Disclosure of Institutional Cohort Default Rates

Charter Oak State College is pleased to provide the following information regarding our institution's cohort default rate for federal student loans.  A cohort default rate is the percentage of a school's borrowers who enter repayment on certain federal student loans during a particular federal fiscal year (October 1 to September 30) and default or meet other specified conditions prior to the end of the second following fiscal year. 

Every year the U.S. Department of Education calculates a default rate for post-secondary schools that participate in federal student aid programs.  Charter Oak has a low default rate and we are proud to share it with current and future students.

Cohort Default Rate

Cohort Default Rate
Fiscal YearNational RateCharter Oak State College

Federal Direct Loan Borrowing

Federal Direct Loan Borrowing
Award YearLoan DollarsStudent Borrowers (Unduplicated)

Data from Federal Student Aid as of April 11, 2022.