The U.S. Department of Education requires universities to provide their students access to certain information to which they are entitled as consumers. In accordance with that requirement, the following information is provided.
Financial Aid for Study Abroad
Enrollment in a program of study abroad approved for credit by RSU may be considered enrollment at RSU for the purpose of applying for Title IV federal student aid.
National Student Loan Data System (NSLDS)
Information relating to federal student and parent loan borrowers will be submitted by RSU to the National Student Loan Data System (NSLDS) and will be accessible by guaranty agencies, lenders and institutions determined to be authorized users of the data system.
Student Loan Default Rates
A 3-year 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. The U.S. Department of Education releases official cohort default rates once per year.
- The most recent average national cohort default rate for FY 2015 is 10.8%
- The cohort default rate for RSU for that same period is 12.1%
- Forty percent of students borrowed loans during that period
Additional information about RSU’s most recent 3-year cohort default rate is available from the U.S. Department of Education at the College Navigator site listing for Rogers State University.