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Latest from FSA: FY 2014 3-Year Draft CDRs Distributed February 27

March 8, 2017

FSA recently announced that the Department of Education distributed the FY 2014 3-Year Draft cohort default rate (CDR) notification packages to all eligible domestic and foreign schools on February 27, 2017.

FSA’s announcement details how Draft CDRs were sent to the SAIG mailbox for the destination point administrator designated by the school Each eCDR package included the following information:

  • Cover Letter (message class SHDRLROP)
  • Reader-Friendly Loan Record Detail Report (message class SHCDRROP)
  • Extract-Type Loan Record Detail Report (message class SHCDREOP)

FSA did not send eCDR notification packages to schools who are not enrolled in eCDR. Such schools can download their CRDs and accompanying Loan Record Detail Reports from the National Student Loan Data System (NSLDS)

FSA’s announcement also notes that the period for appealing the FY 2014 3-Year Draft Cohort Default Rates under 34 C.F.R Part 668, Subpart N began on Tuesday, March 7, 2017 for all schools.

For full details, read FSA’s original announcement.

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