Summary: FY 1997 Official Cohort Default Rates
Author: IPOS - Institutional Participation and Oversight Service
Posted on August 25, 1999
The Department will mail the FY 1997 Official Cohort Default Rates to schools via overnight mail on September 29, 1999. The FY 1997 official cohort default rates represent those borrowers that have entered into repayment on certain Federal Family Education Loan (FFEL) and William D. Ford Federal Direct Loan (DL) Program loans during FY 1997 and defaulted (or met other specified conditions) during FY 1997 or FY 1998. Additional information on how cohort default rates are calculated and how to appeal an official cohort default rate can be found in the FY 1997 Official Cohort Default Rate Guide located in the Information for Financial Aid Professionals website bookshelf or you may contact the Default Management Division at (202)708-9396 or via email at OSFA_IPOS_Default_Management_Division@ed.gov.