Sec. 11. Notwithstanding any other law, a state educational institution, in collecting amounts owed it, may, in the event of default and referral to an attorney or collection agency, add to the amount collected the following:
(1) The amount of attorney's fees incurred in the collection of the debt.
(2) The amount of collection agency fees incurred in the collection of the debt.
(3) The amount of court costs incurred in the collection of the debt.