by our College Data Analytics TeamHere you will find what students actually borrow to attend Finger Lakes Health College of Nursing & Health Sciences: median debt, the percentile spread, total borrowing including PLUS loans, and the cost to repay. All figures come from the U.S. Department of Education and IPEDS.
Across the full undergraduate body at Finger Lakes Health College of Nursing (freshmen included), 100% finance part of their studies with federal loans, borrowing on average $7,630 each per year.
Repeating that yearly amount projects to about $15,260 over two years and about $30,520 by the fourth year. These figures assume identical federal borrowing each year and omit private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 100% |
| Average federal loan per year | $7,630 |
| Undergraduates with a federal loan | 65 |
| Total federal loans (one year) | $495,964 |
The median student at Finger Lakes Health College of Nursing borrows $8,250 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $8,250 |
| Students who completed (graduates) | $12,975 |
| Students who withdrew | $6,676 |
The figure for students who withdrew is worth watching: debt without a completed credential is the hardest to repay.
Looking only at the median is misleading — these four percentiles describe the full debt distribution for borrowers at Finger Lakes Health College of Nursing.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,609 |
| 25th percentile | $4,028 |
| 75th percentile | $12,000 |
| 90th percentile (highest-debt students) | $19,000 |
How wide this percentile range is tells you how much borrowing varies across students at Finger Lakes Health College of Nursing.
Median federal debt understates the full cost when PLUS loans are included. The totals below add PLUS borrowing for Finger Lakes Health College of Nursing.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 482 | $12,825 |
| Completed (graduates) | 61 | $10,778 |
| Did not complete | 421 | $13,370 |
On a standard 10-year plan, the median completing borrower would pay about $128.16/mo.
Federal data lets us separate Stafford borrowers from the rest at Finger Lakes Health College of Nursing.
Stafford This Year vs Not
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 226 | $8,989 |
| No Stafford loan this year | 256 | $20,053 |
Repayment burden translates the debt figures into what a borrower actually pays each month. Finger Lakes Health College of Nursing.
A loan default — failing to keep up with federal student-loan payments — is one of the worst financial outcomes a borrower can face. The federal two-year cohort default rate for Finger Lakes Health College of Nursing appears below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 10.8% |
| Borrowers in the cohort | 1620 |
This rate follows a borrower cohort from the start of repayment through the two-year window the Department of Education uses.
Borrowing varies by family income, by first-generation status, and by dependency status.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $9,000 |
| Middle income | $8,047 |
| High income | $6,277 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $8,250 |
| Continuing-generation students | $7,000 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,651 |
| Independent students | $9,500 |
Federal data publishes the following gap measures for Finger Lakes Health College of Nursing.
The Difference Between Subsidized and Unsubsidized Loans
With an unsubsidized loan, interest starts adding up the day the loan is disbursed, including during school. Subsidized loans, by contrast, do not accrue interest while you are enrolled at least half-time, which makes them the less expensive option when you qualify.
Did You Know?
Unlike most other debt, federal student loans generally survive bankruptcy — and unpaid balances can lead to wage garnishment — so borrow only what you truly need.
References
More about our data sources and methodologies.