Official Cohort Default Rate Guide, FY 1996 [microform]
- Bib ID:
- 5619595
- Format:
- Book and Microform
- Author:
- Department of Education, Washington, DC. Default Management Div
- Online Version:
- https://eric.ed.gov/?id=ED421941
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- Description:
-
- [Washington D.C.] : Distributed by ERIC Clearinghouse, 1998
- 269 p.
- Summary:
-
This publication is intended to accompany the official cohort default rate notification letters sent to postsecondary schools each year and to be used by the schools in preparing materials used for appeals. The guide covers the Federal Family Education Loan Program and/or William D. Ford Direct Loan Program cohort rates and does not contain individual school cohort default rates or guaranty agency or lender cohort default rates. The report explains how the Department of Education calculates and reports fiscal year official cohort default rates; the effects these rates have on schools; schools' eligibility to request a rate adjustment; and schools' appeal rights. Following an introduction, a section provides general information on cohort default rates, sanctions, and the loan record detail report. Another section is on appeals. A subsection for schools offers guidance for the following types of appeals: request for adjustment, erroneous data appeal, improper loan servicing and collection appeal, and exceptional mitigating circumstances appeal. A subsection for guaranty agencies provides information on monthly status reports, requests for adjustment, the exceptional mitigating circumstances appeal, the erroneous data appeal, and the improper loan servicing and collection appeal. Six appendices list guaranty agency contacts, direct loan servicer contacts, Department of Education contacts, text of relevant regulations, and user comments on the guide. (DB)
- Notes:
-
- Availability: U.S. Department of Education, Default Management Division, ROB-3, Room 3905, 600 Independence Ave., SW, Washington, DC 20202-5353; phone: 202-708-9396; e-mail: IPOS_Default_Management_Division@ed.gov.
- May also be available online. Address as at 14/8/18: https://eric.ed.gov/
- Reproduction:
- Microfiche. [Washington D.C.]: ERIC Clearinghouse microfiches : positive.
- Subject:
- Other authors/contributors:
- Department of Education, Washington, DC. Default Management Div
- Available From:
- ERIC
- Copyright:
-
In Copyright
You may copy under some circumstances, for example you may copy a portion for research or study. Order a copy through Copies Direct to the extent allowed under fair dealing. Contact us for further information about copying.
- Reason for copyright status:
- Until 2068 [Created/Published Date + 70 Years]
Copyright status was determined using the following information:
- Material type:
- Literary Dramatic Musical
- Published status:
- Published
- Publication date:
- 1998
Copyright status may not be correct if data in the record is incomplete or inaccurate. Other access conditions may also apply. For more information please see: Copyright in library collections.
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