Default Management Frequently Asked Questions

These Frequently Asked Questions provide information and operational guidance on default management. The questions also address information about the cohort default rate guide.

Note: In the following FAQs, "the Department" refers to the U.S. Department of Education, "FFEL" refers to Federal Family Education Loan, and "FDSLP" or "Direct Loan" refers to William D. Ford Federal Direct Loan. "NSLDS" refers to National Student Loan Data System.