Financial aid links that may help you in your search for financial aid information:

U.S. Department of Education:

• General Information - www.ed.gov
• Consumer Information - www.students.gov
• The Student Guide - www.studentaid.ed.gov
• Help completing the FASFA - www.studentaid.ed.gov/students/publications/completing_fafsa/index.html

Guarantors:

• Education Association Corporation
• Great Lakes Higher Education Corporation
• USA Group

Servicers:

• Great Lakes Higher Education Corporation
• Sallie Mae
• Student Loan Finance Corporation
• Student Loans of North Dakota

Lenders:

• Academic Funding Group
• Association of Chiropractic Colleges Loan Program (ACC)-EIC/Bank One Texas
• ASAP/Union Bank & Trust Company
• Bank of America
• Bremer Bank
• Citibank
• Educaid
• Student Loan Xpress
• TCF National Bank of Minnesota
• UNIPAC
• U.S. Bank
• Wells Fargo EFS

State of Minnesota:

• www.ohe.state.mn.us

Other Resources:

• FinaidFacts.org - www.finaidfacts.org/

COHORT DEFAULT RATE (CDR)

A cohort default rate (CDR) is the percentage of a school's student borrowers who enter repayment on Stafford Loans during a particular fiscal year and who default before the end of he next fiscal year.

The Department of Education (DOE) provides official cohort default rates to schools and also makes them available to the public. The DOE releases official cohort default rates for all schools that the Department's records indicate:

• Are eligible to participate in any of the Title IV Programs
• Have borrowers that entered repayment of FFELs or Direct Loans during the current or prior cohort years.

Northwestern Health Sciences University has three programs that are federally eligible to receive financial aid assistance: Northwestern College of Chiropractic, Minnesota College of Acupunture and Oriental Medicine and the School of Massage Therapy.

THE MOST RECENT COHORT DEFAULT RATE (2005) IS 0%. HISTORICALLY: click here.

Official cohort default rates are important because they may affect a school's eligibility to participate in the Title IV programs administered by the DOE.