Default - Missed Payment Aging
Loan/Receivables are aged from the "date of last payment" rather than from date last current.Non-Federal
Default Rate is calculated using the following formula: Delinq Prin
Due /(Total PrincAdvanced - Enrolled & In Grace & Postponed & Deferred & Closed
& PIF) Provides status/age categories in either summary or detail and consolidated by selected
funds.
Field |
Descriptions |
Campus |
Make selection from the drop down. |
Fund | Make selection from the drop down |
Sub-name | Make selection from drop down |
Exclude House Accounts (Admin Fees) | Put a check in the box provided to Exclude House Accounts (Admin. Fees) |
Aged Date |
Enter date in the space provided. mm/dd/yyyy |
Format |
Summary or Detail, make selection from the drop down. |
Default-Missed Payment 'Summary' Sample Report
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