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Source
Carl Gordon Office of Student Financial Aid
Award information is given by academic year (i.e., 2002 = Fall 2001 through
Summer 2002).
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, 1993, the Cohort Default Rate
for the Perkins Loan Program was 7.28%.
b Principal and interest, investment income and late fees.
c As of June 3, 2002.
Student Financial Aid Profile pdf file
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