If you don't pay back a loan according to the terms in your promissory note, you may be in default. Default occurs when you fail to make a payment on your loan when due or fail to comply with other terms of your promissory note. If you default on any federal student loan, the federal government may take some serious actions against you.
| FY Being Reported | # Entering Repayment | # In Default | Default Rate |
|---|---|---|---|
| 2018 | 943 | 56 | 5.9% |
| 2017 | 1043 | 78 | 7.4% |
| 2016 | 1035 | 94 | 9.0% |
| 2015 | 1050 | 93 | 8.8% |
| 2014 | 1129 | 123 | 10.7% |
| 2013 | 1032 | 98 | 9.4% |
| 2012 | 925 | 123 | 13.2% |
| 2011 | 801 | 162 | 20.2% |
| 2010 | 688 | 138 | 20.0% |
| 2009 | 628 | 91 | 14.4% |
| FY Being Reported | # Entering Repayment | # In Default | Default Rate |
|---|---|---|---|
| 2011 | 798 | 140 | 17.5% |
| 2010 | 690 | 82 | 11.8% |
| 2009 | 631 | 64 | 10.1% |
| 2008 | 557 | 54 | 9.6% |
| 2007 | 691 | 54 | 7.8% |
Indiana University East
2325 Chester Blvd