Preferred Private Student Lenders

Iowa State University is seeking qualified private lenders to be included on its preferred lender list for undergraduate, graduate, veterinary medicine, and parent or third-party student loans.

Iowa State University


General
Open
Request for Information (Public)-RFQ-1001486
Nov 09, 2026 12:00 PM
Oct 13, 2026 12:00 PM
3 years base + 2 × 1 year options
Request for Information (RFI)
State
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Original Solicitation Links
[

Request for Information (Public)-RFQ-1001486

]

preferred lenders for us students

Contact
jamiea@iastate.edu
+15152944860
2221 Wanda Daley Drive, Ames, IA, USA
Description

Iowa State University and its Office of Student Financial Aid are requesting information from qualified private lenders seeking inclusion on the University's Preferred Lender List for the January 1, 2027, through December 31, 2029, contract term, with two additional one-year renewal periods available by mutual written consent. The list will serve undergraduate and graduate students, veterinary medicine students, and parents or other third-party borrowers, and will display three to five selected lenders along with borrower benefits, lender contact information, and online application links. Respondents must address loan availability and terms, including co-signer requirements and release options, interest-rate calculations, origination fees, enrollment eligibility, prior-term-balance repayment, borrower incentives, access restrictions, parent and refinance products, financial-literacy resources, school-dedicated support, and lending history. Lenders must be able to use the iLink certification/routing platform and iLinkCDS. The response also requires company information, relevant experience from the past five years, three references, subcontractor and exception disclosures, and descriptions of applicable undergraduate, graduate, veterinary medicine, and parent or third-party loan offerings.

Classification Codes
NAICS522291Consumer Lending
PSCR710Financial Services (includes credit card services and any other financial services. See revision to description for code R703 above)
Smart Codes
student lending servicesprivate education loansfinancial literacy resources
Specifications
Service Only
Timeline
Oct 13, 2026-Broadcast Date
Oct 27, 2026 05:00 PM-Questions Deadline
Nov 09, 2026 06:00 PM-Response Deadline
Requirements
Scored
  • Minimum 3 references
  • Within the last 5 years
  • Client point of contact required for each reference
Documents
TitleDate Posted
ISU Instructions.pdfOct 13, 2026 06:00 PM
Legal Ad-
Bid InvitationOct 13, 2026 06:00 PM
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