Publication Date: January 28, 2008
Author: Susan Szabo, Chief Business Operations Officer, Federal Student Aid
Summary: FY 2006 Draft Cohort Default Rates will be released on 2/11/08
Posted on 01-28-2008
FY 2006 Draft Cohort Default Rates will be released on February 11, 2008 to all eligible schools. All domestic schools will receive their FY 2006 Draft Cohort Default Rate electronically via their SAIG mailbox. Foreign schools will receive their notification package via the U.S. Postal Service. Foreign schools that have one or more borrowers in repayment will receive their Loan Record Detail Report (LRDR) as an encrypted Portable Document Format (PDF) file on a CD-ROM. Foreign schools that receive a CD-ROM will also receive a separate letter providing the password needed to decrypt the LRDR.
If you have any questions, please send an email to: email@example.com or call the Default Prevention and Management hotline at (202) 377-4259.