(1) Whenever the university determines that a debt owed to the university is outstanding, the university shall provide written notice to the debtor. The notice shall include:

(a) The amount of the debt owed to the university,

(b) The basis for the claim,

(c) A demand for payment within a certain period of time, and

(d) Notification of the right of the debtor to challenge the debt by requesting a brief adjudicative proceeding by submitting a request within twenty-one calendar days of the notice.

(2) The notice must be served on the debtor. Service may be accomplished by:

(a) Posting the notice in the United States mail, properly addressed to the last known address on file for the debtor with postage prepaid;

(b) Personally serving the debtor; or,

(c) By emailing the debtor if the debtor has previously agreed to receive notice via email.