Colleges and universities have unique requirements among the various classes of creditors. We offer academic institutions the right combination of tools, programs, and compliance assurances needed to collect your delinquent tuition accounts and miscellaneous student receivables
National Recovery Agency can provide you with solutions to help you accelerate your cash flow and increase your revenue. We understand that collecting your past-due receivables is crucial to your business operations in supporting your bottom line. National Recovery Agency will collect your money without damaging the valuable business relationships you have established with your patrons.
National Recovery Agency (NRA) provides immediate, professional debt management solutions in defaulted debt collection. Our extensive experience in the collection of these accounts includes the acceptance of portfolios with loans at all ages of account placements (firsts, seconds, thirds) and at all stages of due diligence.
NRA serves all facets of the Educational Industry including:
- Perkins Loans
- Tuition Accounts
- Fees, Fines, Materials
- Miscellaneous Debt
We understand that non-payment of these debts will impact the operating budget of various departments on campus. When repaying student loans, borrowers have choices in repaying their obligations. We use our collections expertise and advanced technology systems to contact former students about resolving their outstanding loans through:
- Direct Collection
- Administrative wage garnishments
- Administrative resolutions
NRA's specially trained Collection Representatives, who have over 20 years combined experience in student loans, tuition, and account receivables, understand the rules and regulations that apply to defaulted student loans and they know how to motivate borrowers to resume payments or resolve their debt through all available means. Our focus in this industry allows us to provide unparalleled customer service to our clients.
National Recovery Agency understands the importance of personal contact and timely response to ensure and maintain the successful relationships we have with our university and college partners. NRA's goal is to be a trusted partner to our clients by combining specialized industry experience, the most current technology, and exceptional client service.
If your college or university requires a solution for payment plan monitoring or debt recovery, then look no further. We will work with you to provide customized, web-based reports that meet your requirements. Other web features include real-time account review capabilities with the option to update or close any qualified account.
Contact us today to learn more about our comprehensive receivables management solution for your delinquent educational accounts.