DYK – FY2014 DRAFT CDRs Released

The U.S. Department of Education (ED) distributed the FY 2014 3-Year Draft Cohort Default Rates last Monday, February 27, 2017.  Under regulations published October 28, 2009, a school’s Cohort Default Rate (CDR) is calculated as the percentage of borrowers in...

DYK – Verification of Non-filing Tax Status

The U.S. Department of Education (ED) has updated its guidance related to acceptable documentation for verification of non-filing tax status. Per ED’s February 23, 2017, Electronic Announcement, there are four types of documents used for verification of tax filing...