Edfinancial Services Government Contracts
Edfinancial Services LLC · UEI TB69PMAFZSK8
Edfinancial Services government contracts totaled $706M across 10 awards from FY2024 to FY2026. Obligations were up 8.7% in FY2026 vs FY2025, and the Department of Education accounted for $706M (100% of the total). Other Activities Related to Credit Intermediation (NAICS 522390) accounted for $590M (84% of the total).
Key figures
In FY2026, contract obligations were $271,096,343 across 7 awards with activity that year, a change of +8.7% from $249,322,950 in FY2025. From FY2024 to FY2026, obligations totaled $705,961,485 across 10 awards.
- Obligated in FY2026
- $271M
- Awards in FY2026
- 7
- Change vs FY2025
- +8.7%
- Total, FY2024 to FY2026
- $706M
Note: FY2026 ended on Sep 30, 2026. The Department of Defense publishes contract data with a 90-day delay, so FY2026 totals may still rise as late reports arrive.
Edfinancial Services federal contracts by year
Edfinancial Services federal contract obligations per fiscal year (October to September). The table below lists the same numbers.
| Fiscal year | Obligated | Awards | Change |
|---|---|---|---|
| FY2026 | $271,096,343 | 7 | +8.7% |
| FY2025 | $249,322,950 | 8 | +34.4% |
| FY2024 | $185,542,192 | 6 | n/a |
About Edfinancial Services's federal contracts
Edfinancial Services's federal contract obligations rose 46% from FY2024 ($186M) to FY2026 ($271M). FY2026 closed recently, and Defense Department contracts are reported up to 90 days late, so its total may still rise.
Nearly all of Edfinancial Services's government contracts come from one customer, the Department of Education (100%).
Its main line of government work is other activities related to credit intermediation (NAICS 522390), 84% of its federal contract dollars.
The states with the most Edfinancial Services contract work are Tennessee; Tennessee alone accounts for 102%.
Which agencies award Edfinancial Services contracts
Federal agencies ranked by contract dollars obligated to Edfinancial Services LLC.
| # | Agency | Obligated | Share |
|---|---|---|---|
| 1 | Department of Education | $705,961,485 | 100.0% |
Edfinancial Services contracts by industry (NAICS)
The industry codes on Edfinancial Services's contracts with the government, ranked by dollars.
| # | Industry | Obligated | Share |
|---|---|---|---|
| 1 | Other Activities Related to Credit IntermediationNAICS 522390 | $590,215,531 | 83.6% |
| 2 | Financial Transactions Processing, Reserve, and Clearinghouse ActivitiesNAICS 522320 | $115,745,954 | 16.4% |
Where Edfinancial Services contract work is performed
States ranked by contract dollars, using the place of performance on each award.
| # | State | Obligated | Share |
|---|---|---|---|
| 1 | Tennessee | $717,344,764 | 101.6% |
Companies similar to Edfinancial Services
Other federal contractors whose largest industry is also Other Activities Related to Credit Intermediation (NAICS 522390), ranked by total contract dollars.
| # | Contractor | Obligated |
|---|---|---|
| 1 | Nelnet Servicing LLC | $1,110,003,773 |
| 2 | Maximus Education LLC | $813,378,398 |
| 3 | Missouri Higher Education Loan Authority | $677,796,690 |
Recent Edfinancial Services contract awards
The latest Edfinancial Services contract awards, newest first. Each award ID links to its record on USAspending.gov.
| Start date | Agency and description | Amount | Record |
|---|---|---|---|
| Sep 22, 2026 | Department of EducationTASK ORDER FOR DEFAULT PREVENTION PILOT FOR CALENDAR YEAR 2026. | $3,022,492 | 91003126F0056 |
| Mar 31, 2026 | Department of EducationOPERATIONS AND MAINTENANCE (O&M) TASK ORDER FOR STUDENT LOAN SERVICING IN ACCORDANCE WITH THE REQUIREMENTS OF THE USDS CONTRACT. ALL WORK AND DELIVERABLES PROVIDED BY THE USDS SERVICER MUST BE IN ACCO | $194,349,558 | 91003126F0020 |
| Sep 23, 2025 | Department of EducationOPERATIONS AND MAINTENANCE (O&M) TO FOR STUDENT LOAN SERVICING IN ACCORDANCE WITH THE REQUIREMENTS OF THE USDS CONTRACT. ALL WORK AND DELIVERABLES PROVIDED BY THE USDS SERVICER MUST BE IN ACCORDANCE W | $87,451,735 | 91003125F0042 |
| Oct 29, 2024 | Department of EducationSTEADY-STATE TASK ORDER 2 AWARDED AGAINST THE EDFINANCIAL NEXT GEN (NG) BUSINESS PROCESS OPERATIONS (BPO) IDIQ CONTRACT FOR NON-SERVICING AND SPECIALTY PROGRAMS (SPS) CONTACT CENTER SUPPORT AND BACK-O | $89,944,602 | 91003125F0302 |
| Jun 28, 2024 | Department of EducationOPERATIONS AND MAINTENANCE (O&M) TASK ORDER FOR STUDENT LOAN SERVICING IN ACCORDANCE WITH THE REQUIREMENTS OF THE USDS CONTRACT. ALL WORK AND DELIVERABLES PROVIDED MUST BE IN ACCORDANCE WITH THE REQUI | $209,310,339 | 91003124F0319 |
| Mar 27, 2024 | Department of EducationOPERATIONS AND MAINTENANCE (O&M) TASK ORDER FOR STUDENT LOAN SERVICING IN ACCORDANCE WITH THE REQUIREMENTS OF THE USDS CONTRACT. ALL WORK AND DELIVERABLES PROVIDED MUST BE IN ACCORDANCE WITH THE REQUI | $41,571,964 | 91003124F0310 |
| May 5, 2023 | Department of EducationTHE PURPOSE OF THIS REQUIREMENT IS TO ISSUE IDENTICAL STEADY-STATE TASK ORDERS FOR NON-SERVICING CONTACT CENTER SUPPORT AND BACK-OFFICE PROCESSING TO ALL BPO PROVIDERS. | $39,650,068 | 91003123F0308 |
| Apr 24, 2023 | Department of EducationTHE INITIAL TASK ORDER IS A FIRM-FIXED PRICE TASK ORDER FOR THE TASKS AND DELIVERABLES REQUIRED FOR THE USDS SERVICER TO BECOME PERFORMANCE READY, ATTAIN ITS AUTHORIZATION TO OPERATE (ATO), AND ACHIEV | $9,406,103 | 91003123F0319 |
| Nov 4, 2021 | Department of EducationEO14042 - THE PURPOSE OF THIS REQUIREMENT (TASK ORDER 0002) IS TO ISSUE IDENTICAL RAMP-UP TASK ORDERS TO ALL BPO PROVIDERS. THE RAMP-UP TASK ORDERS WILL ALLOW NEXT GEN BPO PROVIDERS TO BEGIN PERFORMIN | $19,881,984 | 91003122F0301 |
| Dec 30, 2019 | Department of EducationTHE PURPOSE OF THIS MODIFICATION IS TO CREATE A NEW TASK ORDER FOR CONTRACT ED-FSA-12-D-0005 WITH THE PERIOD OF PERFORMANCE: 01/01/2020 TO 12/31/2020. | $328,861,577 | 91003120F0334 |
Subcontracting opportunities with Edfinancial Services
Large prime contractors such as Edfinancial Services buy goods and services from smaller firms for parts of their government contracts. If you work in the same industries or states, Edfinancial Services is a possible teaming partner: read its recent contract awards above, then contact its small business or supplier diversity office with your capability statement.
Explore government contracts related to Edfinancial Services
Frequently asked questions
- How much does Edfinancial Services make from government contracts?
- Edfinancial Services LLC received $706M in federal contract obligations from FY2024 to FY2026, across 10 contract awards. In FY2026 alone it received $271M. Figures are federal contract obligations reported on USAspending.gov.
- Which agency spends the most with Edfinancial Services?
- The Department of Education obligated $706M to Edfinancial Services from FY2024 to FY2026, 100% of its federal contract dollars.
- What does Edfinancial Services do for the government?
- By contract dollars, Edfinancial Services's largest federal contract industries are other activities related to credit intermediation (NAICS 522390) and financial transactions processing, reserve, and clearinghouse activities (NAICS 522320).
- Where does Edfinancial Services perform its government contracts?
- By place of performance, the most Edfinancial Services contract dollars went to work in Tennessee ($717M).
- Are Edfinancial Services's government contracts growing?
- Edfinancial Services's federal contract obligations rose 46% from FY2024 ($186M) to FY2026 ($271M). FY2026 closed recently, and Defense Department contracts are reported up to 90 days late, so its total may still rise.
- How can a small business subcontract with Edfinancial Services?
- Look at the agencies and industries Edfinancial Services works in on this page, then contact its small business or supplier diversity office with a capability statement. Large prime contractors often have to meet small business subcontracting goals, and you will need a free SAM.gov registration.