by our College Data Analytics TeamBelow is federal data on the loans students use to pay for Interactive College of Technology-Gainesville, including completion-adjusted borrowing and a standard repayment estimate. The data below is drawn directly from federal sources.
Among first-year students at Interactive College of Technology - Gainesville, 43% of first-year students take on loan debt, borrowing on average $8,165 each, across private and federal loan sources.
On the federal side, the average loan is $7,521. That is at or past the $5,500 federal first-year limit for the typical dependent freshman. Note that average undergraduate loan amounts shown later do not include private loans — so the full freshman figure above is not directly comparable.
Looking at all undergraduates at Interactive College of Technology - Gainesville, freshmen included, 34% rely on federal student loans toward their education, with a mean of $4,706 in federal loans per year. That amounts to 37.4% lower than the first-year federal average of $7,521.
At a steady annual pace, that totals around $9,412 after two years and $18,824 after four. The estimate holds federal borrowing constant and does not count private or Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 34% |
| Average federal loan per year | $4,706 |
| Undergraduates with a federal loan | 16 |
| Total federal loans (one year) | $75,290 |
Graduating and withdrawing students at Interactive College of Technology - Gainesville carry a median federal debt of $8,661 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $8,661 |
| Students who completed (graduates) | $10,555 |
| Students who withdrew | $6,501 |
Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.
The median hides the spread, so the percentiles below show cumulative federal debt at four points in the distribution for Interactive College of Technology - Gainesville.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,695 |
| 25th percentile | $3,361 |
| 75th percentile | $9,556 |
| 90th percentile (highest-debt students) | $12,039 |
How wide this percentile range is tells you how much borrowing varies across students at Interactive College of Technology - Gainesville.
PLUS loans — taken out by parents or graduate students — add to the total cost of attendance financed by debt at Interactive College of Technology - Gainesville.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 36 | $8,270 |
The split below distinguishes Stafford borrowers from non-Stafford borrowers at Interactive College of Technology - Gainesville.
Current-Year Stafford Borrowers
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 26 | — |
| No Stafford loan this year | 10 | — |
The indicators below describe what the typical debt costs to pay back at Interactive College of Technology - Gainesville.
Defaulting means failing to repay a federal student loan, which carries serious credit consequences. The official Department of Education two-year default rate for Interactive College of Technology - Gainesville appears below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 2.1% |
| Borrowers in the cohort | 274 |
This rate follows a borrower cohort from the start of repayment through the two-year window the Department of Education uses.
Median debt differs by income tier, first-generation status, and whether the student is financially dependent.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $8,532 |
First-Gen vs Continuing-Gen Borrowing
| Cohort | Median federal debt |
|---|---|
| First-generation students | $8,672 |
| Continuing-generation students | $8,353 |
Dependent vs Independent Borrowers
| Cohort | Median federal debt |
|---|---|
| Dependent students | $6,817 |
| Independent students | $9,015 |
Federal data publishes the following gap measures for Interactive College of Technology - Gainesville.
Subsidized and Unsubsidized Loans
Unsubsidized federal student loans accrue interest every month — even while you are still enrolled. Unless you pay that interest as it builds, the balance you owe at graduation can be noticeably higher than the amount you originally borrowed.
Did You Know?
Declaring bankruptcy does not erase federal student loan debt. If you stop paying, the federal government can garnish a portion of your wages until the loans are repaid.
References
More about our data sources and methodologies.