Title IV Loan Default Rates
Default rates for all academic programs
| FY 2020 | FY 2019 | |||
|---|---|---|---|---|
No. in default |
0 | 1 | ||
Default Rate |
0.0% | 0.3% | ||
No. in Repay |
0 | 321 |
The U.S. Department of Education releases official cohort default rates once per year. For FY 2020, the 3-year national cohort default rate is 0.0%. The FY2020 cohort default rates were significantly impacted by the pause on federal student loan payments that began March 13, 2020. During the pause, borrowers with ED-held student loans were not required to make any payments, and no borrowers with ED-held loans entered default.