by our College Data Analytics TeamBelow is federal data on the loans students use to pay for American Institute - West Hartford, including completion-adjusted borrowing and a standard repayment estimate. All figures come from the U.S. Department of Education and IPEDS.
Among first-year students at American Institute - West Hartford, 100% of incoming students take out a loan to help cover first-year costs, averaging $7,107 per student, private and federal loans combined.
The average federally funded loan is $5,901. That is at or past the $5,500 federal first-year limit for the typical dependent freshman. Keep in mind the all-undergraduate averages further down count federal loans only, unlike this private-plus-federal freshman figure.
Counting every undergraduate at American Institute - West Hartford, 82% take out federal student loans, borrowing on average $6,678 in federal loans per year. This works out to 13.2% more than the first-year federal average of $5,901.
At a steady annual pace, that totals around $13,356 after two years and $26,712 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 | 82% |
| Average federal loan per year | $6,678 |
| Undergraduates with a federal loan | 513 |
| Total federal loans (one year) | $3,425,720 |
The middle borrower at American Institute - West Hartford owes $9,304 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $9,304 |
| Students who completed (graduates) | $11,979 |
| Students who withdrew | $5,490 |
The figure for students who withdrew is worth watching: debt without a completed credential is the hardest to repay.
Half of all borrowers fall between the 25th and 75th percentiles shown below for American Institute - West Hartford.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,750 |
| 25th percentile | $4,982 |
| 75th percentile | $11,206 |
| 90th percentile (highest-debt students) | $13,300 |
How wide this percentile range is tells you how much borrowing varies across students at American Institute - West Hartford.
PLUS loans — taken out by parents or graduate students — add to the total cost of attendance financed by debt at American Institute - West Hartford.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 237 | $6,383 |
| Completed (graduates) | 115 | $7,682 |
| Did not complete | 122 | $5,594 |
Completers face an estimated standard 10-year monthly payment on their PLUS-inclusive debt of roughly $91.35/mo.
Stafford loans are the federal direct-loan program most undergraduates use. The breakdown below separates borrowers who used Stafford loans from those who did not at American Institute - West Hartford.
Current-Year Stafford Borrowers
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 206 | $6,637 |
| No Stafford loan this year | 31 | $4,919 |
The indicators below describe what the typical debt costs to pay back at American Institute - West Hartford.
The default rate measures how many borrowers fall behind and ultimately fail to repay their federal loans. The federal two-year cohort default rate for American Institute - West Hartford follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 11.5% |
| Borrowers in the cohort | 759 |
This rate follows a borrower cohort from the start of repayment through the two-year window the Department of Education uses.
The breakdowns below show median federal debt by income, first-generation status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $9,500 |
| Middle income | $8,521 |
| High income | $9,022 |
First-Gen vs Continuing-Gen Borrowing
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,300 |
| Continuing-generation students | $9,500 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $8,483 |
| Independent students | $9,500 |
These pre-calculated indicators summarize the borrowing gaps between cohorts at American Institute - West Hartford.
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.