cohort default rates

Cohort Default Rates – What You Need to Know

Melissa Maichle Cohort Default Rates, Federal Student Aid Programs, Financial Aid Industry News

On February 25th, 2019, the U.S. Department of Education released each institution’s draft FY2016 Cohort Default Rate, which will become the official rate unless incorrect data is challenged through the incorrect data challenges (IDC) process.  To summarize our January postRead more »

CDR: To Challenge or Not to Challenge…

Melissa Maichle ., Federal Student Aid Programs, General Issues in Financial Aid



Next month, colleges will receive draft Cohort Default Rates (CDR) for FY2016 and will have the opportunity to challenge the data if there are inaccuracies.  First let’s dive into what the CDR represents.  The Department of Education calculates the … Read more »