2016_SUNY_Optometry_PRR

Attachment 2: Data Summary and Detail Tables - Optometry Trends in Student Default Rates and Financial Literacy

TABLE 16

2009

2010

2011 Plan 2015 Plan 2018 Plan 2020

Campus Student Default Rates 1

Default Rate - 2YR Default Rate - 3YR

0.0% 1.4% 0.0%

0.0% 1.4% 0.0% 1.1% 1.1% 1.1%

Sector

Default Rate - 3YR 2

4.7% 5.4%

-

-

-

-

State-Operated Campuses

Default Rate - 3YR 2

-

-

-

7.4% 7.9% 7.0%

Default Rate - 3YR 2 Community Colleges

-

-

-

17.9% 19.7% 17.4%

National Student Default Rates 1 2-Year Public

Default Rate - 2YR Default Rate - 3YR 2

18.3% 20.9%

-

- -

- -

- -

-

-

20.6%

4-Year Public

Default Rate - 2YR Default Rate - 3YR

7.9% 9.3%

-

- -

- -

- -

-

-

8.9%

Plan 2014-15

Plan 2018-19

Plan 2020-21

2012-13 2013-14

SUNY Smart Track Financial Literacy

Award Letter

X

X

X X X

X X X

X X X

Financial Literacy Website

Student Engagement (i.e. early alert)

Source: SUNY Office of Financial Aid

2 The federal cohort default rate calculation beginning for the 2009 cohort year increases the numerator to include an additional year of students in default. Beginning in 2012, only the 3 year rate will be calculated. 1 Cohort Default Rates are calculated on a 10/1 – 9/30 cohort year. The 2011 3YR rate for the 2011 cohort/repayment denominator of 10/1/2010 to 9/30/2011 and a default numerator of 10/1/2010 to 09/30/2013.

Campus Notes:

The 3-year default rate for FY 2011-12 was also 0%

State University of New York System Administration