Learn the Ins and Outs of Cohort Default Rates With This Online Course
Does the recent release of draft 2011 three-year cohort default rates have you looking for more information about CDRs and their impact?
In addition to schools, default affects current and future students, lenders, guarantors and, ultimately, taxpayers. A low cohort default rate is an indicator that a school prepares its students to successfully manage student loan repayment. Regulations reward schools with low CDRs, while those same regulations impose sanctions on schools with consistently or exceptionally high CDRs.
Recently updated with 2014-2015  information, the USA Funds® University online course “Understanding the Cohort Default Rate 2014-2015 Award Year” provides information on how to calculate a school’s CDR and understand the implications of that rate.


The course offers information to help you:
  • Understand what the CDR is.
  • Calculate the CDR.
  • Identify the benefits of a low CDR.
  • Identify the consequences of a high CDR.
  • Create your own default prevention plan.
This intermediate-level course is intended for financial aid professionals who have a basic understanding of financial aid.
“Understanding the Cohort Default Rate” is one of the nearly 40 online financial aid courses in USA Funds University’s online financial aid training — available 24 hours a day, seven days a week. Knowledgeable trainers with extensive financial aid experience develop the interactive courses, available at no cost to schools. You typically can complete the courses in 30-45 minutes.
For more information about all of the USA Funds University courses, select the Courses tab at www.usafundstraining.org. New users must complete a simple, one-time registration process.