DRAFT COHORT DEFAULT RATE CHALLENGE APPEAL DEADLINE APRIL 19, 2018

In a message to the Financial Aid Community posted by Federal Student Aid yesterday, FSA reminded schools the Fiscal Year 2015 Draft Cohort Default Rate Challenge Appeal Deadline is April 19, 2018.

On February 26, 2018, the Department of Education (the Department) distributed the FY 2015 Draft Electronic Cohort Default Rate (eCDR) notification packages to all Title IV eligible schools.

As a reminder, the 45-day timeline for schools to challenge their FY 2015 Draft Cohort Default Rate (CDR) data began on March 6, 2018 and will end on April 19, 2018. During this period, schools have the option to submit an incorrect data challenge, an uncorrected data adjustment (UDA), a loan servicing appeal (LSA), or a new data adjustment (NDA).

If you have any questions or concerns regarding CDR challenges and procedures, please contact us at FSA.Schools.Default.Management@ed.gov or by phone at 202-377-4259.

 

Thank you for your continued cooperation.