by our College Data Analytics TeamThis page focuses on the debt students take on to attend Felician University— how much they borrow, how that debt is spread across the student body, and what it costs to pay back. These figures are reported by the Department of Education and IPEDS.
Among first-year students at Felician, 46% of new students use loans toward freshman-year expenses, for an average of $9,694 each, across private and federal loan sources.
The average federal loan is $8,073. This meets or exceeds the $5,500 cap on first-year federal borrowing for the 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.
Looking at all undergraduates at Felician, freshmen included, 56% take out federal student loans, averaging $7,284 each per year. That is 9.8% lower than the freshman federal average of $8,073.
Borrowing at that rate every year works out to about $14,568 across two years and $29,136 by the fourth year. The estimate holds federal borrowing constant and does not count private or Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 56% |
| Average federal loan per year | $7,284 |
| Undergraduates with a federal loan | 975 |
| Total federal loans (one year) | $7,102,347 |
The middle borrower at Felician owes $19,250 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $19,250 |
| Students who completed (graduates) | $25,000 |
| Students who withdrew | $12,500 |
The figure for students who withdrew is worth watching: debt without a completed credential is the hardest to repay.
Looking only at the median is misleading — these four percentiles describe the full debt distribution for borrowers at Felician.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $5,250 |
| 25th percentile | $9,533 |
| 75th percentile | $28,750 |
| 90th percentile (highest-debt students) | $38,500 |
The gap between the 10th and 90th percentile is the clearest single measure of how widely borrowing varies at Felician.
Median federal debt understates the full cost when PLUS loans are included. The totals below add PLUS borrowing for Felician.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 370 | $20,028 |
| Completed (graduates) | 196 | $21,650 |
| Did not complete | 174 | $17,760 |
On a standard 10-year plan, the median completing borrower would pay about $257.44/mo.
Stafford loans are the federal direct-loan program most undergraduates use. The breakdown below separates borrowers who used Stafford loans from those who did not at Felician.
Stafford This Year vs Not
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 300 | $18,192 |
| No Stafford loan this year | 70 | $32,692 |
Repayment burden translates the debt figures into what a borrower actually pays each month. Felician.
The default rate measures how many borrowers fall behind and ultimately fail to repay their federal loans. The federal two-year cohort default rate for Felician follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 4.6% |
| Borrowers in the cohort | 600 |
This rate follows a borrower cohort from the start of repayment through the two-year window the Department of Education uses.
Median debt differs by income tier, first-generation status, and whether the student is financially dependent.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $18,750 |
| Middle income | $21,167 |
| High income | $20,000 |
First-Gen vs Continuing-Gen Borrowing
| Cohort | Median federal debt |
|---|---|
| First-generation students | $19,250 |
| Continuing-generation students | $20,000 |
Dependent vs Independent Borrowers
| Cohort | Median federal debt |
|---|---|
| Dependent students | $19,500 |
| Independent students | $18,750 |
These pre-calculated indicators summarize the borrowing gaps between cohorts at Felician.
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.
Did You Know?
Declaring bankruptcy does not erase federal student loan debt. If you stop paying, the federal government can garnish a portion of your wages until the loans are repaid.
References
More about our data sources and methodologies.