by our College Data Analytics TeamHere you will find what students actually borrow to attend Evangel University-College of Online Learning: 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 Evangel University-College of Online Learning, 100% of incoming students take out a loan to help cover first-year costs, with a typical loan of $4,277 per borrower, covering both private and federal loans.
The average federal loan is $4,277, representing 77.8% 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.
For undergraduates overall at Evangel University-College of Online Learning, 86% finance part of their studies with federal loans, for a typical $8,384 annually. That amounts to 96.0% greater than the $4,277 borrowed by freshmen.
Borrowing the same amount each year would add up to roughly $16,768 over two years and about $33,536 across a four-year program. This projection keeps yearly federal borrowing flat and excludes private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 86% |
| Average federal loan per year | $8,384 |
| Undergraduates with a federal loan | 166 |
| Total federal loans (one year) | $1,391,661 |
The median student at Evangel University-College of Online Learning borrows $17,495 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $17,495 |
| Students who completed (graduates) | $24,736 |
| Students who withdrew | $8,250 |
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 Evangel University-College of Online Learning.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,766 |
| 25th percentile | $7,000 |
| 75th percentile | $28,000 |
| 90th percentile (highest-debt students) | $36,000 |
How wide this percentile range is tells you how much borrowing varies across students at Evangel University-College of Online Learning.
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 Evangel University-College of Online Learning.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 341 | $16,584 |
| Completed (graduates) | 192 | $20,473 |
| Did not complete | 149 | $14,500 |
For students who completed, the median total debt including PLUS loans works out to a standard 10-year payment of about $243.45/mo.
The split below distinguishes Stafford borrowers from non-Stafford borrowers at Evangel University-College of Online Learning.
Borrowers With a Stafford Loan This Year
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 314 | $17,442 |
| No Stafford loan this year | 27 | $9,872 |
The indicators below describe what the typical debt costs to pay back at Evangel University-College of Online Learning.
Defaulting means failing to repay a federal student loan, which carries serious credit consequences. The official Department of Education two-year default rate for Evangel University-College of Online Learning appears below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 5.3% |
| Borrowers in the cohort | 638 |
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.
Borrowing by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $15,764 |
| Middle income | $18,750 |
| High income | $18,196 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $16,000 |
| Continuing-generation students | $19,500 |
Dependent vs Independent Borrowers
| Cohort | Median federal debt |
|---|---|
| Dependent students | $17,490 |
| Independent students | $17,639 |
The Department of Education computes gap indicators that show how borrowing differs between student groups at Evangel University-College of Online Learning.
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.
Worth Knowing
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.