Direct Loan Cohort Default Rates
The U.S. Department of Education publishes cohort default rates based on the percentage of a school’s borrowers who enter repayment on Direct Loan Program loans during a federal fiscal year (October 1–September 30) and default before the end of the second following fiscal year.
TCU’s cohort default rate for loans that entered repayment in fiscal year 2019 was 1.5%. TCU’s cohort default rate for loans that entered repayment in fiscal year 2018 was 2.7%. TCU’s cohort default rate for loans that entered repayment in fiscal year 2017 was 3.4%.