Examples of Cohort Default Rate in a sentence
Permit the Cohort Default Rate for any School to exceed: (i) the maximum percentage permitted by the DOE for the applicable three consecutive cohort fiscal years in order for such school to participate in Title IV Programs or (ii) the maximum percentage permitted by the DOE for the applicable cohort fiscal year in order for such school to participate in Title IV Programs.
The Borrower will not permit any Active Subsidiary whose operating income for the most recently completed Fiscal Year equals or exceeds seven and one-half percent (7-1/2%) of the aggregate operating income of all Active Subsidiaries for the same fiscal period to have a Cohort Default Rate in excess of twenty-five percent (25%) per year for the two (2) previous years.
Data extracted from the School Cohort Default Rate History Report in NSLDS.
Permit the Cohort Default Rate for the School (i) with respect to any period prior to the release of official cohort default rates, to be equal to or greater than thirty percent (30%) for three consecutive federal fiscal years or (ii) to exceed forty percent (40%) for any single federal fiscal year.
FISCAL YEAR 2002 COHORT DEFAULT RATE During the third quarter of 2004, the Company was notified by the U.S. Department of Education that its Cohort Default Rate for fiscal year 2002 (the most recent annual period for which data is available) declined to 3.7% from 4.3% for the fiscal year 2001.