Official Cohort Default Rate Information
School 3-Year Default Rate FY 2020, 2019, and 2018
| Cohort Fiscal Year | Official Default Rate | Number of Borrowers in Default | Number of Borrowers in Repayment | Enrollment Figures | Percentage Calculation |
|---|---|---|---|---|---|
| 2020 | 0 | 0 | 225 | 3.519 | 6.29% |
| 2019 | 1.9 | 6 | 310 | 3.570 | 8.68% |
| 2018 | 11.9 | 41 | 344 | 3.722 | 9.24% |
ENROLLMENT NOTE: To provide context for the Cohort Default Rate (CDR) data, we include Enrollment Figures (students enrolled at any time during the year) and the corresponding Percentage Calculation (borrowers entering repayment divided by that enrollment figure). There is no direct relationship between the timing of when a borrower entered repayment and any particular enrollment year; we have chosen to use the academic year ending on the 30th of June before the beginning of the cohort year.
Cohort Default Rate (CDR) data is not displayed when Number of Borrowers in Repayment (number of borrowers entering repayment in cohort) includes 10 or few borrowers.
