Skip to Content Bruce Rauner, Governor, State of Illinois

Default Aversion Assistance

Helping students honor their Federal Family Education Loan Program (FFELP) student loan obligation(s) has always been a primary concern of the Illinois Student Assistance Commission (ISAC). To aid colleges in contacting borrowers to counsel them on the importance of repaying their loans, ISAC provides the Notification of Student Borrower DAAR Status Report, more commonly known as School DAAR Reports, through My Zone.  The School DAAR Report is non-cumulative and is available twice a month to those colleges with students for whom ISAC, as the guarantor, has received a Default Aversion Assistance Request (DAAR) during the reporting time period.  DAAR’s are filed by lenders for accounts that are 60-120 days delinquent.

New School DAAR Reports are posted at My Zone on the first business day on or after the 3rd and 18th of each month.  Colleges are encouraged to regularly check My Zone for new reports, based on this schedule. The School DAAR report can be used as a cohort default rate reduction tool and provides the school information to assist in contacting students to encourage them to work with their lenders to keep their loans current. It also provides contact information for the corresponding lender/servicer.

The Financial Aid History Report, available through the National Student Loan Data System, provides a comprehensive list of loans from all schools, guaranty agencies and the U.S. Department of Education (ED). This report can also be used by the school as part of the exit counseling process.