Default Prevention and NSLDS. Managing Cohort Default Rates. Overview. Why are Cohort Default Rates growing higher? 3 year Cohort Default Rate calculation Do you feel like you are you up a creek without a paddle? Oars to paddle your way to safety Early Intervention
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Default Prevention and NSLDS
Managing Cohort Default Rates
Cohort Default Rate
Up a creek without a paddle?
The 3-Year Numerator is the numberof a school's borrowers who enter repayment on certain FFEL Program or Direct Loan Program loans during a particular federal fiscal year (FY), which is from October 1 to September 30, and default prior to the end of the nexttwofiscal years.
3-Year Cohort Default Rate
The 3-Year Denominator is the number of a school's borrowers who enter repayment on certain FFEL Program or Direct Loan Program loans during a particular federal fiscal year (FY), which is from October 1 to September 30
* Except in the event of a successful adjustment or appeal
What Should Schools Do
The Oars to Paddle to Safety!
Developing a Task Force and Plan