Official Cohort Default Rate

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, essentially within three years after entering repayment. The U.S. Department of Education releases official cohort default rates once per year.

Minot State University — Three‑Year Cohort Default Rates

Default Rate: 0%
Number in Default: 0
Number in Repayment: 567

Default Rate: 0%
Number in Default: 0
Number in Repayment: 601

Default Rate: 0%
Number in Default: 0
Number in Repayment: 613

National — Three‑Year Cohort Default Rates

Default Rate: 0%
Number in Default: 112
Number in Repayment: 3,529,089

Default Rate: 0%
Number in Default: 158
Number in Repayment: 3,687,390

Default Rate: 0%
Number in Default: 196
Number in Repayment: 3,801,310