The U.S. Department of Education has declared Continental Service Group, Inc., d.b.a. ConServe as the number 1 ranked performing agency on its quarterly evaluation and contract to date evaluation for the student loan, small business collection contract.
The U.S. Department of Education operates over 175 programs that touch every area and level of education. Through its Federal Student Aid unit (FSA), the division that manages the multi-billion dollar collection contract, the U.S. Department of ED maintains contracts with a select number of agencies to administer collection activities for defaulted student loan accounts.
ConServe was awarded the small business set aside contract with The U.S. Department of Education in 2004. ConServe quickly achieved the number one performance ranking and has maintained its position as the top rated agency in its category since 2004. ConServe has collected more total dollars ($156.9M.) and has achieved the highest collection percentage (6.54 percent) than any other collection agency on this contract.
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