Updated Release Date for Cohort Default Rates

The Department of Education (ED) has moved back the release date for the official FY 2011 three-year cohort default rates to Sept. 22, 2014.

ED will electronically transmit each school's cohort default rate notification package using the school's Student Aid Internet Gateway. Information for Financial Aid Professionals (IFAP) has released an e-announcement regarding the FY 2011 3-Year Official Cohort Default Rates Release.

As a reminder, OCAP offers free Cohort Rate Analysis for Oklahoma schools. Using cohort rate data supplied by ED via the SAIG, OCAP is able to identify the characteristics and trends of a school's borrowers who are categorized as cohort default rate borrowers. To request a cohort analysis for your campus, please contact Jaime Shelton at 405.234.4281 or jshelton@ocap.org.

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Mary Heid
Director for Default Prevention, Compliance & Training Services
Oklahoma College Assistance Program (OCAP)
P.O. Box 3000 | Oklahoma City, OK 73101-3000
mheid@ocap.org | www.ReadySetRepay.org