Consumer Information
The Student Consumer Information Regulations of the United States Department of Education require all colleges and universities to provide their students access to certain information to which they are entitled to as consumers. The information that a school must provide about financial aid and its campus, facilities, student athletes, and gainful employment programs as well as information to promote campus security and fire safety and prevent drug and alcohol abuse, as required under HEA Sec. 485(f) and 34 CFR 668.41–49.
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. NDSU’s 3-year cohort default rate, along with the national average, is below based on data available 10/4/2023.
Year |
2018 |
2019 |
2020 |
---|---|---|---|
National Average |
7.3% |
2.3% |
0.0% |
NDSU |
2.6% |
1.1% |
0.0% |