by our College Data Analytics TeamBelow is federal data on the loans students use to pay for Aiken Technical College— how much they borrow, how that debt is spread across the student body, and what it costs to pay back. The data below is drawn directly from federal sources.
At Aiken Technical College, 8% of freshmen borrow to help pay for their first year, for an average of $7,095 each, across private and federal loan sources.
Federal loans alone average $7,095. This reaches or tops the $5,500 first-year federal borrowing cap for a typical dependent student. Be aware: the undergraduate-wide averages below exclude private loans, while this freshman number includes them.
Among all degree-seeking undergrads at Aiken Technical College, 15% take out federal student loans, for a typical $6,331 per year. That amounts to 10.8% below the first-year federal average of $7,095.
Repeating that yearly amount projects to about $12,662 over two years and about $25,324 over four years. These projections assume the same federal borrowing each year and exclude private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 15% |
| Average federal loan per year | $6,331 |
| Undergraduates with a federal loan | 283 |
| Total federal loans (one year) | $1,791,584 |
Graduating and withdrawing students at Aiken Technical College carry a median federal debt of $7,110 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $7,110 |
| Students who completed (graduates) | $12,250 |
| Students who withdrew | $5,500 |
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 Aiken Technical College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,750 |
| 25th percentile | $2,750 |
| 75th percentile | $9,636 |
| 90th percentile (highest-debt students) | $16,467 |
The spread between the lowest- and highest-debt deciles summarizes how variable outcomes are at Aiken Technical College.
Median federal debt understates the full cost when PLUS loans are included. The totals below add PLUS borrowing for Aiken Technical College.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 140 | $11,000 |
| Completed (graduates) | 27 | $10,000 |
| Did not complete | 113 | $11,155 |
Completers face an estimated standard 10-year monthly payment on their PLUS-inclusive debt of roughly $118.91/mo.
The split below distinguishes Stafford borrowers from non-Stafford borrowers at Aiken Technical College.
Stafford This Year vs Not
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 43 | $7,500 |
| No Stafford loan this year | 97 | $12,062 |
The indicators below describe what the typical debt costs to pay back at Aiken Technical College.
A loan default — failing to keep up with federal student-loan payments — is one of the worst financial outcomes a borrower can face. The official Department of Education two-year default rate for Aiken Technical College is shown below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 0% |
| Borrowers in the cohort | 0 |
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 | $7,958 |
| Middle income | $7,688 |
| High income | $5,500 |
First-Gen vs Continuing-Gen Borrowing
| Cohort | Median federal debt |
|---|---|
| First-generation students | $7,569 |
| Continuing-generation students | $5,500 |
Dependent vs Independent Borrowers
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $9,500 |
The Department of Education computes gap indicators that show how borrowing differs between student groups at Aiken Technical College.
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.
Worth Knowing
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.