Positively Affecting Repayment

At American Student Assistance® (ASA), we measure our success as a nonprofit, public purpose organization by our impact on borrowers.

Based on where borrowers are in the life of their loans, ASA® customizes its outreach initiatives. This approach positively affects their repayment.

National data reinforce our success:

  • Reinsurance trigger rates represent the number of loans that default in a fiscal year as a percentage of the number of loans in repayment in that same fiscal year. ASA’s is consistently below the national average.
  • Cohort default rates (CDRs) measure students who default within 2 years of entering repayment.* ASA maintains one of the lowest rates and has helped schools lower their CDRs.

*The 2008 Reauthorization of the Higher Education and Opportunity Act changed the CDR definition. Beginning in 2011, CDR will measure the percentage of borrowers who default within the first 3 years of entering repayment.