ACI has a complete Education Division designed to specifically handle the collection of:

Student Loans;

Tuition Fees Due;

Membership Fees Due;

Fraternity Dues;

Sorority Dues;

Housing Fees

With over 25 years of experience, ACI has been helping private schools, universities, fraternities and sororities obtain payment when due.

When dealing with active students, ACI realizes the need to bring accounts current without creating unnecessary pressure upon the student. ACI achieves a balance by placing students on a diligent payment plan. Payment plans can be organized in such a way that weekly or semi-monthly deductions are automatically withdrawn from the student’s bank account. To ensure consistent payment performance, ACI’s Education Division professionals also counsels each student with emphasis on maintaining monthly expenses not to exceed known income. However, where a parent or other guarantor has been identified, ACI moves for a speedy resolution of any account due while maintaining a positive image for the school or association.

When dealing with Alumni, ACI realizes that new graduates may not always have the advantage of a predetermined job placement. During this transitional phase, ACI works with each Alumni student to secure monthly payments until such time as a professional position has been secured. Thereafter, payments are increased in accordance with the increase in income.

When dealing with transferees, students who have dropped out, or student loans in default, ACI’s Education Division of professionals move quickly to recover the balance in full due. In many instances, new lenders may be introduced where necessary to obtain a refinance of the debt. In this way, ACI secures payment in full on the balance due our client while the student is content to pay his new creditor.

Every school, fraternity or sorority must establish a specific internal policy for the management of their accounts receivables. From day one through the time that the account becomes delinquent, it is imperative to have an action plan.

Time is of the essence in placing an account for collections. The older an account becomes, the lower your chances of recovery. It is critical to take proactive actions once an account receivable ages sixty to ninety days past its due date.

The chart below shows the United States Department of Commerce statistics on the effect of aging of debt. The age of each account determines their value.

or additional information as to the statistical emphasis of A/R performance of student loans and fees due and remedies for collection on educational debts, please visit the U.S. Department of Education at www.ed.gov