Hillsborough Community College has posted Pensacola State College’s ITN for Disbursement Services. Pensacola State College is conducting the ITN whereby the resulting award may be utilized by Florida System Colleges. This ITN solicits proposals from qualified firms to provide Student Disbursement/Refund Services for various Florida Community College System colleges. Selection will result in an awarded vendor whereby all Colleges within the Florida Community College System will have the ability to utilize the services as specified. The goal is to procure a firm which is a FDIC financial institution that promotes financial literacy for college students, believes in collaboration and open communication with student organizations, and comply with Title IV Financial Aid Federal and State regulations and guidelines in order to legally disburse funds for each of the Community Colleges. It is the intent to receive proposals from firms with a proven track record, and selection will be made on the basis of the best firm to provide the specified services. Refund Management Services shall include the following: A turn-key solution to disburse all student refunds at no cost to the students and least cost to the College(s) including full support project implementation and operation; Offer students more flexibility and provide alternatives in receiving refund/payment disbursements; Improve Operational efficiency for the College; Provide online banking; and Increase student services and customer service levels.

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