FY 2017 Draft Cohort Default Rates Distributed

On February 24, 2020, the Department of Education (the Department) distributed the FY 2017 draft cohort default rate (CDR) notification packages to all eligible domestic and foreign schools only. In this announcement, the Department provided information about the distribution, and the begin dates for appealing the draft rates.

Distribution of FY 2017 Draft Cohort Default Rates

For both eligible domestic and foreign schools enrolled in the Electronic Cohort Default Rate (eCDR) notification process, the Department sent FY 2017 draft cohort default rate and accompanying documentation via the Student Aid Internet Gateway (SAIG). This information was sent to the SAIG mailbox for the destination point administrator designated by the school. Each eCDR package contained 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)

The Department did not send eCDR notification packages to any school not enrolled in eCDR. These schools may download their cohort default rate and accompanying Loan Record Detail Reports from the National Student Loan Data System (NSLDS®) via the NSLDS Professional Access website.

For additional information regarding the school cohort default rate calculation or the adjustment/appeal processes, refer to the Cohort Default Rate Guide at https://ifap.ed.gov/dm/finalcdrg.

The entire Cohort Default Rate Guide is available at Operations Performance Division’s website at https://ifap.ed.gov/dm/cdrguidemaster.