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News You Can Use: Rescheduled Release Dates for Draft Cohort Default Rates

March 6, 2013

In a March 5th Electronic Announcement, FSA provided the new release dates for 2-year and 3-year cohort default rates (CDRs) for all eligible schools, guaranty agencies, and lenders. The new dates are as follows:

  • March 18, 2013 – Plan to release the FY 2011 2-year draft cohort default rates
  • March 25, 2013 – Plan to release the FY 2010 3-year draft cohort default rates

FSA will post an Electronic Announcement on the IFAP website once they release the draft CDRs.

All schools enrolled in the eCDR process will receive their FY 2011 2-year and FY 2010 3-year draft CDRs and accompanying documentation via their SAIG mailbox. Any school not enrolled in the eCDR process may download their CDR and accompanying documentation from NSLDS. The draft CDR is found on the last page of the Loan Record Detail Report (LRDR).

FSA encourages any school not already signed up for the eCDR process to do so by completing the enrollment form on the SAIG Enrollment website.

If you have questions about the FY 2011 2-year or the FY 2010 3-year draft CDRs, contact FSA by e-mailing fsa.schools.default.management@ed.gov or by calling the Operations Performance Division Hotline at 202.377.4259.

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