CONTRACTAMENDED

ADFA Expands EdFinancial Loan Servicing Agreement

Arkansas Development Finance Authority logoArkansas Development Finance Authority
Disclosed value
Increase from $850,000 to $1,750,000
From agendapacket
Document date
Feb 19, 2026
Term
Fiscal year 2025 and fiscal year 2026

The 30-second brief

What it covers

The ADFA Board approved an amendment to its agreement with EdFinancial, increasing the contract from $850,000 to $1,750,000 for fiscal years 2025 and 2026 to support student loan-related services. The change was recommended by the Asset Commitment Committee and ratified by the full Board.

Who holds it

EDFINANCIAL holds this financial services contract with Arkansas Development Finance Authority. Its other public contracts on record include work for Bunker Hill Community College and Arkansas Development Finance Authority | State of Arkansas.

What happens next

Term as filed: Fiscal year 2025 and fiscal year 2026.

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Contract details

Contract type
Financial Services
Amount
Increase from $850,000 to $1,750,000
Document date
February 19, 2026
Term
Fiscal year 2025 and fiscal year 2026
Source document
Arkansas Development Finance Authority Board of Directors Meeting Agenda Packet 2026-02-19 (AgendaPacket)

EDFINANCIAL's other public contracts

More Arkansas Development Finance Authority contracts

Questions about this contract

Who was awarded the financial services contract by Arkansas Development Finance Authority?

EDFINANCIAL was awarded this financial services contract by Arkansas Development Finance Authority, as recorded on February 19, 2026. The contract value is Increase from $850,000 to $1,750,000.

How much is the EDFINANCIAL contract with Arkansas Development Finance Authority worth?

The EDFINANCIAL contract with Arkansas Development Finance Authority is valued at Increase from $850,000 to $1,750,000, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in Arkansas Development Finance Authority Board of Directors Meeting Agenda Packet 2026-02-19 (AgendaPacket), dated February 19, 2026 from Arkansas Development Finance Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does EDFINANCIAL hold?

EDFINANCIAL may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is Arkansas Development Finance Authority currently buying?

Explore Arkansas Development Finance Authority's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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