THE OFFICE OF FINANCIAL ASSISTANCE
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Default Prevention

 

Seria Fields, Default Prevention Specialist

(Focuses on students loan repayment and resolving loan default)

Ms. Fields can be contacted at (314) 340-3507 or via email at fieldss@hssu.edu

 

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 second following fiscal year. Please refer to the Cohort Default Rate Guide for a more in-depth description of cohort default rates and how the rates are calculated. The U.S. Department of Education releases official cohort default rates once per year.

 

 

 

2 Year

3 Year

Fiscal Year

Cohort Default Rate

Cohort

Default

Rate

2009

16.2%

26.5%

2010

21.4%

27.9%

2011

18.9%

29.6%

2012

N/A

25.6%

2013

N/A

27.7%

2014

N/A

23.2 %

2015

N/A

21.7%


 

To review your federal student loan history, you may visit www.studentloans.gov We strongly encourage you to review your loan transcription to become familiar with your student loan servicer. 

 

DEFAULT FEDERAL LOANS REQUIRE IMMEDIATE ATTENTION!! YOU MAY QUALIFY FOR ONE OF THE OPTIONS BELOW:

 

  • Loan Rehabilitation 
  • Federal Consolidation 

 

 

HAVING TROUBLE WITH REPAYING STUDENT LOANS? YOU MAY QUALIFY FOR ONE OF THE OPTIONS BELOW:

 

  • Loan Repayment
  • Deferment
  • Forbearance

 

 

 

FEDERAL STUDENT LOAN SERVER(S)

 

Nelnet

 

www.nelnet.com

 

1-888-486-4722

 

Great Lakes Educational Loan Services, Inc.

 

www.mygreatlakes.org

 

1-800-236-4300

 

Navient

 

www.navient.com

 

1-800-722-1300

 

FedLoan Servicing (PHEAA)

 

www.myfedloan.org

 

1-800-699-2908

 

MOHELA

 

www.mohela.com

 

1-888-866-4352

 

HESC/EdFinancial

 

www.edfinancial.com/DL

 

1-855-337-6884

 

CornerStone

 

www.MyCornerStoneLoan.org

 

1-800-663-1662

 

Granite State - GSMR

 

www.gsmr.org

 

1-888-556-0022

 

OSLA Servicing

 

www.osla.org

 

1-866-264-9762

 

Debt Management and Collections System

 

www.myeddebt.ed.gov

 

1-800-621-3115

 

 



 

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