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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 2014 3yr Offical Cohort Default Rate: 3.2
  • FY 2013  3yr Official Cohort Default Rate: 3.3
  • FY 2012  3yr Official Cohort Default Rate: 3.2
  • FY 2011  3yr Official Cohort Default Rate: 3.9
  • FY 2010 3yr Official Cohort Default Rate: 3.9

 

National and Local Comparision

Year 2014 2013 2012 1011 2010
National 11.5% 11.3% 11.8% 13.7% 14.7%
National 4 yr public 7.5% 7.3% 7.3% 8.9% 9.3%
Utah  9.2% 9.7% 9.9% 11.4% 11.9%
University of Utah  3.2% 3.3% 3.2% 3.9% 3.9%

http://www2.ed.gov/offices/OSFAP/defaultmanagement/cdr.html

Last Updated: 11/21/17