Higher Education Student Loan Debt Collection

Student Debt Collection

LRC have supplied their services to the HE, FE, and associated institutions for over 20 years.

Since January 2013 we have been providing student loan debt recovery services to the London Universities Purchasing Consortium (LUPC) following our successful tender bid. Our supplier framework status enables us to provide student debt collection services to its members and members of other consortia in the UK, including APUC, SUPC, NWUPC and NEUPC.

With over 20 years’ experience serving the education sector, we have gained extensive knowledge and expertise in student debt collection and the recovery of the debt types common to this sector, including tuition fees, (including overseas students), accommodation charges, commercial debts, library and parking fines.

From the start of our relationship we will:

Student Debt Collection

What is your Student Debt Recovery Process?

This has been designed to give you a brief snapshot of the student debt recovery process. It is by no means an exhaustive list, just a guide to help you understand the order of the process and to aid with decision making. For full in-depth process flows for each stage, please ask the client services team.

Stage 1 – Pre legal Collections

30-day collection cycle of data cleansing, letters, emails, calls and SMS text messages

Stage 2 – End of Collections

Decision and information gathering time if no response or payment is received for student debt recovery

Stage 3 – Legal

The issue of a claim form and the obtaining of judgement for the outstanding student debt

Stage 4 – Enforcement

When the judgment has been obtained by default you can then consider your enforcement options for the student debt recovery

Do I need to use a student debt collection service?

With more international students attending our universities colleges and private schools the need is growing year on year. Legal Recoveries are a specialist in student debt collection and have the acquired skills needed to recover unpaid tuition, loans and accommodation fees as well as other outstanding student debts that have been accrued in education.

 

What are the benefits of being LUPC Accredited?

Due to our status of being part of the LUPC supplier framework, we can provide student debt collection services to its members and other consortia in the UK. Key benefits of being on the framework include more competitive pricing/discounted fees and, importantly, means we have already been through rigorous processes to ensure we meet the needs and requirements of the framework’s members. That means that if you are part of the APUC, SUPC, NWUPC or NEPC then we can also offer our services to you.

 

What Type of Student Debt Do Legal Recoveries Help to Collect?

Legal Recoveries help you to collect a range of different student debts that can accrue over the years. If you are trying to gain back debt from overseas students, accommodation charges, tuition fees, bursaries or even library or parking fines, then we can help.

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Featured Customer Reviews

Leeds Beckett University

Overall, I think LRC provide us with a very good service. We have been with them for over 13 years now and to some extent this tells its own story. I would not have any qualms about recommending them to another University.

Frequently Asked Questions

1. What is the student debt recovery process?

Our student debt recovery process is designed to help you recover outstanding debts efficiently. The process typically follows these stages:

  • Stage 1 – Pre-Legal Collections: A 30-day collection cycle involving data cleansing, letters, emails, phone calls, and SMS text messages to engage the debtor and collect the outstanding debt.
  • Stage 2 – End of Collections: If no response or payment is received, we gather further information to decide on the next steps for recovery.
  • Stage 3 – Legal: If necessary, we issue a claim form and seek judgment for the outstanding student debt.
  • Stage 4 – Enforcement: Once a judgment is obtained, we can explore enforcement options to recover the debt.

2. Do I need to use a student debt collection service?

With the growing number of international students attending universities, colleges, and private schools, the demand for student debt recovery services is increasing. Legal Recoveries & Collection specialises in student debt collection and has the expertise to recover unpaid tuition fees, student loans, accommodation charges, and other outstanding debts accrued during education.

3. What types of student debt does LRC help collect?

We assist in recovering a range of student debts, including:

  • Tuition fees, including those owed by overseas students
  • Accommodation charges
  • Commercial debts
  • Library fines
  • Parking fines

Whether the debt is related to tuition, accommodation, or other fees, we have the expertise to assist in its recovery.

4. What are the benefits of LRC being LUPC accredited?

As an accredited supplier on the London Universities Purchasing Consortium (LUPC) framework, we provide student debt collection services to LUPC members as well as members of other consortia, such as APUC, SUPC, NWUPC, and NEUPC. Benefits of our LUPC status include:

  • More competitive pricing and discounted fees
  • Assurance that we have met the rigorous standards required by the framework
  • Access to our services for a wide range of educational institutions

5. How long does the student debt recovery process take?

The timeframe for recovering student debt can vary depending on the complexity of the case and the debtor’s responsiveness. Our 30-day pre-legal collection cycle is the first step, and if further action is needed, we can proceed with legal recovery and enforcement where appropriate.

6. Can LRC help with recovering international student debt?

Yes, we have extensive experience in recovering debts from international students. Whether it’s tuition fees, accommodation charges, or other debts, we have the tools and expertise to pursue debts regardless of the student’s location.

7. What enforcement options are available after obtaining a judgment?

Once a judgment is obtained, we offer several enforcement options to recover student debt, including:

  • High Court Enforcement Agents
  • Charging orders
  • Attachment of earnings
  • Insolvency proceedings

Our team will work with you to determine the most effective enforcement method based on the debtor’s situation.

8. How does LRC support higher education institutions?

With over 20 years of experience in the education sector, we provide comprehensive support to higher education institutions. From recovering tuition fees to handling accommodation and library fines, our tailored debt recovery strategies help institutions maintain financial stability.

9. What makes LRC’s student debt recovery services unique?

Our expertise, combined with our status as an LUPC-accredited supplier, sets us apart. We offer a professional, compliant, and effective approach to student debt recovery, ensuring that educational institutions can recover their outstanding debts while maintaining positive relationships with their students.

10. How can I get started with LRC’s student debt recovery services?

To begin recovering your student debts, simply contact our team. We will tailor a recovery strategy to meet your institution’s specific needs and ensure that the process is as seamless as possible from start to finish.

Get in Touch with Us

If you have any questions about our service or would like to discuss your matters with us in greater detail, please contact the Business Development Team on 0330 024 6342