Literaturnachweis - Detailanzeige
Institution | Department of Education, Washington, DC. Default Management Div. |
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Titel | Draft Cohort Default Rate Review Guide, FY 1996. |
Quelle | (1998), (57 Seiten)
PDF als Volltext |
Sprache | englisch |
Dokumenttyp | gedruckt; online; Monographie |
Schlagwörter | Leitfaden; Administrator Guides; Compliance (Legal); Databases; Financial Problems; Higher Education; Loan Default; Postsecondary Education; School Accounting; Student Loan Programs |
Abstract | This guide provides information to help postsecondary schools and guaranty agencies (GAs) understand how a cohort default rate is calculated, review backup data, submit challenges to GAs and/or Direct Loan Servicing Centers (DLSC), and understand the response from the GA and/or DLSC. A cohort default rate includes Federal Family Education Loan (FFEL) Program loans and/or William D. Ford Federal Direct Loan Program loans made to student borrowers. The cohort default rate is based on those borrowers who entered repayment and defaulted on their loans during a statutorily mandated time period. Information is included on how a school's cohort default rate is calculated; the situation of a borrower who has more than one loan entering repayment during the fiscal year; and how student loan consolidation affects a school's cohort default rate. The section on backup data discusses which schools receive draft backup data, how backup data is produced, whether a school's draft data and official data will be the same, whether backup data is subject to the Privacy Act, and how to read a report on draft backup data. The guide includes a sample backup data report, an example of a challenge to the GA or DLSC, and contact lists for GAs, the DLSC, and The Department of Education. (SW) |
Erfasst von | ERIC (Education Resources Information Center), Washington, DC |