Default Sanctions* (3-year rates) Default Prevention Plans 1 st year CDR is equal to or greater than 30%: Establish a default prevention task force; a
{"Image DocumentName": "Default Sanctions  (3-year rates)", "Image ImageDescription": "Default Prevention Plans. 1st year CDR is equal to or greater than 30%: Establish a default prevention task force; and. Develop and submit a default prevention plan to ED. 2 consecutive CDRs equal to or greater than 30%: Revise and submit default prevention plan. ED may require specific adjustments/actions. 3 consecutive CDRs equal to or greater than 30%: Lose Direct Loan AND Pell Grant eligibility. FY2011 or later CDR above 40% lose DL eligibility.  ability to appeal/challenge rates.", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}