Iowa State University - Preferred Lenders for International Students - RFQ-1001487 (2026)
Iowa State UniversityHigher Ed · Ames, IA- Due
- Nov 9, 2026
- 23 days left
- Posted
- Oct 13, 2026
- Contract term
- 3 years
- Primary contact
- Jamie Albertsen
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THE 30-SECOND BRIEF
Iowa State University and the Office of Student Financial Aid are requesting proposals from qualified lenders to be included in the Preferred Lender List for graduate and undergraduate students and their families to determine private loan lenders. ISU will display 3-5 lenders on a Preferred Lender List website who meet the desired criteria, listing borrower benefits, lender contact information, and links to online applications. Key evaluation criteria include prior term balance repayment options, borrower repayment incentives, availability to half-time and less-than-half-time students, availability to students failing to maintain satisfactory academic progress, internet site information and usability, no restrictions on access to loans for students from differing backgrounds, and longevity or prior student lending history. The contract term is January 1, 2027 through December 31, 2029, with two optional 1-year renewal periods.
Prior Term Balance Repayment options, Borrower repayment incentives, Availability to half-time students, Availability to students who fail to maintain Satisfactory Academic Progress, Internet site information and usability, No restrictions on access to loans for students from differing backgrounds, Longevity / Prior student lending history
SUMMARY
Iowa State University and the Office of Student Financial Aid are requesting proposals from qualified lenders to be included in the Preferred Lender List for graduate and undergraduate students and their families to determine private loan lenders.
ISU will display 3-5 lenders on a Preferred Lender List website who meet the desired criteria, listing borrower benefits, lender contact information, and links to online applications. Key evaluation criteria include prior term balance repayment options, borrower repayment incentives, availability to half-time and less-than-half-time students, availability to students failing to maintain satisfactory academic progress, internet site information and usability, no restrictions on access to loans for students from differing backgrounds, and longevity or prior student lending history. The contract term is January 1, 2027 through December 31, 2029, with two optional 1-year renewal periods.
EVALUATION CRITERIA
Prior Term Balance Repayment options, Borrower repayment incentives, Availability to half-time students, Availability to students who fail to maintain Satisfactory Academic Progress, Internet site information and usability, No restrictions on access to loans for students from differing backgrounds, Longevity / Prior student lending history
- Submit to
- https://iastate.ionwave.net/PublicDetail.aspx?bidID=2780&SourceType=1
- Duration
- 36 months
- Scope location
- Ames, IA
Questions about this RFP
How do I respond to this RFI from Iowa State University?
Review the full solicitation document for submission requirements, evaluation criteria, and deadlines. The submission deadline is November 9, 2026. Submissions should be delivered to: https://iastate.ionwave.net/PublicDetail.aspx?bidID=2780&SourceType=1. For questions, contact Jamie Albertsen.
Can small businesses or minority-owned firms bid on this RFI?
Most government agencies, including Iowa State University in IA, encourage participation from small businesses, minority-owned, women-owned, and disadvantaged business enterprises (MBE/WBE/DBE). Check the full solicitation for any small business participation goals.
What happens after the RFI submission deadline?
After the deadline, the issuing agency reviews all submissions against the stated evaluation criteria. This typically includes a compliance check, technical evaluation, cost analysis, and may involve oral presentations with shortlisted vendors.
Can I ask questions about this solicitation before submitting?
Yes, most solicitations allow vendors to submit questions during a designated period. The primary contact is Jamie Albertsen. Questions and answers are typically shared with all prospective bidders.
Can I search RFIs like this in ChatGPT or Claude?
Yes. Civic IQ has an MCP server that connects ChatGPT, Claude and other AI assistants to live Civic IQ data: open RFPs, pre-RFP signals from public meetings, awarded contracts and agency decision-makers across 100,000+ US public agencies. Add https://beta.mcp.civiciq.com/mcp as a connector (in ChatGPT under Settings > Apps & Connectors, in Claude under Settings > Connectors) and sign in with a free Civic IQ account at civiciq.com/mcp.
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What are the evaluation criteria for this solicitation?
This solicitation includes specific evaluation criteria that will be used to score proposals. The criteria include: "Prior Term Balance Repayment options, Borrower repayment incentives, Availability to half-time students, Availability to students who fail to maintain Satisfactory Academic Progress, Internet site inf..." Vendors should carefully align their proposals with each criterion to maximize their score.
Where can I find more RFPs from Iowa State University?
All active and historical solicitations from Iowa State University are tracked and searchable. As a higher ed agency, Iowa State University regularly publishes solicitations. Visit the agency profile to see current open bids, past contracts, vendor relationships, and decision-maker contacts.
What is the contract term for this solicitation?
The anticipated contract term is 3 years. Contract terms may include renewal options.
Is this solicitation still open for submissions?
Based on the posted deadline of November 9, 2026, this solicitation appears to still be accepting submissions. Deadlines may change through amendments or addenda, so always verify the current status directly with the issuing agency before preparing your response.
What documents are required to bid on this RFI?
Requirements vary by solicitation, but common documents include a technical proposal, cost/price proposal, proof of insurance, relevant certifications, past performance references, and any forms specified in the solicitation. Review the full document from Iowa State University for the complete list.
What is the scope of this project?
This solicitation defines a specific project scope. The scope covers the following locations: Ames, IA. Review the full solicitation for detailed scope requirements.