by our College Data Analytics TeamHere you will find what students actually borrow to attend Franciscan Missionaries of Our Lady University, including completion-adjusted borrowing and a standard repayment estimate. These figures are reported by the Department of Education and IPEDS.
Among first-year students at FranU, 48% of freshmen borrow to help pay for their first year, with a typical loan of $7,313 each, across private and federal loan sources.
The average federal loan is $5,092, amounting to 92.6% of the $5,500 federal limit that applies to a typical first-year dependent borrower. 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 FranU, freshmen included, 50% borrow through federal student loan programs, for a typical $8,386 in federal loans per year. This works out to 64.7% above the $5,092 typical freshmen borrow.
Repeating that yearly amount projects to about $16,772 across two years and $33,544 over a four-year span. This assumes steady federal borrowing and leaves out private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 50% |
| Average federal loan per year | $8,386 |
| Undergraduates with a federal loan | 420 |
| Total federal loans (one year) | $3,522,225 |
The middle borrower at FranU owes $16,669 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $16,669 |
| Students who completed (graduates) | $27,672 |
| Students who withdrew | $10,708 |
Debt carried by students who withdrew is a key risk signal — these borrowers owe money without having earned the credential.
The median hides the spread, so the percentiles below show cumulative federal debt at four points in the distribution for FranU.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,168 |
| 25th percentile | $7,500 |
| 75th percentile | $25,500 |
| 90th percentile (highest-debt students) | $38,000 |
The gap between the 10th and 90th percentile is the clearest single measure of how widely borrowing varies at FranU.
PLUS loans — taken out by parents or graduate students — add to the total cost of attendance financed by debt at FranU.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 115 | $15,915 |
| Completed (graduates) | 52 | $19,140 |
| Did not complete | 63 | $12,000 |
On a standard 10-year plan, the median completing borrower would pay about $227.59/mo.
Federal data lets us separate Stafford borrowers from the rest at FranU.
Stafford This Year vs Not
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 95 | $15,915 |
| No Stafford loan this year | 20 | $15,750 |
The indicators below describe what the typical debt costs to pay back at FranU.
Defaulting means failing to repay a federal student loan, which carries serious credit consequences. The federal two-year cohort default rate for FranU is shown below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 5.0% |
| Borrowers in the cohort | 713 |
The cohort default rate tracks borrowers who entered repayment in a given year and defaulted within the two-year measurement window.
The breakdowns below show median federal debt by income, first-generation status, and dependency.
Borrowing by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $17,420 |
| Middle income | $17,500 |
| High income | $15,000 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $17,100 |
| Continuing-generation students | $14,435 |
Dependent vs Independent Borrowers
| Cohort | Median federal debt |
|---|---|
| Dependent students | $14,814 |
| Independent students | $19,000 |
The Department of Education computes gap indicators that show how borrowing differs between student groups at FranU.
The Difference Between Subsidized and Unsubsidized Loans
Subsidized loans pause interest while you are in school; unsubsidized loans do not. That difference compounds over four years, so the type of loan you take matters as much as the amount.
Important to Remember
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.