ERIC Number: ED413848
Record Type: Non-Journal
Publication Date: 1997-Nov
Reference Count: N/A
Schools Subject to the Loss of Eligibility To Participate in the Federal Family Education Loan Program and/or Direct Loan Program Due to FY 1993, FY 1994, and FY 1995 Cohort Default Rates of 25.0% or Greater. Schools with Extended Loss Listed Separately.
Office of Postsecondary Education (ED), Washington, DC.
This report provides Federal Family Education Loan (FFEL) and Direct Loan Program official cohort default rates for all schools with 30 or more borrowers or official average cohort default rates for schools with under 30 borrowers. All schools in this report have fiscal year (FY) 1993, 1994, and 1995 default rates of 25 percent or higher. The first part of the report lists schools whose participation in the FFEL and/or Direct Loan programs will end for the first time due to their default rates. The second part lists schools whose participation in the FFEL and/or Direct Loan programs ended in the past, and whose loss of participation is being extended for an additional year due to their FY 1995 default rates. Schools are listed alphabetically by state, and information is provided for type of loan program (FFEL, Direct Loan, or both); Office of Postsecondary Education identification number; school name and address; school type, control, regional office, and congressional district; fiscal year for which default rate was calculated; number of borrowers in default; number of borrowers in repayment status; default rate; rate type; program default rate; effective date; action data; and totals. (JLS)
Publication Type: Numerical/Quantitative Data
Education Level: N/A
Authoring Institution: Office of Postsecondary Education (ED), Washington, DC.
Identifiers - Laws, Policies, & Programs: Family Education Loan Program; Federal Direct Student Loan Program