On September 16, 2013, USDE distributed the FY 2011 2-Year CDR notification packages to all eligible schools. The FY 2010 3-Year CDR notification packages were distributed on September 23, 2013.
This information was sent to the SAIG mailbox for the destination point 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)
Packages were not sent 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 Web site.
Note: Any school that did not have a borrower in repayment, during the current or any of the past cohort default rate periods, will not receive an official cohort default rate notification package. These schools are considered to have no cohort default rate data and no cohort default rate.
Guaranty agency rates were provided via e-mail. Lender rates were provided via postal service. Both guaranty agency and lender rates can also be obtained through the NSLDS.
Begin Dates for Appealing Official Cohort Default Rates
FY 2011 2-Year CDR – Tuesday, September 24, 2013
FY 2010 3-Year CDR – Tuesday, October 1, 2013
All Uncorrected Data Adjustments (UDA) and New Data Adjustments (NDA) must be made through the eCDR Appeals application. Additionally, the Loan Servicing (LS) Appeal process is now available electronically through the eCDR Appeals application. All other adjustments/appeals will continue to be submitted via hard copy. As a reminder, eCDR Appeals is a web-based application that allows schools to electronically submit certain adjustments/appeals requests during the specified timeframes. The application allows data managers (guaranty agency or Federal Loan Servicer) and Federal Student Aid personnel to electronically view and respond to these adjustments/appeals. The application tracks the entire life cycle of each request from the time the case is submitted until the time a decision is made and the case is closed.
In order to complete an adjustment or appeal, you may need data manager’s contact information. Click on the link labeled, “Data Manager Information” from the home page of the Cohort Default Rate Guide at http://www.ifap.ed.gov/DefaultManagement/finalcdrg.html.
If the Department revises a school’s cohort default rate based on its adjustment or appeal submission, the revised cohort default rate will be available on Operations Performance Division’s Web site at http://www.ifap.ed.gov/DefaultManagement/DefaultManagement.html.
For specific information regarding eCDR Appeals, visit the eCDR Appeals Web site, where you will find user guides for each of the challenge and adjustment processes, as well as a user guide for the registration process. Additionally, you will find links to recordings of eCDR Appeals demonstration sessions to assist first time users.
Operations Performance Division’s hotline: 202/377-4259 or email fsa.schools.default.management@ed.gov
http://www.ifap.ed.gov/eannouncements/091613FY20112YearOfficialCDRDistributedSeptember162013.html
http://www.ifap.ed.gov/eannouncements/092313FY20103YearOfficialCDRDistributedSeptember232013.html
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