Federal Student Aid has announced the availability of the updated Cohort Default Rate Guide for Guaranty Agencies and Lenders.
The guide contains information about the publication of the Fiscal Year 2023 three-year cohort default rates for originating lenders, current holders, and guaranty agencies participating in the Federal Family Education Loan Program, as mandated by the Higher Education Act of 1965, as amended.
Questions or assistance with the guide can be obtained by contacting fsa.schools.default.management@ed.gov.
SOURCE: Cohort Default Rate Guide for Guaranty Agencies and Lenders (2026)