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Quality Assurance Program

Default Management

Through a series of activities, statements, questions and links to additional resources, this assessment is designed to assist your school in managing your cohort default rate and to help prevent your students from defaulting on federal student loans.

If you identify areas requiring a corrective action, we recommend that you complete an Action Plan.

Activity Bar:
Default Prevention & Management Activity 1: Early/Late Stage Delinquency
Default Prevention & Management Activity 2: Default Management Plan
Default Prevention & Management Activity 3: Defaulted Borrower Profile Templates

Additional Links: Cohort Default Rate Guide; Online Training Webinar, Default Aversion and Management – DCL ANN-14-02 and DCL ANN-14-23

Please note the regulatory citations are referenced in the first column of the assessment. To link to any of the regulatory references, click on the link in the regulatory link column and scroll down to the applicable section.

 

Default Management Regulatory Link(s) Activity
Definitions 34 CFR 668.182

34 CFR 668.14

34 CFR 668.182

34 CFR 668.201

34 CFR 668.202

34 CFR 668.203

34 CFR 668.204

34 CFR 668.205

34 CFR 668.206

34 CFR 668.208

34 CFR 668.209

34 CFR 668.210

34 CFR 668.211

34 CFR 668.212

34 CFR 668.213

34 CFR 668.214

34 CFR 668.215

34 CFR 668.216

34 CFR 668.217

Appendix A of Subpart N to 34 CFR 668

34 CFR 685.304

34 CFR 685.309

 
Calculating Cohort Default Rates 34 CFR 668.202:
  • CDR Calculation Average Rate Formula
  • CDR Challenges, Adjustments and Appeals (3 year Cohort Default Rates) 34 CFR 668.201; 34 CFR 668.202; 34 CFR 668.203; 34 CFR 668.204; 34 CFR 668.205; 34 CFR 668.208; 34 CFR 668.209; 34 CFR 668.210; 34 CFR 668.211; 34 CFR 668.212; 34 CFR 668.213; 34 CFR 668.214; 34 CFR 668.215; 34 CFR 668.216
 
Determining cohort default rates for institutions that have undergone a change in status 34 CFR 668.203  
Sanctions or Benefits Associated with Official Appeals  
Managing Cohort Default Rate Data  
Default Prevention (Federal Requirements) 34 CFR 668.14(b)(15); 34 CFR 685.304; 34 CFR 685.309

Default Prevention & Management Activity 1: Early/Late Stage Delinquency


Default Prevention & Management Activity 2: Default Management Plan


Default Prevention & Management Activity 3: Defaulted Borrower Profile Templates

Last Updated November 2014

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