Common use of Accuracy Assessments Clause in Contracts

Accuracy Assessments. The disclosure of the corporate record disability data from VA’s database is 99 percent accurate. The VA compensation data is virtually 100 percent accurate at the time the data is created. NSLDS is a large repository of student grant and loan information. The data reported to NSLDS comes from multiple entities including other FSA systems, schools, guaranty agencies, and Federal loan servicers. Before data is loaded to NSLDS, it must go through a series of edit validations to ensure the data reported meets the published reporting requirements. For all NSLDS data providers who reported for both 2015 and 2016, the combined edit pass rate was 96.87 percent. The “passage” rates are based on the NSLDS 2016 Annual Data Quality Report, Version 1.0, dated May 17, 2017 published by NSLDS.

Accuracy Assessments. The disclosure of the corporate record disability data from VA’s database is 99 percent accurate. The VA compensation data is virtually 100 percent accurate at the time the data is created. NSLDS is a large repository of student grant and loan information. The data reported to NSLDS comes from multiple entities including other FSA systems, schools, guaranty agencies, and Federal federal loan servicers. Before data is loaded to NSLDS, it must go through a series of edit validations to ensure the data reported meets the published reporting requirements. For all NSLDS data providers who reported for both 2015 in 2018 and 20162019, the combined edit pass rate was 96.87 percent. The “passage” rates are based on the NSLDS 2016 Annual Data Quality Report, Version 1.0, dated May 17, 2017 published by NSLDS.was