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Student Accounts ReceivableCollection Agencies The University of Texas at Austin contracts with 4 national collection agencies to collect our severely past due student loans. If your loan becomes 6 months past due, it will be accelerated and placed with one of our collection agencies. A collection fee of 33 1/3% of your past due balance will also be added to your loan. Interest and collection fees will continue to accrue monthly. Within 2 weeks of placement, you will be contacted directly by the collection agency. It is in your best interest to contact the agency as soon as possible to resolve the delinquency on your Perkins Loan. The collection agencies we contract with are listed below: General Revenue Corporation Williams and Fudge National Credit Management ConServe
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