Financial Aid Management System Modernization and Integration Solution
Overview
Fit Score
Settle Intelligence
Settle helps teams find, evaluate, and respond to public RFPs. We continuously surface new opportunities, score them against your company strengths, and draft proposal responses so you can focus on the work that wins business.
SUMMARY
KEY REQUIREMENTS
BUDGET
EstimateCONTRACT DURATION
TIMELINE
Release of RFP: February 26th, 2026
Deadline for Written Questions: March 10th, 2026, 3 p.m. Lexington Time
RFP Proposals Due: March 26th, 2026, 3 p.m. Lexington Time
QUESTION DEADLINE
Issuing Agency
University of Kentucky Procurement Services
Organization overview and procurement intelligence available on paid plans.
DESCRIPTION
The vendor is required to provide a comprehensive, secure, and scalable Financial Aid Management System (FAMS) to support the full lifecycle of financial aid administration. The solution should modernize and streamline all financial aid operations, ensuring compliance with federal, state, institutional, and accreditation requirements. It should enhance student service and communication while offering robust reporting and analytics capabilities to aid in strategic planning, enrollment management, retention, and operational decision-making.
The system must integrate seamlessly and securely with the university’s SAP enterprise system. Proposals should detail methods for accurate data exchange, automation of key workflows, and strong data governance practices that reduce manual effort and reconciliation. Vendors are encouraged to present solutions leveraging best practices in system integration and automation, with a focus on minimizing manual intervention and promoting operational efficiency.
Source attribution
This Settle analysis is based on the issuing organization’s public RFP listing.