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Award information is given by academic year (i.e., 2005 = Fall 2004 through Summer 2005).
a June 30, 1993, the Department of Education initiated a new default rate calculation for the Perkins Loan Program. The new default rate calculation, called the Cohort Default Rate, looks at borrowers’ entering repayment in a specific one-year period. As of June 30, 2004, the Cohort Default Rate for the Perkins Loan Program was 0.00% for award year 2002-2003.
b Principal and interest, investment income and late fees.
c As of June 30, 2005 overall default rates.
See larger image.

Legend of Award Abbreviations
NDSLP - National Direct Student Loan Program
HPSLP -Health Professions Student Loan Program
LDS - Loan for Disadvantaged Students
SLP - Student Loan Program
UG - Undergraduate
GSLP- Guaranteed Student Loan Program
GR - Graduate
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