Federal Student Aid Publicly Releases FY 2023 Official Cohort Default Rates

Federal Student Aid (FSA) is publicly releasing the Fiscal Year 2023 (FY 2023) official cohort default rates today, September 30, 2026. These rates, distributed to eligible schools on September 28, 2026, are expected to be significantly affected by the pause on federal student loan payments that began in March 2020.