Our Cohort Calculator™ was simply designed for tracking the projected cohort rates for current and future years with the click of a mouse. The calculator icon is placed on your desktop and once clicked will provide our projected cohort default rate summary with information we have compiled from NSLDS, Direct Loans, FFEL servicers, Perkins loan servicers, College data, and the Guaranty Agencies.

The real-time calculated spreadsheet reflects current and projected rates that can be compared to prior years month-by-month. One of the features of this spreadsheet is the ability to drill-down and access detailed information specific to delinquent borrowers, defaulted borrowers, and borrowers in repayment. The drill down option on the spreadsheet is password protected. This is by far the simplest system when it comes to monitoring cohort default rates.

Stuent Services is our full service default management loan counseling program. This service provides:

Ø       Fully Staffed Call Center

Ø       Phone Campaigns - both manual and automated dialer calls;

Ø       Letter Campaigns - both automated and handwritten letters; including postage paid reply envelopes;

Ø       Exit Counseling – mailings and documentation;

Ø       Extensive Skip-Tracing     

Our clients can view every aspect of our default prevention process and efforts on-line using the LoanTracker™ default prevention software.

One of the key benefits of our default prevention software is that it was designed to use electronic information gathered from NSLDS, Direct Loans, FFEL servicers, Perkins loan servicers, and the Guaranty Agencies. We believe this is important because it is the same information the Department of Education uses to calculate the cohort default rates. This system was developed in 1993 by the president of the company to provide universities, colleges, and career schools the tools necessary to effectively manage every aspect of the cohort default rates for FFEL, Direct Loans, and Perkins Loans.

It is our belief that every college should track their projected cohort rates and default prevention activity. Our clients can view every aspect of the default prevention process on-line, including, detailed borrower information, detailed cohort rate summaries comparing the past, current, and the future years. The software has numerous reports in the following categories: Administrative, Deferment and Forbearance Tracking, Call Lists, Contact Activity, Delinquency, Exporting, Follow-Up, References, and Skip Tracing Reports.All of the reports can be presented by campus or consolidated.

The National Default Rate shows a decline from 5.1% to 4.6%.

Lenders & Guaranty Agencies
Official Cohort Default Rate Search for
Fiscal Years 2005, 2004, and 2003

Postsecondary Schools
Official Cohort Default Rate Search for
Fiscal Years 2005, 2004, and 2003