UA Grantham Cohort Default Rate

The U.S. Department of Education publishes cohort default rates based on the percentage of a school’s federal student loan borrowers who enter repayment within the cohort fiscal year (denominator) and default (numerator) within the cohort default period. The cohort default period is the three-year period that begins on October 1st of the fiscal year when the borrower enters repayment and ends on September 30th of the following two fiscal years. Official three-year cohort default rates can be found on the College Navigator website.

University of Arkansas Grantham’s fiscal year 2019 3-year cohort default rate is 4.4%.

Between October 1, 2018, and September 30, 2019, 3,194 students entered repayment. Of those, 143 borrowers defaulted at some point between October 1, 2018, and September 30, 2021.

The national fiscal year 2019’s 3-year cohort default rate is 2.3%*

Please visit https://studentaid.gov/manage-loans/repayment for student loan repayment information.

*Due to the pause on repayment, the national cohort default rate for federal student loans that entered repayment in fiscal year 2019 dropped significantly, falling to 2.3% from 7.3% for loans that entered repayment in fiscal year 2018. Due to the pause in repayment the cohort default metric will less accurately reflect the financial well-being of borrowers for the next several years.