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Cohort Default Rate

A cohort default rate is the percentage of a school's borrowers who enter repayment on certain Federal Family Education Loan (FFEL) Program or William D. Ford Federal Direct Loan (Direct Loan) Program loans during a particular federal fiscal year (FY), October 1 to September 30, and default or meet other specified conditions prior to the end of the second following fiscal year. Please refer to the Cohort Default Rate Guide for a more in-depth description of cohort default rates and how the rates are calculated.

  • 2020 3YR Official Cohort Default Rate 0.0
  • 2019 3YR Official Cohort Default Rate 2.4
  • 2018 3YR Official Cohort Default Rate: 5.4

Source: http://nsldsfap.ed.gov/cdr-searchable-database/school/search
National Comparison: http://fsapartners.ed.gov/sites/default/files/2023-09/FY20OfficialBriefingSlides.pdf