Federal agency contract profile
Department of Education: Federal Contract Spending & Top Vendors
Data through 2026-09-28 · FY2026 to date
- Obligations, FY2026 to date
- $2.4B
- Contract awards
- 780
- Average award size
- $3.1M
- vs. prior full fiscal year
- 3.2% decline
| Item | Obligations |
|---|---|
| FY21 | $2.7B |
| FY22 | $2.4B |
| FY23 | $2.4B |
| FY24 | $2.7B |
| FY25 | $2.5B |
| FY26 | $2.4B |
Obligations fell 3.2% year over year, from $2.5B in FY2025 to $2.4B in FY2026 to date.
The Department of Education obligated $2.4B in federal contracts in FY2026 to date. The agency executed 780 awards with an average award size of $3.1M, and obligations were down 3.2% year over year. Contract spending has stayed near the same level as prior recent years: FY21 was $2.7B, FY22 was $2.4B, FY23 was $2.4B, FY24 was $2.7B, and FY25 was $2.5B. The largest spending categories are Other Activities Related to Credit Intermediation at $936M and Computer Systems Design Services at $693M, followed by Other Computer Related Services at $166M and Research and Development in the Social Sciences and Humanities at $149M. Major vendors include ACCENTURE FEDERAL SERVICES LLC at $372M and NELNET SERVICING LLC at $300M. The Department of Education’s contract profile shows concentration in financial services and IT support, with a mix of research and program management contractors supplying program delivery, systems design, and loan servicing functions.
How concentrated is Education’s contract spending by category?
Other Activities Related to Credit Intermediation accounts for $936M of obligations, making that category the largest by far. Computer Systems Design Services accounts for $693M, and the next tier includes Other Computer Related Services at $166M and Research and Development in the Social Sciences and Humanities at $149M. The top categories show a split between financial services and information technology work.
| Item | Obligations |
|---|---|
| Other Activities Related to Credit Intermediation | $936M |
| Computer Systems Design Services | $693M |
| Other Computer Related Services | $166M |
| Research and Development in the Social Sciences and Humanities | $149M |
| Custom Computer Programming Services | $112M |
| Administrative Management and General Management Consulting Services | $106M |
| Financial Transactions Processing, Reserve, and Clearinghouse Activities | $63M |
| Collection Agencies | $36.2M |
| Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services | $35M |
| Software Publishers | $25.1M |
Other Activities Related to Credit Intermediation was Education's largest contract category, with $936M obligated (38.6% of contract spending).
Who captures the largest share of Education’s contract dollars?
ACCENTURE FEDERAL SERVICES LLC is the top vendor at $372M, followed by NELNET SERVICING LLC at $300M and MAXIMUS EDUCATION LLC at $243M. EDFINANCIAL SERVICES LLC and MISSOURI HIGHER EDUCATION LOAN AUTHORITY follow at $201M and $138M respectively. The vendor list reflects large awards to systems integrators, loan servicers, and research contractors.
| Item | Obligations |
|---|---|
| ACCENTURE FEDERAL SERVICES LLC | $372M |
| NELNET SERVICING LLC | $300M |
| MAXIMUS EDUCATION LLC | $243M |
| EDFINANCIAL SERVICES LLC | $201M |
| MISSOURI HIGHER EDUCATION LOAN AUTHORITY | $138M |
| MAXIMUS FEDERAL SERVICES, INC. | $132M |
| GENERAL DYNAMICS INFORMATION TECHNOLOGY, INC. | $90.4M |
| CENTRAL RESEARCH INC | $72.6M |
| WESTAT, INC. | $63.2M |
| EDUCATIONAL TESTING SERVICE | $46.9M |
ACCENTURE FEDERAL SERVICES LLC led all Education contractors with $372M, 15.4% of obligations.
| Rank | Vendor | Obligations |
|---|---|---|
| 1 | ACCENTURE FEDERAL SERVICES LLC | $372M |
| 2 | NELNET SERVICING LLC | $300M |
| 3 | MAXIMUS EDUCATION LLC | $243M |
| 4 | EDFINANCIAL SERVICES LLC | $201M |
| 5 | MISSOURI HIGHER EDUCATION LOAN AUTHORITY | $138M |
| 6 | MAXIMUS FEDERAL SERVICES, INC. | $132M |
| 7 | GENERAL DYNAMICS INFORMATION TECHNOLOGY, INC. | $90.4M |
| 8 | CENTRAL RESEARCH INC | $72.6M |
| 9 | WESTAT, INC. | $63.2M |
| 10 | EDUCATIONAL TESTING SERVICE | $46.9M |
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Frequently asked questions
How much does Department of Education spend on contracts?
The Department of Education obligated $2.4B in contracts in FY2026 to date. The agency processed 780 awards with an average award size of $3.1M, and obligations were down 3.2% year over year.
What does Education buy?
The Department of Education buys financial-services and IT work, plus research and management services. The largest categories are Other Activities Related to Credit Intermediation at $936M and Computer Systems Design Services at $693M, with additional spending in Other Computer Related Services, Research and Development in the Social Sciences and Humanities, and Custom Computer Programming Services.
Who are Education's largest contractors?
ACCENTURE FEDERAL SERVICES LLC and NELNET SERVICING LLC are the largest contractors by dollar value. ACCENTURE FEDERAL SERVICES LLC received $372M and NELNET SERVICING LLC received $300M, followed by MAXIMUS EDUCATION LLC at $243M and EDFINANCIAL SERVICES LLC at $201M.
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