Title IV Loan Default Rates

Default rates for all academic programs

FY 2015 FY 2014 FY 2013 FY 2012 FY 2011
Enrollment
1066 1060 1131 1150 1032
No. in default
5 3 8 3 8
Default Rate
1.7% 1.2% 3.0%  1.0% 2.8%
No. in Repay
284 232 260  278 277
Repay Percentage
26.6% 21.8% 22.9%  24.1% 26.83%

The U.S. Department of Education releases official cohort default rates once per year. For FY 2015, the 3-year national cohort default rate is 10.8%.