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U Cohort Default Rate

Cohort Default Rate

A cohort default rate is the percentage of a school's borrowers who enter repayment on certain Federal Family Education Loan (FFEL) Program or William D. Ford Federal Direct Loan (Direct Loan) Program loans during a particular federal fiscal year (FY), October 1 to September 30, and default or meet other specified conditions prior to the end of the next fiscal year. Please refer to the Cohort Default Rate Guide for a more in-depth description of cohort default rates and how the rates are calculated.

  • FY 2018 3yr Official Cohort Default Rate: 1.7
  • FY 2017 3yr Official Cohort Default Rate: 2.6
  • FY 2016 3yr Official Cohort Default Rate: 2.7
  • FY 2015 3yr Official Cohort Default Rate: 3.1

 

National and Local Comparision

Year 2021 2020 2019 2018 2017  2016  2015
National 0% 0% 2.3% 7.3% 9.7% 10.1% 10.8%
National 4 yr public 0% 0% 1.8% 5.4% 7.1% 6.8% 7.1%
University of Utah  0% 0% 0.8% 1.7% 2.6%  2.7% 3.1% 

https://fsapartners.ed.gov/sites/default/files/2024-09/FY21OfficialCDRGNationalBriefing.pdf

Last Updated: 10/28/24