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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 next 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. Data below gathered from the U.S. Department of Education's Official Cohort Default Rate webpage at https://nsldsfap.ed.gov/cdr-searchable-database/school/detail/view

  • FY 2021 3-year Official Cohort Default Rate: 0.0%
  • FY 2020 3-year Official Cohort Default Rate: 0.0%
  • FY 2019 3-year Official Cohort Default Rate: N/A*

*Cohort Default Rate (CDR) data is not displayed when Number of Borrowers in Repayment (number of borrowers entering repayment in cohort) includes 10 or fewer borrowers.

National Student Loan Cohort Default Rate: https://fsapartners.ed.gov/sites/default/files/2024-09/FY21OfficialCDRGNationalBriefing.pdf
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