by our College Data Analytics TeamHere you will find what students actually borrow to attend Brevard 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 Brevard College specifically, 74% of incoming undergraduates borrow in year one, averaging $7,192 per borrower, covering both private and federal loans.
The average federal loan is $5,260, or about 95.6% of the typical first-year dependent student borrowing cap of $5,500. Be aware: the undergraduate-wide averages below exclude private loans, while this freshman number includes them.
For undergraduates overall at Brevard College, 70% finance part of their studies with federal loans, with a mean of $6,305 per year. That amounts to 19.9% more than the freshman federal average of $5,260.
At a steady annual pace, that totals around $12,610 over two years and about $25,220 across a four-year program. This assumes steady federal borrowing and leaves out private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 70% |
| Average federal loan per year | $6,305 |
| Undergraduates with a federal loan | 528 |
| Total federal loans (one year) | $3,328,957 |
The median student at Brevard College borrows $11,250 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $11,250 |
| Students who completed (graduates) | $25,000 |
| Students who withdrew | $5,500 |
Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.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 Brevard College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,750 |
| 25th percentile | $5,500 |
| 75th percentile | $22,375 |
| 90th percentile (highest-debt students) | $29,250 |
How wide this percentile range is tells you how much borrowing varies across students at Brevard College.
The figures above count only the students own federal loans. Adding PLUS loans (borrowed by parents or graduate students) gives a fuller picture of total borrowing at Brevard College.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 181 | $18,984 |
| Completed (graduates) | 80 | $29,908 |
| Did not complete | 101 | $15,000 |
For students who completed, the median total debt including PLUS loans works out to a standard 10-year payment of about $355.64/mo.
Repayment burden translates the debt figures into what a borrower actually pays each month. Brevard College.
Defaulting means failing to repay a federal student loan, which carries serious credit consequences. The official Department of Education two-year default rate for Brevard College follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 6.7% |
| Borrowers in the cohort | 223 |
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 | $11,375 |
| Middle income | $12,000 |
| High income | $10,625 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $12,000 |
| Continuing-generation students | $9,500 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $11,125 |
| Independent students | $11,584 |
These pre-calculated indicators summarize the borrowing gaps between cohorts at Brevard College.
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.
Important to Remember
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.