CONTRIBUTED BY
Dennis Cariello
On February 4 we reported that the Department of Education issued a electronic announcement notifying the public of the schedule for releasing the Draft Cohort Default Rates. On February 15, the Department updated the eletronic announcement to notify the public that it would delay the release of the draft rates to an undetermined date in the future:
Note: Federal Student Aid has postponed the release of the FY 2011 2-Year and FY 2010 3-Year Draft Cohort Default Rates to a later date. Please monitor the Information for Financial Aid Professionals (IFAP) Web site for a forthcoming communication that will announce the rescheduled release dates of the draft cohort default rates.
We will let you know more as we learn the information.
