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National Student Loan Data SystemSchool Cohort Default Rate History Report(DRC035)November 15, 20121.0 School Cohort Default Rate History Report School Cohort Default Rate History Report Header File
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How to fill out obtaining school cohort default

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How to fill out obtaining school cohort default

01
Gather the necessary information and documents such as school's identification number, school's name, and address.
02
Access the National Student Loan Data System website.
03
Log in using your Federal Student Aid ID.
04
Select 'School' under the Enrollment tab.
05
Click on 'Cohort Default Rate'.
06
Fill out the required information.
07
Review the information for accuracy before submitting.

Who needs obtaining school cohort default?

01
School administrators and officials who are responsible for monitoring and improving the school's default rate.
02
Students and parents who are interested in understanding the default rates of schools they are considering for enrollment.

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Obtaining school cohort default is a measure of the percentage of a school's borrowers who default on their federal student loans within a certain timeframe.
Schools that participate in federal student aid programs are required to file obtaining school cohort default rates.
Obtaining school cohort default rates are calculated and reported by the U.S. Department of Education using data from the National Student Loan Data System (NSLDS).
The purpose of obtaining school cohort default rates is to ensure accountability and transparency in the federal student aid program, and to help students and families make informed decisions about their education.
Schools must report the percentage of their borrowers who default on federal student loans within a specific cohort period, as well as other loan-related data.
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