VA benefits are available to veterans, their widowed spouses and the children of those who have lost their lives in service or who are totally disabled as a result thereof.
Prospective students should receive approval from an Educational Services Officer (ESO) or counselor within the Military Service prior to enrolling. Those eligible should contact the nearest Veterans Administration Regional Office well in advance of enrollment for assistance in securing benefits or visit U.S. Department of Veteran Affairs.
The Yellow Ribbon G.I. Education Enhancement Program is a provision of the Post 9/11 Veterans Educational Assistance Act of 2008. The program allows colleges and universities in the United States to voluntarily enter into an agreement with Department of Veterans Affairs (VA) to fund tuition expenses that exceed the highest public, in-state, undergraduate tuition rate. The university can contribute up to 50 percent of those expenses and VA will match the same amount as the institution.
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Questions?
Office of Administrative Services
Kim Maddox
Director of Financial Services
479-979-1201
Cohort Default Rate
A cohort default rate is defined by the U.S. Department of Education as “the percentage of a school’s borrowers who enter repayment on certain Federal Family Education Loan (FFEL) Program or William D. Ford Federal Direct Loan (Direct Loan) Program loans during a particular federal fiscal year (FY), October 1 to September 30, and default or meet other specified conditions prior to the end of the second following fiscal year.”
The U.S. Department of Education releases official cohort default rates once per year. Fiscal Year 2019 is the most recently released data published by the Department of Education on September 14, 2022. The University of the Ozarks’ cohort default rate is 3.8% and the national cohort default rate is 2.3%. The University of the Ozarks will update cohort default rate information on the university website when received from the U.S. Department of Education.
More information about cohort default rates can be found at the Department of Education’s Official Cohort Default Rate For Schools.
