Q.: When will fiscal year (FY) 2008 cohort default rates (CDRs) be available?
A: ED announced release dates for CDR information in the December 28, 2009, Technical Update GA-2009-05, which was revised January 6, 2010.
For both the Federal Family Education Loan Program (FFELP) and the William D. Ford Federal Direct Loan Program (FDLP), ED will calculate draft FY 2008 CDRs on January 2, 2010, and release them on February 8, 2010.
ED will calculate official FY 2008 FFELP and FDLP CDRs on July 31, 2010, and release them on September 13, 2010.
Do you have a question?
Feel free to Ask TG™. Ask TG, TG's online query tool for borrowers, schools, and lenders, offers a database of frequently asked questions about financial aid, student loan processing, and TG's products and services. To submit a question, visit tgslc.custhelp.com.