by our College Data Analytics TeamHere you will find what students actually borrow to attend Falcon Institute of Health And Science: median debt, the percentile spread, total borrowing including PLUS loans, and the cost to repay. All figures come from the U.S. Department of Education and IPEDS.
At Falcon Institute of Health And Science, 96% of new students use loans toward freshman-year expenses, with a typical loan of $10,272 per student, private and federal loans combined.
Federal loans alone average $10,272. This reaches or tops the $5,500 first-year federal borrowing cap for a typical dependent student. Note that average undergraduate loan amounts shown later do not include private loans — so the full freshman figure above is not directly comparable.
For undergraduates overall at Falcon Institute of Health And Science, 82% finance part of their studies with federal loans, with a mean of $10,406 annually. This works out to 1.3% larger than the first-year federal average of $10,272.
Carrying that yearly figure forward comes to roughly $20,812 across two years and $41,624 over four years. This assumes steady federal borrowing and leaves out private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 82% |
| Average federal loan per year | $10,406 |
| Undergraduates with a federal loan | 325 |
| Total federal loans (one year) | $3,381,994 |
The middle borrower at Falcon Institute of Health And Science owes $16,670 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $16,670 |
| Students who completed (graduates) | $17,083 |
| Students who withdrew | $4,750 |
The figure for students who withdrew is worth watching: debt without a completed credential is the hardest to repay.
These figures turn the debt totals into a monthly repayment picture for Falcon Institute of Health And Science.
Borrowing varies by family income, by first-generation status, and by dependency status.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $16,071 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $10,194 |
| Independent students | $17,083 |
These pre-calculated indicators summarize the borrowing gaps between cohorts at Falcon Institute of Health And Science.
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.
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.