by our College Data Analytics TeamBelow is federal data on the loans students use to pay for Flagler College, including completion-adjusted borrowing and a standard repayment estimate. All figures come from the U.S. Department of Education and IPEDS.
At Flagler St. Augustine specifically, 62% of incoming undergraduates borrow in year one, borrowing on average $8,944 per student, private and federal loans combined.
On the federal side, the average loan is $5,416, or about 98.5% of the $5,500 cap on first-year federal borrowing for the typical dependent student. Bear in mind the undergraduate averages later on cover federal loans only, whereas this freshman total folds in private loans too.
For undergraduates overall at Flagler St. Augustine, 56% use federal student loans to help pay for their education, borrowing on average $6,475 per year. It comes to 19.6% greater than the freshman federal average of $5,416.
Borrowing at that rate every year works out to about $12,950 across two years and $25,900 by the fourth year. These projections assume the same federal borrowing each year and exclude private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 56% |
| Average federal loan per year | $6,475 |
| Undergraduates with a federal loan | 1,343 |
| Total federal loans (one year) | $8,696,538 |
The middle borrower at Flagler St. Augustine owes $15,000 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $15,000 |
| Students who completed (graduates) | $24,250 |
| Students who withdrew | $6,500 |
Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.
Looking only at the median is misleading — these four percentiles describe the full debt distribution for borrowers at Flagler St. Augustine.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,530 |
| 25th percentile | $6,500 |
| 75th percentile | $26,725 |
| 90th percentile (highest-debt students) | $32,000 |
The spread between the lowest- and highest-debt deciles summarizes how variable outcomes are at Flagler St. Augustine.
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 Flagler St. Augustine.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 364 | $23,187 |
| Completed (graduates) | 209 | $29,390 |
| Did not complete | 155 | $17,962 |
On a standard 10-year plan, the median completing borrower would pay about $349.48/mo.
The split below distinguishes Stafford borrowers from non-Stafford borrowers at Flagler St. Augustine.
Borrowers With a Stafford Loan This Year
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 353 | — |
| No Stafford loan this year | 11 | — |
These figures turn the debt totals into a monthly repayment picture for Flagler St. Augustine.
A loan default — failing to keep up with federal student-loan payments — is one of the worst financial outcomes a borrower can face. The official Department of Education two-year default rate for Flagler St. Augustine follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 5.0% |
| Borrowers in the cohort | 678 |
The cohort default rate tracks borrowers who entered repayment in a given year and defaulted within the two-year measurement window.
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 | $16,681 |
| Middle income | $14,500 |
| High income | $15,000 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $15,375 |
| Continuing-generation students | $14,000 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $15,000 |
| Independent students | $17,150 |
The Department of Education computes gap indicators that show how borrowing differs between student groups at Flagler St. Augustine.
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.