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</o:shapelayout></xml><![endif]--></head><body lang=EN-US link=blue vlink=purple><div class=WordSection1><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Georgia","serif";color:#4F3E3F'>ED Updates Cohort Default Rate Guide<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Georgia","serif";color:#4F3E3F'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Georgia","serif";color:#4F3E3F'>On Nov. 22, ED <a href="http://ifap.ed.gov/eannouncements/112211CohortDefaultRateGuideUpdate.html">announced</a> an update to the Cohort Default Rate Guide used by schools and data administrators during data challenges and appeals in February following release of draft data and in September following release of the final cohort data. <o:p></o:p></span></p><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Georgia","serif";color:#4F3E3F'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Georgia","serif";color:#4F3E3F'>Please update your guide with the revised version available on the <a href="http://www.ifap.ed.gov/DefaultManagement/CDRGuideMaster.html">IFAP website</a>.<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Georgia","serif";color:#4F3E3F'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Georgia","serif";color:#4F3E3F'>If you have question or comments about the updated version, please contact the Operations Performance Division of ED at 202-377-4259 or <a href="mailto:fsa.schools.default.management@ed.gov">fsa.schools.default.management@ed.gov</a>.<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Georgia","serif";color:#4F3E3F'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Georgia","serif";color:#4F3E3F'><o:p> </o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto'><b><span style='font-size:12.0pt;font-family:"Georgia","serif";color:#4F3E3F'>Matt McCreary <br>Policy Analyst <o:p></o:p></span></b></p><p class=MsoNormal><b><span style='font-size:12.0pt;font-family:"Georgia","serif";color:#BD7B01'>Oklahoma College Assistance Program (OCAP)</span></b><b><span style='font-size:12.0pt;font-family:"Georgia","serif";color:#4CA9C5'> <br></span></b><span style='font-size:10.0pt;font-family:"Georgia","serif";color:#4CA9C5'>formerly known as Oklahoma Guaranteed Student Loan Program<o:p></o:p></span></p><p class=MsoNormal><i><span style='font-size:10.0pt;font-family:"Georgia","serif";color:#4CA9C5'>a division of the Oklahoma State Regents for Higher Education</span></i><i><span style='font-size:12.0pt;font-family:"Georgia","serif";color:#4CA9C5'> <o:p></o:p></span></i></p><p class=MsoNormal><span style='font-family:"Georgia","serif";color:green'><o:p> </o:p></span></p><p class=MsoNormal><b><span style='font-family:"Georgia","serif";color:#A7C766'>405-234-4296 - phone <br>405-234-4549 - fax <o:p></o:p></span></b></p><p class=MsoNormal><b><span style='font-family:"Georgia","serif";color:#A7C766'>800-522-8506 (TDD/TRS)<o:p></o:p></span></b></p><p class=MsoNormal><span style='font-family:"Georgia","serif";color:#4F3E3F'><o:p> </o:p></span></p><p class=MsoNormal style='text-autospace:none'><i><span style='font-size:9.0pt;font-family:"Georgia","serif";color:#4F3E3F'>Note: This communication and attachments, if any, are intended solely for the use of the addressee hereof. In addition, this information and attachments, if any, may contain information that is confidential, privileged and exempt from disclosure under applicable law including, but not limited to, the Privacy Act of 1974. If you are not the intended recipient of this information, you are prohibited from reading, disclosing, reproducing, distributing, disseminating, or otherwise using this information. If you have received this message in error, please promptly notify the sender and immediately delete this communication from your system.</span></i><i><span style='font-size:9.0pt;font-family:"Georgia","serif";color:#4F3E3F'><o:p></o:p></span></i></p><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Georgia","serif";color:#4F3E3F'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Georgia","serif";color:#4F3E3F'><o:p> </o:p></span></p></div></body></html>