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Student Loan Collection Jobs (NOW HIRING)

Student Account Specialist

Waverly, IA ยท On-site

$17.50 - $24/hr

... loans, collection accounts, and past due student accounts. (7%) Serve as the primary back-up for the Student Account Assistant. (5%) Process mail and receipts for payments on student accounts. (2%) ...

Student Account Specialist

Waverly, IA

$17.50 - $24/hr

... loans, collection accounts, and past due student accounts. (7%) Serve as the primary back-up for the Student Account Assistant. (5%) Process mail and receipts for payments on student accounts. (2%) ...

Collection Specialist

Davidson, NC ยท On-site

$17 - $23.25/hr

Prepare loan agreements, condition reports, shipping documentation, and insurance records. * Facilitate faculty, student, scholar, and researcher access to the collection. * Research & Special ...

Collection Specialist

Davidson, NC ยท On-site

$17 - $23.25/hr

Prepare loan agreements, condition reports, shipping documentation, and insurance records. * Facilitate faculty, student, scholar, and researcher access to the collection. * Research & Special ...

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Student Loan Collection information

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How much do student loan collection jobs pay per hour?

As of Aug 22, 2026, the average hourly pay for student loan collection in the United States is $22.51, according to ZipRecruiter salary data. Most workers in this role earn between $20.19 and $24.76 per hour, depending on experience, location, and employer.

What is a student loan collector?

Student loan collectors are professionals or agencies responsible for recovering overdue payments on student loans. They contact borrowers who have fallen behind on their payments to negotiate repayment plans, collect debts, and provide information about options like deferment or forbearance. Their goal is to help borrowers resolve their delinquency while ensuring the lender receives the money owed. Student loan collectors must follow regulations set by laws such as the Fair Debt Collection Practices Act to protect borrowers' rights.

What are the key skills and qualifications needed to thrive as a student loan collector?

To thrive as a Student Loan Collector, you need strong negotiation, problem-solving, and customer service skills, typically supported by a high school diploma or equivalent. Familiarity with collections software, CRM systems, and regulatory compliance tools is essential for tracking accounts and ensuring legal adherence. Excellent communication, empathy, and resilience help build rapport with borrowers and handle challenging conversations. These skills are crucial for recovering payments effectively while maintaining positive client relationships and adhering to industry regulations.

What are some common challenges faced by professionals in student loan collection, and how can they be addressed?

Professionals in student loan collection often encounter challenges such as communicating with borrowers who may be experiencing financial hardship or reluctance to engage. Navigating sensitive conversations while maintaining compliance with federal and state regulations requires empathy, patience, and strong negotiation skills. Building rapport and offering solutions like repayment plans or loan rehabilitation can help achieve successful outcomes. Ongoing training and support from supervisors also play a key role in overcoming these challenges.

What is the difference between Student Loan Collection vs Student Loan Officer?

AspectStudent Loan CollectionStudent Loan Officer
CredentialsTypically requires collections or debt recovery experience, sometimes a high school diploma or equivalentRequires a bachelor's degree, often in finance, business, or related fields
Work EnvironmentCollections agencies, financial institutions, or government agenciesFinancial institutions, banks, or loan servicing companies
Primary ResponsibilitiesRecovering overdue student loan payments, contacting delinquent borrowersAssisting borrowers with loan options, processing applications, and managing accounts

While both roles involve working with student loans, Student Loan Collection focuses on recovering overdue payments, often in a debt recovery setting. Student Loan Officers typically assist borrowers with loan management and repayment options. The roles differ in responsibilities, required credentials, and work environment, but both are essential in the student loan industry.

More about Student Loan Collection jobs

What cities are hiring for Student Loan Collection jobs?

Cities with the most Student Loan Collection job openings:

What are the most commonly searched types of Student Loan Collection jobs?

The most popular types of Student Loan Collection jobs are:

What states have the most Student Loan Collection jobs?

States with the most job openings for Student Loan Collection jobs include:

What job categories do people searching Student Loan Collection jobs look for?

The top searched job categories for Student Loan Collection jobs are:

Infographic showing various Student Loan Collection job openings in the United States as of August 2026, with employment types broken down into 3% Internship, 79% Full Time, and 18% Part Time. Highlights an 91% In-person, 6% Hybrid, and 3% Remote job distribution, with an average salary of $46,815 per year, or $22.5 per hour.

Loan Servicing Specialist

LendKey Technologies

Cincinnati, OH โ€ข Hybrid

$20/hr

Full-time

Medical, Dental, Vision, Life, PTO

Posted 24 days ago


Job description

LendKey is a pioneer in digital network lending, empowering more than 400 credit unions and community banks nationwide. With over $8 billion in originated loans and $3.4 billion in serviced assets, we provide an integrated platform combining technology, operations, compliance, and capital markets access to help financial institutions compete in the digital age.

The Loan Servicing Specialist is responsible for providing top-tier customer service and support throughout the lifecycle of a loan. This role focuses on assisting customers with inquiries related to payments, refunds, and general account maintenance through inbound calls, with potential communication through email and chat. The ideal candidate will demonstrate professionalism, empathy, and strong problem-solving skills while ensuring compliance with all federal and state regulations.

Compensation:

  • Starting at $20/hour
  • An additional $1 per hour when working closing shifts
  • Monthly bonus up to $800

Location:

  • Hybrid work week
  • Monday โ€“ Wednesday in Blue Ash office
  • Thursday โ€“ Friday option to work from home

Why work for us?

We have a lot to offer those who are looking to take the next step in their career, including:

  • Opportunity to join a growing fintech
  • Creative and transparent company culture
  • Growth potential
  • Comprehensive medical, dental, vision, and life insurance benefits
  • 21 days of paid time off
  • Paid training

What Youโ€™ll Be Doing:

  • Primarily handle inbound customer service calls for our loan products. Provide exceptional customer service while guiding borrowers and cosigners through inquiries, payments, and payoff requests.
  • Demonstrate in-depth knowledge of loan products, systems, and procedures. Provide individualized, supportive, and trustworthy customer care.
  • Maintain confidentiality and security of borrower information.
  • Accurately record and document customer interactions and account updates.
  • Track and report recurring client issues, lending trends, and system challenges.
  • Problem-solve and perform due diligence functions to ensure compliance with all federal and state regulations, including the Fair Debt Collection Practices Act and bankruptcy laws.
  • Collaborate with internal departments to ensure timely resolution of customer concerns.
  • Meet or exceed daily, weekly, and monthly performance goals, deadlines, and quality objectives.
  • Participate in departmental projects and continuous improvement initiatives as needed.

What Weโ€™re Looking For:

  • Proven ability to deliver outstanding customer service and handle sensitive borrower inquiries
  • Excellent verbal and written communication skills
  • Proficiency with computer systems and Microsoft suite, with the ability to navigate multiple systems
  • Strong problem-solving skills and the ability to think critically under pressure
  • Adaptable, team-oriented, and able to thrive in a fast-paced environment
  • Ability to manage multiple priorities and maintain accuracy and attention to detail
  • Courteous, professional, and positive demeanor
  • Prior financial or loan servicing experience is helpful but not required
  • 1 year of customer service experience preferred
  • Proficiency with computer systems and Microsoft suite

Culture amp; Mindset

Weโ€™re looking for people who care deeply about delivering strong outcomes for customers and supporting their teammates. LendKey was recognized as a 2026 Cincinnati Top Workplace by The Cincinnati Enquirer based on employee feedback.

Youโ€™ll be successful here if you align with how we work:

  • Truthful โ€“ act with honesty and integrity
  • Helpful โ€“ support teammates, clients, and customers
  • Present โ€“ show up engaged, accountable, and committed
  • Driven โ€“ motivated to make an impact
  • Diligent โ€“ thoughtful, detail-oriented, and reliable

What We Do:

LendKey offers a comprehensive digital platform for private student loans, student loan refinancing, and home improvement loans, allowing community-based financial institutions to expand their portfolios and serve more borrowers without increasing infrastructure. Through our ALIRO platform, lenders can efficiently participate in, buy, and sell loans, streamlining portfolio diversification and capital deployment.
For financial institutions, LendKey provides turnkey solutions that include:

  • End-to-end loan origination and servicing expertise
  • Seamless access to a national network of lending partners
  • Advanced risk mitigation and compliance support
  • Opportunities to efficiently deploy capital and diversify portfolios

For borrowers, LendKey delivers:

  • Access to affordable, competitive student loan products from trusted local lenders
  • A simple, transparent digital application and servicing experience
  • The benefits of community-focused lending with the convenience of modern technology

LendKeyโ€™s network lending model empowers both lenders and borrowers, bridging the gap between local values and national reach.

LendKey is an equal opportunity employer and values diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, disability status, or any other basis prohibited by applicable state or federal law. LendKey offers reasonable accommodations to candidates with physical or mental disabilities. If you need accommodations to participate in the job application or interview process due to a disability, please let us know at HR@lendkey.com. Visit Lendkey.com for more information.