ERIC Number: ED435265
Record Type: Non-Journal
Publication Date: 1999-Sep
Reference Count: N/A
Schools Subject to Extension of Loss of Eligibility To Participate in the Federal Family Education Loan Program (FFELP, Federal Direct Student Loan Program (FDLSP and/or Federal Pell Grant Program (FPGP). Due to FY 1995, FY 1996, and FY 1997 Cohort Default Rates That Are 25.0% or Greater.
Department of Education, Washington, DC.
This report lists schools with fiscal year (FY) 1995, FY 1996, and FY 1997 official cohort student loan default rates that are 25 percent or higher and have lost eligibility to participate in the Federal Family Education Loan Program, the Federal Direct Student Loan Program, and/or the Federal Pell Grant Program due to prior year cohort default rates that were 25 percent or higher for 3 consecutive years. As a result these schools are subject to an extension of loss of eligibility to participate in these programs unless they submit cohort default rate appeals. Schools are listed in state order by Office of Postsecondary Education identification number. Data elements include the ineligibility code; school name and address; program length/type/region/district; fiscal years for which the default rates have been calculated; number of borrowers in default; number of borrowers in repayment; the default rate; the rate type; rate calculated by loan program; 1996 sanctions; and date the school may reapply to participate in these federal programs. (DB)
Publication Type: Numerical/Quantitative Data
Education Level: N/A
Authoring Institution: Department of Education, Washington, DC.
Identifiers - Laws, Policies, & Programs: Family Education Loan Program; Federal Direct Student Loan Program; Pell Grant Program