Financial Partners Default Prevention CLEARINGHOUSE
In an effort to further the continued decline of our national CDR, the Financial Partners channel and, in particular, our Partner Services staff, is compiling best practices and creative ideas in default prevention. In partnership with you, schools and other members of the lending community, we hope to provide a one-stop forum for the sharing of new ideas and information.
Below you will find current presentations, documents, and links to relevant information.
This document details an FSA-sponsored event with schools and other members of the lending community. The Eastern and Northern Region Partner Services offices recently hosted a Default Aversion Conference. This conference provided a forum for guaranty agency, lender, and servicer attendees to share successful default aversion practices.
This information is taken from our Postsecondary Education Participants System (PEPS), as of January 9, 2003. It discloses how many reviews were conducted by ED and GA staff, and the deficiencies noted.
The publications available at this site include the Cohort Default Guide (FFEL and Direct Loan), the Cohort Guide for Guarantors and Lenders, Default Rates for Top 100 Current Holder Lenders, Default Rates for Top 100 Originating Lenders and the Federal Perkins Loan Program Default Status Report.
Collections is an integral part of the U.S. Department of Education's Federal Student Aid office. ED provides collections services to organizations holding student loans in default that are part of the FFEL and Direct Loan programs.
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What's Coming
FY06 Official Cohort Default Rates for Guaranty Agencies and Lenders
Archived News
