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Student Loan Default Rates
(Updated May 17, 2010)
Each year, the Ontario Ministry of Training, Colleges and Universities calculates the default rate for Ontario Student Loans. The 2008 default rates presented in the figures below reflect the repayment status of students (both undergraduate and graduate) who were issued student loans in the 2005-2006 academic year, completed or exited their studies in 2006-20067 and who have since defaulted on their Ontario Student Loan obligations.
The average Ontario Student Loan default rate at Queen’s is 2.2%, compared with a provincial average rate of 3.9%. The number of students who default represents about 1% of the entire Queen’s student population. Six Queen’s programs had default rates of 0% and are shown with a (1) in the figure below. The number of Ontario Student Loans issued for Theology was less than five; therefore, default information has not been shown.
Contact the Ontario Student Assistance Program and the Office of the University Registrar to obtain information about student financial support for Queen’s students.
Note: Contact us at OIRP@queensu.ca if you require the student loan default rates in accessible format.
