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The University of Arizona·Arizona

Request for Proposal for Debt Collection Services

Closes 9/9/2026$2M – $10MRequest for Proposal
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Description

The University of Arizona, on behalf of the Arizona Board of Regents, is seeking a vendor to provide comprehensive debt‑collection services for student‑loan and tuition receivable accounts across the three public universities in Arizona (UA, ASU, NAU). The work includes pre‑collection communications, full‑scale collection activities for first and second referrals, litigation support, international collections, and extensive reporting in compliance with federal regulations (FERPA, HIPAA, Title 34 CFR) and university policies. Compensation is commission‑based (23 % on first placements, 28.5 % on second/third placements, 40 % on judgments) with no fixed dollar ceiling. Vendors must possess nationwide licensing, secure FTP data transfer capabilities, and meet substantial insurance minimums. The contract is initially one year, renewable up to a total of five years. • Provide pre‑collection letters (no cost to universities) and internal collection outreach (mail, email, phone, SMS). • Perform first‑ and second‑placement collection actions on federal student loans, institutional loans, tuition receivables, and international accounts, adhering to all applicable federal and state regulations. • Deliver monthly, weekly, and annual reports; maintain secure data exchange via FTP; meet insurance and compliance requirements; and accept commission‑based payment structure.

Attached files

The solicitation documents live at the source — open the bid source above to download them.

Contact

Celeste Kanzig(Primary RFP Contact)

[email protected]

Key dates

Opened
7/6/2026
Questions due
7/23/2026
Closes
9/9/2026
Projected award
7/28/2026
Duration
5 years

Last updated

Details

Type
Request for Proposal
Industry
Financial Services
NAICS
561440
Solicitation №
L192612

Budget estimate

$2,000,000 – $10,000,000

No total contract value is disclosed; compensation is commission‑based (23 %‑28.5 % on recoveries, 40 % on judgments). Assuming the universities’ combined student‑loan and tuition receivable portfolio generates $10 – 30 million in recoveries annually, the vendor’s earnings could range from roughly $2 million (at lower recovery volumes) to $10 million (at higher volumes) per year, translating to a multi‑year contract value of $2 – 10 million. Factors influencing the budget include the actual dollar amount of debts recovered, the mix of first vs. second referrals, and the proportion of judgment collections.

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