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March 17, 2009

 

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More Lawmakers Question Student Loan Budget Proposal

  

President Signs 2009 Spending Bill With Student Aid Increases

 

Debt-Management Perspectives

  

USA Funds Offers Tools and Resources to Assist With Default Rate Appeals

 

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USA Funds-Sponsored Program Provides Laptops for Students

  

USA Funds University Offers Lender Boot Camp Webcast Series

  

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USA Funds Offers Tools and Resources to Assist With Default Rate Appeals

Ensuring the accuracy of your cohort default rate data is an important process. The USA Funds® Web site offers a variety of tools and reference materials to assist you:

  • Sample letters and spreadsheet templates that you can download and customize for various appeal types.
  • A list of common default rate appeals errors to avoid.
  • An outline of steps to take while reviewing data and, when necessary, issue an incorrect data challenge.
  • A time line for submitting default rate challenges. You will need Adobe Reader to access the document. The deadline for submitting appeals of draft 2007 cohort default rates is April 3.
  • The USA Funds Cohort Analysis ToolSM, which helps you identify borrower records that may need to be corrected.

If you have questions about cohort default rate appeals, please send an e-mail to USA Funds' policy staff.