Rates

Academic Year Default Rate Percentage
FY 1998-2001 0.0%
FY 2002 0.4%
FY 2003 0.0%
FY 2004 1.3%
FY 2005 0.9%
FY 2006 0.8%
FY 2007 3.5%
FY 2008 3.1%
FY 2009 2.9%
FY 2010 6.3% (3 Year Cohort Default Rate)
FY 2011 4.2% (3 Year Cohort Default Rate)
FY 2012 4.2% (3 year Cohort Default Rate)
FY 2013 7.3% (3 year Cohort Default Rate)