Accenture has been awarded a 10-year contract by the US Department of Education to continue the operations and maintenance of the federal financial aid system for students, worth $966 million.

Continuing a relationship that first began in 2001, where the firm provided integrated system operations, customer service, application maintenance and hosting support for federal student aid programs, the new deal will oversee the assessment and delivery of over $1 trillion in federal loans and grants.

‘We are proud to be able to continue supporting the department’s efforts to deliver federal student financial aid to millions of post-secondary students in a secure and reliable manner,’ said Paul Peck, who leads Accenture’s work at the Department of Education.

For weekly news updates, subscribe to our email newsletter.

Read this next: Accenture Wins £350m NHSmail Contract