| PublicationDate: 2/8/2000 Summary: FY 1998 Draft Cohort Default Rates Author: General Manager: SFA School Channel Posted on February 8, 2000 To: All Destination Points From: Case Management and Oversight Re: FY 1998 Draft Cohort Default Rates The Department will mail the FY 1998 draft cohort default rates to schools via overnight mail on February 15, 2000. The FY 1998 draft 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 1998 and defaulted (or met other specified conditions) during FY 1998 or FY 1999. Additional information on how cohort default rates are calculated and how to challenge the accuracy of your school's draft cohort default rate can be found in the FY 1998 Draft Cohort Default Rate Guide (located on the IFAP web page under the “Default Material” section of the Bookshelf) or you may contact the Default Management Division at (202)708-9396 or via email at OSFA_IPOS_Default_Management_Division@ed.gov. Sincerely, Victoria Edwards Acting Director Case Management and Oversight |