by our College Data Analytics TeamHere you will find what students actually borrow to attend Eastern Florida State College, 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 EFSC, 14% of new students use loans toward freshman-year expenses, with a typical loan of $5,333 each, across private and federal loan sources.
On the federal side, the average loan is $4,886, which is 88.8% of the $5,500 federal limit that applies to a typical first-year dependent borrower. Be aware: the undergraduate-wide averages below exclude private loans, while this freshman number includes them.
Among all degree-seeking undergrads at EFSC, 20% rely on federal student loans toward their education, averaging $5,893 in federal loans per year. This is 20.6% more than the freshman federal average of $4,886.
Carrying that yearly figure forward comes to roughly $11,786 after two years and $23,572 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 | 20% |
| Average federal loan per year | $5,893 |
| Undergraduates with a federal loan | 2,069 |
| Total federal loans (one year) | $12,193,412 |
The middle borrower at EFSC owes $8,279 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $8,279 |
| Students who completed (graduates) | $12,250 |
| Students who withdrew | $6,261 |
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 EFSC.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,750 |
| 25th percentile | $3,375 |
| 75th percentile | $13,739 |
| 90th percentile (highest-debt students) | $24,025 |
The spread between the lowest- and highest-debt deciles summarizes how variable outcomes are at EFSC.
PLUS loans — taken out by parents or graduate students — add to the total cost of attendance financed by debt at EFSC.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 460 | $10,671 |
| Completed (graduates) | 173 | $9,400 |
| Did not complete | 287 | $11,405 |
Completers face an estimated standard 10-year monthly payment on their PLUS-inclusive debt of roughly $111.78/mo.
The split below distinguishes Stafford borrowers from non-Stafford borrowers at EFSC.
Borrowers With Any Stafford Loan
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Used a Stafford loan | 448 | — |
| No Stafford loan | 12 | — |
Stafford This Year vs Not
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 211 | $10,000 |
| No Stafford loan this year | 249 | $11,340 |
Repayment burden translates the debt figures into what a borrower actually pays each month. EFSC.
A loan default — failing to keep up with federal student-loan payments — is one of the worst financial outcomes a borrower can face. Two-year cohort default-rate data for EFSC follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 13.4% |
| Borrowers in the cohort | 2062 |
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 | $8,773 |
| Middle income | $7,686 |
| High income | $7,500 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $8,500 |
| Continuing-generation students | $7,500 |
Dependent vs Independent Borrowers
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,747 |
| Independent students | $10,500 |
Federal data publishes the following gap measures for EFSC.
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.
Did You Know?
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.