On September 23, 2019, the Department of Education (the Department) distributed the FY 2016 official cohort default rate (CDR) notification packages to all eligible domestic and foreign schools only. The rates will be publicly released on September 25, 2019. In this announcement, we provide information about our distribution of the official rates and the begin dates for appealing the official rates.
Distribution of FY 2016 Official Cohort Default Rates
For both eligible domestic and foreign schools enrolled in the Electronic Cohort Default Rate (eCDR) process, we sent FY 2016 Official Cohort Default Rate and accompanying documentation via the Student Aid Internet Gateway (SAIG). This information was sent to the SAIG mailbox tor the destination point administrator designated by the school. Each eCDR package contained the following information:
- Cover Letter (message class SHDRLROP)
- Reader-Friendly Loan Record Detail Report (message class SHCDRROP)
- Extract-Type Loan Record Detail Report (message class SHCDREOP)
- Comma Delimited-Type Loan Record Detail Report (message class CDRCSVOP)
We did not send eCDR notification packages to any school not enrolled in eCDR. These schools may download their cohort default rate and accompanying Loan Record Detail Reports from the National Student Loan Data System (NSLDS®) via the NSLDS Professional Access website.