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Default Rates
Cohort Default Rates
Cottey College is pleased to provide information regarding cohort default rates for Federal Direct
Stafford Loans. This information is provided in compliance with the Higher Education Opportunity Act
initially passed in 1965 and reauthorized in 2008. A 3-year cohort default rate is the percentage of a
school’s borrowers who enter repayment on certain 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
second following fiscal year.
Questions related to this information should be directed to the Director of Financial Aid at (417) 667-
8181, ext. 2192.
Cohort Data
| Fiscal Year | Total # of Borrowers Entering Repayment | Number of Borrowers in Default | Default Rate | National Default Rate |
| 2021 | 79 | 0 | N/A | N/A |
| 2020 | 88 | 0 | 0 | 0 |
| 2019 | 90 | 2 | 2.2% | 2.3% |
| 2018 | 103 | 7 | 6.7% | 7.3% |
| 2017 | 117 | 10 | 8.5% | 9.7% |
| 2016 | 123 | 11 | 8.9% | 10.1% |
| 2015 | 131 | 5 | 3.8% | 10.8% |
| 2014 | 132 | 13 | 9.8% | 11.5% |
| 2013 | 124 | 10 | 8.0% | 11.3% |
| 2012 | 128 | 10 | 7.8% | 11.8% |