This bid is for career accelerator program administration serving learners across Connecticut, coordinated from 450 Capitol Avenue, Hartford, CT 06106.
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You send a priceOne number, before November 23, 2026.
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Services: Quote program management, loan origination and servicing, or both, supporting commercial truck driving, practical nursing, and paramedic training.
Program management: Establish and administer a separate fund entity, manage training provider agreements and living stipends, track outcomes, and provide monthly performance and quarterly financial reports.
Loan volume and terms: Approximately 400 outcomes-based loans over three years, averaging $8,000, with 0% interest, no upfront fees, income-based deferments, 1–3-month grace periods, and 36–60-month repayment terms.
Origination and servicing: Handle eligibility screening, loan documents, disbursements, borrower support, repayments, and annual income certification. Connecticut student loan servicer licensing is required for servicing.