Education Industry Reporter

Department of Education Announces Schedule for Release of Draft Cohort Default Rates

Posted in Department of Education, Education Data & Statistics, Financial Aid (Loans & Grants), Higher Education News

CONTRIBUTED BY
Dennis Cariello

Earlier today, the Department of Education issued a electronic announcment notifying the public of the schedule for releasing the Draft Cohort Default Rates.  On February 19, 2013, the Department will release the FY 2011 2-year draft cohort default rates.  On February 25, 2013, the Department will release the FY 2010 3-year draft cohort default rates.  These rates are released to institutions of higher education (as well as lenders and guaranty agencies).  Final rates are released in September.