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The U.S. Department of Education releases official cohort default rate one per year.
As defined by the U.S. Department, 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 Program loans during a particular federal fiscal year, October 1 to September 30, and default or meet other specified conditions prior to the end of the second following fiscal year.”
The most recent date was published by the Department of Education on October 4, 2023.
Gannon University Cohort Default Rate is 1.0%, which is lower than the National Cohort Default Rate of 2.3%.
Please refer to the following page for the official cohort default rates for schools:
