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Get the free 2001 Cohort Default Rates for Lenders in PDF - IFAP - ifap ed

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LID UNDER NAM ADDRESS CITY STATE 80001800 SOUTH TR P.O. BOX BIRMINGHAM 80002300 SOUTH TR 220 WildwoHomewoodAL RICHMOND VA 80006100 UNTRUE 1001 SEMI 80009700 REGIONS PO BOX 25MOBILE AL 80024100 BANK
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Cohort default rates measure the percentage of borrowers who enter repayment on certain federal loans within a specific period and default on those loans within a given time frame.
Postsecondary institutions that participate in the federal student aid programs are required to file cohort default rates.
Cohort default rates are calculated by collecting data on borrowers who enter repayment, tracking their loan status over a defined period, and reporting the percentage of borrowers who default.
The purpose of cohort default rates is to measure the effectiveness of institutions in helping their students successfully repay their federal loans.
Cohort default rates require reporting on the number of borrowers who enter repayment, the number of borrowers who default, and the percentage of borrowers who default within a specific time frame.
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