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Digest of Education Statistics: 2018
Digest of Education Statistics: 2018

NCES 2020-009
December 2019

Appendix A.3. Office of Federal Student Aid

Cohort Default Rate Database

A school’s cohort default rate is the percentage of the 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 and default within the cohort default period. The 2-year cohort default period is the period that begins on October 1 of the fiscal year when the borrower enters repayment and ends on September 30 of the following fiscal year. The 3-year cohort default period is the period that begins on October 1 of the fiscal year when the borrower enters repayment and ends on September 30 of second fiscal year following the fiscal year in which the borrower entered repayment.

The Office of Federal Student Aid’s cohort default rate database can be accessed at https://nslds.ed.gov/nslds/nslds_SA/defaultmanagement/search_cohort_2015_CY.cfm.

Further information about cohort default rates produced by the Office of Federal Student Aid may be obtained from

https://www2.ed.gov/offices/OSFAP/defaultmanagement/schooltyperates.pdf
https://www2.ed.gov/offices/OSFAP/defaultmanagement/cdr.html
https://ifap.ed.gov/DefaultManagement/CDRGuideMaster.html