PHEAA Net Reject Rate Reports
Below you can access the PHEAA reports for the month indicated. These reports detail:
- Net Reject Rate (Principal) - The net reject rate is calculated by dividing the total principal of claims rejected (where 3-year cure rule expired in the current calendar year) into the total principal amount of claims filed during the calendar year preceding the 3-year cure period.
- Net Reject Rate (Number of Claims) - The net reject rate is calculated by dividing the number of claims rejected (where 3-year cure rule expired in the current calendar year) into the total number of claims filed during the calendar year preceding the 3-year cure period.
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