Cohort Default Rate


A cohort default rate is the percentage of a school’s borrowers who enter repayment on certain Federal Family Education Loan (FFEL) Program or William D. Ford Federal Direct Loan (Direct Loan) Program loans during a particular federal fiscal year (FY), October 1 to September 30, and default or meet other specified conditions prior to the end of the next fiscal year. This is compared to the national rate.

North Central Missouri College

FY 2016 3yr Draft Cohort Default Rate: 14.3%
FY 2015 3yr Official Cohort Default Rate: 13.8%
FY 2014 3yr Official Cohort Default Rate: 16.3%
FY 2013 3yr Official Cohort Default Rate: 15.4%
FY 2012 3yr Official Cohort Default Rate: 18.7%

National

FY 2015 3yr Cohort Default Rate: 10.8%
FY 2014 3yr Cohort Default Rate: 11.5%
FY 2013 3yr Cohort Default Rate: 11.3%
FY 2012 3yr Cohort Default Rate: 11.8%

Please refer to the Cohort Default Rate Guide for a more in-depth description of cohort default rates and how the rates are calculated.

View the Cohort Default Rate Guide