Publication Date: September 13, 2004
Author: General Manager, FSA Application, School Eligibility and Delivery Services
Summary: Official FY 02 Cohort Default Rates Distributed September 13, 2004
Posted on 09-14-2004
FY 2002 Official Cohort Default Rates were released on September 13, 2004 to all eligible schools. For domestic schools that enrolled in the electronic cohort default rate (eCDR) process, delivery was made to the Student Aid Internet Gateway (SAIG) destination point designated by the school. Each eCDR package contained (1) a cover letter (message class SHDRLROP), (2) a reader-friendly loan record detail report (message class SHCDRROP), and (3) an extract-type loan record detail report (message class SHCDREOP). Domestic schools not enrolled in eCDR will not receive notification packages from the Department but may download their cohort default rates and accompanying Loan Record Detail Reports at www.nsldsfap.ed.gov. For all foreign schools, the Department mailed a hard copy notification package on September 13, 2004.
Important deadline information for participants: Timeframes for appealing the FY 02 official cohort default rates under 34 C.F.R Part 668, Subpart M, will begin on Tuesday, September 21, 2004. Timeframes for foreign schools begin on the date that the school receives the hard copy notification package.
The Department strongly encourages domestic schools not already signed up for eCDR to complete the enrollment form available at www.fsawebenroll.ed.gov
For additional information regarding the school cohort default rate calculation or the challenge, adjustment, or appeal processes, please refer to the Cohort Default Rate Guide available at http://www.ifap.ed.gov/DefaultManagement/DefaultManagement.html Default Management's main office can also be reached via email at fsa.schools.default.management@ed.gov or via phone at (202) 377-4259.