Loan Reporting
All federal student loans obtained by a student or parent are reported to and tracked on the National Student Loan Data System (NSLDS). NSLDS is the U.S. Department of Education’s central record for student aid. Loan records are accessible to all authorized NSLDS users, including schools, student loan guaranty agencies, lenders, federal agencies, and other authorized users. Alternative and private education loan information is not reported to NSLDS.
Student and parent loan borrowers may view their federal loan information at www.studentaid.gov.
Cohort Default Rate
As stated by the Department of Education, “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 (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.”
Find APU’s cohort default rates using the Department of Education’s searchable database using the link at the default management page. Use APU’s OPEID (first six digits): 001061.