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PublicationDate: 4/1/99
BulletinID: DLB - 99 - 20


April 1999

DLB 99-20


Subject: FY 1997 Draft Cohort Default Rate Data


Dear Colleague,

This bulletin follows up on the FY 1997 Draft Cohort Default Rate Data that the Department mailed to you on March 29, 1999.

FY 1997 Draft Cohort Default Rate Data was mailed to all schools on March 29, 1999. All schools, regardless of the school’s cohort default rate, should review the cohort default rate data to ensure its accuracy. If the school believes that any data is inaccurate, it must submit a draft data challenge as outlined in the FY 1997 Draft Cohort Default Rate Guide within 30 calendar days of receipt of the
school’s draft cohort default rate data. This is the only opportunity for most schools to ensure the accuracy of the school’s cohort default rate. If your school has any questions on how to submit a draft data challenge, contact the Default Management Division at 202-708-9396.

Thank you for your continued support of the Direct Loan Program.

Sincerely,


Margaret E. White
Acting Chair
Direct Loan Task Force

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