Default Rate
United States Sports Academy Students Have Low Default Rate on Federal Student Loans
The United States Sports Academy’s federal student loan default rate is well below the national average, according to the latest U.S. Department of Education statistics. The current national average default rate for all federal student loans that went into repayment in 2017 is 9.7 percent, while the comparable data for Academy students is 5.8 percent, according to federal data released in September 2020.
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 | 3.5% |
FY 2011 | 3.8% |
FY 2012 | 4.2% – 3 year cohort default rate |
FY 2013 | 7.3% – 3 year cohort default rate |
FY 2014 | 6.4% – 3 year cohort default rate |
FY 2015 | 7.8% – 3 year cohort default rate |
FY 2016 | 6.1% – 3 year cohort default rate |
FY 2017 | 5.8% – 3 year cohort default rate |
FY 2018 | 3.8% – 3 year cohort default rate |
FY 2019 | 2.0% – 3 year cohort default rate |
FY 2020 | 0.0% – 3 year cohort default rate |