October 15, 2019 (Washington, D.C.) – Summit Consulting, LLC, along with its partners Aon and Grant-Thornton (“the Summit Team”) is proud to announce that it has been awarded the Federal Student Aid (FSA) Next Generation (Next Gen) Program Management Support (PMS) Services contract.
This is Summit’s first award through the recently awarded Transformation Support Services blanket purchase agreement (BPA). Through this award, the Summit Team will help FSA transform the delivery of federal student aid, improve the customer experience, and modernize the information technology landscape thus improving processes and customer interactions. The Team brings a solid understanding of the complexities of the FSA environment and will address challenges by applying proven program management, organizational transformation, Federal loan programs, and actuarial expertise to support the Next Gen program implementation.
“We are proud to work with committed FSA staff to help drive meaningful transformation to such an integral program to so many student and parent borrowers,” said Summit Partner Gob Juntima.
The Summit Team provides FSA with deep financial expertise coupled with current business modernization office (BMO) tools and experience gained through our work on the GSA/USDA Centers of Excellence. The Team bring years of experience supporting both the government and commercial financial markets in financial technology (FinTech) transformation efforts. Our Team’s data-driven analysis and visualization along with hands-on change management experts support committed FSA staff working to create a “world-class experience” for the millions of students, parents, and borrowers.
The U.S. Department of Education’s office of Federal Student Aid announced the Next Generation (Next Gen) Financial Services Environment in November 2017. The Next Gen program aims to modernize the technology and operational components that support federal student aid programs.