Education

FAMS has been a GSA Approved Debt Collection Services contract holder since 2000 and a Department of Education contract holder since 1997.

U.S. Department of Education:

  • Skiptracing
  • Default Recovery and Account Resolution
  • Administrative Wage Garnishment
  • Income Contingent Repayment
  • Default Prevention

State Guaranty Agencies:

  • Defaulted FFELP Student Loan Collection and Resolution
  • Default Aversion Assistance – Skip Tracing, Warm-Transfer and Late Stage Delinquency
  • Cohort Default Rate Reduction – Student Withdrawal and Grace Period Counseling
  • Administrative Wage Garnishment, Pre-Subrogation Programs

Secondary Markets / Loan Originators:

  • Default Aversion Assistance – Skip Tracing, Warm-Transfer and Late Stage Delinquency
  • Cohort Default Rate Reduction – Student Withdrawal and Grace Period Counseling
  • Due Diligence Compliance

Alternative / Private Student Loans:

  • Defaulted Alternative/Private Student Loan Collection and Resolution
  • Default Aversion Assistance – Skip Tracing, Warm-Transfer and Late Stage Delinquency

Campus-Based Programs:

  • Perkins, Health Professions - Medicine/Pharmacy, Nursing Graduate and Disadvantaged
  • Tuition and Fees, Student Accounts Receivables, Institutional and Emergency Loans, Litigation Referrals