guidance, links to contracts to publish as well as the impending requirement to provide details on account usage (preferably the same link for us to publish for both) and more. Kutztown University is interested in T1 provider responses only.

Product Codes: 94600, 94649

Agency Information

Issuing Agency: Kutztown University

State: Pennsylvania

Agency Type: State and Local

Contact: Anise Freeman PO Box 730, 15200 Kutztown Road, Kutztown, Pennsylvania, 19530

Phone: 610-683-4774

Fax: 610-683-4836




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