by our College Data Analytics TeamHere you will find what students actually borrow to attend Florida Polytechnic University, including completion-adjusted borrowing and a standard repayment estimate. All figures come from the U.S. Department of Education and IPEDS.
Among first-year students at Florida Poly, 31% of first-year students take on loan debt, with a typical loan of $5,219 each, across private and federal loan sources.
The average federal loan is $4,827, or about 87.8% 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.
Across the full undergraduate body at Florida Poly (freshmen included), 25% borrow through federal student loan programs, borrowing on average $5,572 each per year. This works out to 15.4% greater than the $4,827 typical freshmen borrow.
Carrying that yearly figure forward comes to roughly $11,144 across two years and $22,288 over a four-year span. This projection keeps yearly federal borrowing flat and excludes private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 25% |
| Average federal loan per year | $5,572 |
| Undergraduates with a federal loan | 392 |
| Total federal loans (one year) | $2,184,040 |
The median student at Florida Poly borrows $7,500 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $7,500 |
| Students who completed (graduates) | $14,250 |
| Students who withdrew | $5,500 |
Debt carried by students who withdrew is a key risk signal — these borrowers owe money without having earned the credential.
Median federal debt understates the full cost when PLUS loans are included. The totals below add PLUS borrowing for Florida Poly.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 40 | $8,985 |
Federal data lets us separate Stafford borrowers from the rest at Florida Poly.
Current-Year Stafford Borrowers
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 30 | — |
| No Stafford loan this year | 10 | — |
These figures turn the debt totals into a monthly repayment picture for Florida Poly.
The breakdowns below show median federal debt by income, first-generation status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $8,625 |
| Middle income | $8,750 |
| High income | $6,500 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $8,250 |
| Continuing-generation students | $7,023 |
Dependent vs Independent Borrowers
| Cohort | Median federal debt |
|---|---|
| Dependent students | $7,500 |
| Independent students | $8,250 |
Federal data publishes the following gap measures for Florida Poly.
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.