COHORT DEFAULT RATE (CDR)
A cohort default rate measures the percentage of certain federal student loan borrowers who enter repayment during a federal fiscal year and default within the applicable three-year reporting period.
| Official Cohort Default Rate | 果冻APP | National Average |
|---|---|---|
| FY2023 | 0.6% | 0.4% |
| FY2022 | 0.0% | 0.0% |
For FY2023, 果冻APP鈥檚 cohort default rate was 0.6%, compared to the national average of 0.4%.
For FY2022, 果冻APP鈥� cohort default rate was equal to the national average.
Federal Student Loan Borrowing
The following percentages reflect enrolled students who borrowed federal student loans during each term.
2021鈥�2022 Academic Year
| Term | Percentage of Enrolled Students Who Borrowed |
|---|---|
| Fall 2021 | 63% |
| Spring 2022 | 62% |
| Summer 2022 | 19% |
2022鈥�2023 Academic Year
| Term | Percentage of Enrolled Students Who Borrowed |
|---|---|
| Fall 2022 | 62% |
| Spring 2023 | 61% |
| Summer 2023 | 20% |
Source: Ellucian Banner institutional records. These figures include federal student loans and exclude private education loans. Each percentage is calculated separately for the indicated term; the percentages should not be added together. The default and borrowing figures describe institutional outcomes and do not predict an individual student鈥檚 repayment outcome.
Federal Student Loan Repayment Options
Before repayment begins, develop a plan that puts you on track to pay back your loan on time and in full. Students can find information on repayment options .听
Financial Aid Counselor Assistance
All students have access to a 果冻APP financial aid counselor for questions.听 A counselor can explain available financial aid, federal and private loan differences, and the option to decline or reduce borrowing.
To request assistance, email finaid@nicholls.edu or call 985-448-4048.
For current federal repayment and forgiveness information, visit or contact your federal loan servicer. For private loan terms and repayment options, contact your lender.