by our College Data Analytics TeamBelow is federal data on the loans students use to pay for Cortiva Institute, Florida: median debt, the percentile spread, total borrowing including PLUS loans, and the cost to repay. The data below is drawn directly from federal sources.
For incoming students at Cortiva Institute, Florida, 25% of new students use loans toward freshman-year expenses, for an average of $5,415 per student, private and federal loans combined.
The average federal loan is $5,415, amounting to 98.5% of the $5,500 cap on first-year federal borrowing for the typical dependent student. Remember the all-undergraduate figures below leave out private loans, so they will look lower than this private-plus-federal freshman amount.
Across the full undergraduate body at Cortiva Institute, Florida (freshmen included), 50% finance part of their studies with federal loans, borrowing on average $5,743 each per year. This works out to 6.1% above the freshman federal average of $5,415.
Borrowing the same amount each year would add up to roughly $11,486 in two years and roughly $22,972 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 | 50% |
| Average federal loan per year | $5,743 |
| Undergraduates with a federal loan | 110 |
| Total federal loans (one year) | $631,764 |
The middle borrower at Cortiva Institute, Florida owes $7,485 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $7,485 |
| Students who completed (graduates) | $7,521 |
| Students who withdrew | $3,860 |
Debt carried by students who withdrew is a key risk signal — these borrowers owe money without having earned the credential.
Half of all borrowers fall between the 25th and 75th percentiles shown below for Cortiva Institute, Florida.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,000 |
| 25th percentile | $4,584 |
| 75th percentile | $7,917 |
| 90th percentile (highest-debt students) | $8,607 |
How wide this percentile range is tells you how much borrowing varies across students at Cortiva Institute, Florida.
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 Cortiva Institute, Florida.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 49 | $5,195 |
These figures turn the debt totals into a monthly repayment picture for Cortiva Institute, Florida.
The default rate measures how many borrowers fall behind and ultimately fail to repay their federal loans. Two-year cohort default-rate data for Cortiva Institute, Florida follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 6.7% |
| Borrowers in the cohort | 177 |
A lower default rate generally signals that graduates earn enough to manage their loan payments.
Borrowing varies by family income, by first-generation status, and by dependency status.
Borrowing by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $7,521 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $7,520 |
| Continuing-generation students | $7,318 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $4,446 |
| Independent students | $7,521 |
These pre-calculated indicators summarize the borrowing gaps between cohorts at Cortiva Institute, Florida.
The Difference Between 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.
Important to Remember
Federal student loans are not discharged in bankruptcy in all but the rarest cases, and the government can withhold part of your income or tax refund if you default.
References
More about our data sources and methodologies.