AR Management is a professional loan management company providing comprehensive Private Student Loan Servicing and Default Management services. We specialize in helping to improve loan repayment by students as well reducing your school's federal student loan default rates.
Read more...Our objective is to provide a customized approach for managing all of your student loan needs. We not only provide complete servicing capabilities for private student loans but we can also help to keep your school's default rate in check using our innovative software platform.
When you partner with AR Management, our team becomes an extension of your school and proactively works with students by taking a unique consultative approach. Our success is a result of the quality of the financial counselors we employ to support your school.
Research shows that...
Successfully contacted borrowers are 60% less likely to become delinquent during their first year of repayment. | |
Borrowers who have withdrawn from school and are successfully contacted are 54% less likely to become delinquent. | |
Delinquent borrowers successfully contacted are 40% more likely to get back on track within 60 days of communication. |
AR Management provides customized student loan servicing along with a broad range of additional services and tools to help minimize loan default rates while meeting all Federal disclosure requirements. Our private student loan servicing products we offer include:
Access to stae-of-the-art software for managing all aspects of private student loans | |
Loan documents and disclosure forms meeting HEOA, TILA, Regulation Z requirements | |
Managing all aspects of billing, payment, risk and management | |
Dedicated customer service manager & representatives with 15+ years of industry experience | |
Electronic signature for loan documents | |
Full-service student loan portal for students to track their loans and make payments | |
Credit card/ACH payment options | |
Full suite of reports |
AR Management provides comprehensive default management services to help lower and manage your school's cohort default rate (CDR). We work with students to help them stay on track while repaying their federal student loans. In addition, we assist students with loan forbearance and income-based repayment plans and help them through the process when working with federal loan servicers. Our default management services include:
Access to state-of-the-art software for tracking and reporting federal student loan data | |
Downloading and consolidating federal student loan data from the NSLDS and all federal loan servicers | |
Identifying characteristics and trends of your students to predict potential at-risk borrowers | |
Guidance with defining objectives, creating and implementing a default management plan, and tracking and measuring results | |
Full-service student loan portal for students to track their loans and gain insight with our financial literacy program | |
Full suite of reports |
As the Chief Business Officer for CollegeAmerica, I am writing this letter to you to let you know how pleased we are with your services. Your services and collection approach are top-notch, and we are very pleased with the work you have done for us. AR Management has increased our collections considerably.
AR Management is a "no brainer" for Bishop DuBourg High School. Last year, their on-site representative brought in $14.46 for every $1 it cost us. This year they will approach $20 for every $1 they cost us. AR Management builds trust between our school, their on-site representative and our parents. Because of this, our parents are willing to work with us on payment.
Working with AR Management has been a blessing for St. Joseph's Academy. Our parents appreciate AR Management's expertise working with them to meet their obligations. Our Business office staff appreciates the time and consistent attention AR Management has provided in managing tuition collection.
Not only do our parents feel comfortable with our AR Management representative, Our AR Management representative employee is also more adept than our internal person at handling the conversations.