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Can you clarify the 4-year and 5-year cohort graduation rates?

Iowa continues to report 4-year and 5-year cohort graduation rates to reflect the work districts and schools put forth in helping all students earn diplomas.  Iowa has adopted 4-year and 5-year cohort graduation rate methodology in accordance with federal requirement 34 CFR 200.19(b)(1)(i).  This methodology is also known as the Title I graduation rate.  The 4-year cohort graduation rate is calculated for the class of 2011 by dividing the number of students in the cohort (denominator) who graduate with a regular high school diploma in four years or less (by the 2010-2011 school year) by the number of first-time 9th graders enrolled in the fall of 2007 minus the number of students who transferred out plus the total number of students who transferred in.

The 5-year cohort graduation rate is calculated using a similar methodology as the four-year cohort rate.  This rate is calculated by dividing the number of students in the cohort (denominator) who graduate with a regular high school diploma in five years or less (by the 2010-2011 school year) by the number of first-time 9th graders enrolled in the fall of 2006 minus the number of students who transferred out plus the total number of students who transferred in.