by our College Data Analytics TeamBelow is federal data on the loans students use to pay for Emmanuel University, including completion-adjusted borrowing and a standard repayment estimate. These figures are reported by the Department of Education and IPEDS.
At Emmanuel College, 53% of new students use loans toward freshman-year expenses, at roughly $6,559 each — a figure that counts both private and federal student loans.
Federal loans alone average $5,411, representing 98.4% of the $5,500 first-year federal borrowing limit for a typical dependent freshman. Note that average undergraduate loan amounts shown later do not include private loans — so the full freshman figure above is not directly comparable.
Among all degree-seeking undergrads at Emmanuel College, 50% rely on federal student loans toward their education, with a mean of $6,245 annually. It comes to 15.4% more than the $5,411 borrowed by freshmen.
Repeating that yearly amount projects to about $12,490 after two years and $24,980 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 | 50% |
| Average federal loan per year | $6,245 |
| Undergraduates with a federal loan | 360 |
| Total federal loans (one year) | $2,248,261 |
The middle borrower at Emmanuel College owes $12,000 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $12,000 |
| Students who completed (graduates) | $24,325 |
| Students who withdrew | $8,750 |
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 Emmanuel College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,750 |
| 25th percentile | $5,500 |
| 75th percentile | $25,300 |
| 90th percentile (highest-debt students) | $35,241 |
The gap between the 10th and 90th percentile is the clearest single measure of how widely borrowing varies at Emmanuel College.
PLUS loans — taken out by parents or graduate students — add to the total cost of attendance financed by debt at Emmanuel College.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 219 | $18,428 |
| Completed (graduates) | 86 | $30,973 |
| Did not complete | 133 | $13,403 |
On a standard 10-year plan, the median completing borrower would pay about $368.3/mo.
Federal data lets us separate Stafford borrowers from the rest at Emmanuel College.
Stafford This Year vs Not
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 207 | — |
| No Stafford loan this year | 12 | — |
Repayment burden translates the debt figures into what a borrower actually pays each month. Emmanuel College.
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 Emmanuel College appears below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 11.9% |
| Borrowers in the cohort | 259 |
A lower default rate generally signals that graduates earn enough to manage their loan payments.
Median debt differs by income tier, first-generation status, and whether the student is financially dependent.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $12,150 |
| Middle income | $14,125 |
| High income | $11,000 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $12,000 |
| Continuing-generation students | $12,250 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $12,000 |
| Independent students | $12,186 |
These pre-calculated indicators summarize the borrowing gaps between cohorts at Emmanuel College.
Subsidized vs. 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.