FY 2011 3-YEAR Official Cohort Default Rates (CDR)

On September 22, 2014, the Department of Education (the Department) electronically distributed the FY 2011 3-Year official cohort default rate (CDR) and accompanying documentation via the Student Aid Internet Gateway (SAIG) to all eligible schools. 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)

eCDR notification 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.

Begin Dates for Appealing FY 2011 3-Year Official Cohort Default Rates

The time period for appealing the FY 2011 3-Year Official Cohort Default Rates began on Tuesday, September 30, 2014 for all schools.

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 by the school until a decision is made and the case is closed.

To complete an adjustment or appeal, you may need a data manager’s contact information. To do so, 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 an 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.

http://www.ifap.ed.gov/eannouncements/092214FY20113YearOfficialCohortDefaultRatesDistributedSept222014.html

 

Comments are closed.