Through a series of activities, statements, questions and links to additional resources, this assessment is designed to assist your school in managing your cohort default rate and to help prevent your students from defaulting on federal student loans.
If you identify areas requiring a corrective action, we recommend that you complete an Action Plan.
Default Prevention & Management Activity 1: Early/Late Stage Delinquency
Default Prevention & Management Activity 2: Default Management Plan
Default Prevention & Management Activity 3: Defaulted Borrower Profile Templates
Additional Links: Cohort Default Rate Guide; Online Training Webinar, Default Aversion and Management – DCL ANN-14-02 and DCL ANN-14-23; DCL GEN-15-06 - Loan Counseling Requirements and Flexibilities; School Portfolio Report Import Tool; Financial Literacy Guidance; Financial Capability of Postsecondary Students Report
Please note the regulatory citations are referenced in the first column of the assessment. To link to any of the regulatory references, click on the link in the regulatory link column and scroll down to the applicable section.
|Default Management||Regulatory Link(s)||Activity|
|Definitions 34 CFR 668.182|
|Calculating Cohort Default Rates 34 CFR 668.202:
|Determining cohort default rates for institutions that have undergone a change in status 34 CFR 668.203|
|Sanctions or Benefits Associated with Official Appeals|
|Managing Cohort Default Rate Data|
|Default Prevention (Federal Requirements) 34 CFR 668.14(b)(15); 34 CFR 685.304; 34 CFR 685.309
Last Updated October 2015