Sole Source Contract for Interim Financial Aid Services

This contract is a sole‑source procurement by the Medical University of South Carolina to obtain an interim financial‑aid professional for a six‑month period. The awardee, College Aid Services, LLC, will provide expertise in ISIR review, student aid packaging, loan origination, disbursement, reconciliation, and compliance with Title IV federal regulations, ensuring continuity of service during a staffing transition. • Scope of work: interim financial‑aid operations, including processing, packaging, loan services, and regulatory reporting. • Duration: 6 months, valued at $44,200, with no competitive bidding required. • Procurement rationale: specialized expertise, immediate need, and lack of comparable internal resources justify the sole‑source approach.