Cecil College's Cohort Default Rates (CDR) reflect the percentage of borrowers who enter repayment on federal student loans and default within three years. These figures are well below the national average, highlighting the college's commitment to supporting students in managing loan repayment successfully.
About Cohort Default Rates (CDR)
The CDR is calculated using actual payment records of the student borrower. A 3-year 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. Repayment begins 6 months after a student is no longer enrolled for at least 6 credit hours. Default occurs when a student is in repayment, but fails to make their payment for 270 days or more.
Most Recent Data
Data from the most recent years is provided below. The numbers below represent the 3-year cohort default rate.
| Cohort Fiscal Year | Default Rate |
|---|---|
| 2022 | 0% |
| 2021 | 0% |
| 2020 | 0% |