by our College Data Analytics TeamThis page focuses on the debt students take on to attend Florida College: 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 Florida College, 45% of new students use loans toward freshman-year expenses, with a typical loan of $6,955 apiece. This figure includes both private and federally funded student loans.
The average federally funded loan is $5,102, which is 92.8% of the $5,500 first-year federal borrowing limit for a typical dependent freshman. Keep in mind the all-undergraduate averages further down count federal loans only, unlike this private-plus-federal freshman figure.
Among all degree-seeking undergrads at Florida College, 45% take out federal student loans, averaging $6,071 each per year. It comes to 19.0% more than the first-year federal average of $5,102.
Repeating that yearly amount projects to about $12,142 by year two and around $24,284 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 | 45% |
| Average federal loan per year | $6,071 |
| Undergraduates with a federal loan | 273 |
| Total federal loans (one year) | $1,657,350 |
Graduating and withdrawing students at Florida College carry a median federal debt of $10,000 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $10,000 |
| Students who completed (graduates) | $12,000 |
| Students who withdrew | $6,500 |
Debt carried by students who withdrew is a key risk signal — these borrowers owe money without having earned the credential.
Looking only at the median is misleading — these four percentiles describe the full debt distribution for borrowers at Florida College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,250 |
| 25th percentile | $5,500 |
| 75th percentile | $20,500 |
| 90th percentile (highest-debt students) | $27,000 |
How wide this percentile range is tells you how much borrowing varies across students at Florida College.
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 Florida College.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 143 | $19,566 |
| Completed (graduates) | 73 | $21,625 |
| Did not complete | 70 | $17,212 |
On a standard 10-year plan, the median completing borrower would pay about $257.14/mo.
The indicators below describe what the typical debt costs to pay back at Florida College.
A loan default — failing to keep up with federal student-loan payments — is one of the worst financial outcomes a borrower can face. The federal two-year cohort default rate for Florida College follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 6.2% |
| Borrowers in the cohort | 177 |
The cohort default rate tracks borrowers who entered repayment in a given year and defaulted within the two-year measurement window.
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 | $8,250 |
| Middle income | $9,000 |
| High income | $12,000 |
First-Gen vs Continuing-Gen Borrowing
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,625 |
| Continuing-generation students | $10,000 |
The Department of Education computes gap indicators that show how borrowing differs between student groups at Florida College.
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.