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(Loans) Subject: FY 2008 Draft Cohort Default Rates Release Scheduled for February 8, 2010

Posted Date:January 27, 2010

Author: Katrina Turner, Director, Portfolio Performance Division, Federal Student Aid

Subject: FY 2008 Draft Cohort Default Rates Release Scheduled for February 8, 2010

On February 8, 2010, we plan to release the FY 2008 Draft Cohort Default Rates to all eligible schools. After we release the draft rates, we will post an Electronic Announcement on the Information for Financial Aid Professionals (IFAP) Web site.

All schools, both domestic and foreign, enrolled in the Electronic Cohort Default Rate (eCDR) process will receive their FY 2008 Draft Cohort Default Rate and accompanying documentation via their Student Aid Internet Gateway (SAIG) mailbox. Any school not enrolled in the eCDR process may download their cohort default rate and accompanying documentation from the National Student Loan Data System (NSLDS) via the NSLDS Professional Access Web site. Your draft cohort default rate is found on the last page of the Loan Record Detail Report (LRDR).

Note: We encourage any school not already signed up for the eCDR process to do so by completing the enrollment form on the SAIG Enrollment Web site.

Contact Information

If you have questions about the FY 2008 Draft Cohort Default Rates, contact us by e-mailing fsa.schools.default.management@ed.gov or by calling the Portfolio Performance Division Hotline at 202/377-4259.

Last Modified: 01/26/2010