by our College Data Analytics TeamBelow is federal data on the loans students use to pay for Frederick Community College— how much they borrow, how that debt is spread across the student body, and what it costs to pay back. All figures come from the U.S. Department of Education and IPEDS.
For incoming students at Frederick Community College, 13% of incoming undergraduates borrow in year one, borrowing on average $5,953 each, across private and federal loan sources.
On the federal side, the average loan is $5,749. That is at or past the $5,500 federal first-year limit for the typical dependent freshman. Remember the all-undergraduate figures below leave out private loans, so they will look lower than this private-plus-federal freshman amount.
Counting every undergraduate at Frederick Community College, 13% use federal student loans to help pay for their education, at an average of $7,137 a year. This is 24.1% higher than the freshman federal average of $5,749.
Borrowing at that rate every year works out to about $14,274 over two years and about $28,548 over four years. These figures assume identical federal borrowing each year and omit private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 13% |
| Average federal loan per year | $7,137 |
| Undergraduates with a federal loan | 520 |
| Total federal loans (one year) | $3,711,434 |
The median student at Frederick Community College borrows $5,500 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $5,500 |
| Students who completed (graduates) | $8,150 |
| Students who withdrew | $5,500 |
Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.
The median hides the spread, so the percentiles below show cumulative federal debt at four points in the distribution for Frederick Community College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,626 |
| 25th percentile | $2,750 |
| 75th percentile | $9,500 |
| 90th percentile (highest-debt students) | $15,215 |
The spread between the lowest- and highest-debt deciles summarizes how variable outcomes are at Frederick Community College.
Median federal debt understates the full cost when PLUS loans are included. The totals below add PLUS borrowing for Frederick Community College.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 435 | $19,045 |
| Completed (graduates) | 114 | $16,684 |
| Did not complete | 321 | $19,530 |
On a standard 10-year plan, the median completing borrower would pay about $198.39/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 Frederick Community College.
Any-Stafford Borrowers
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Used a Stafford loan | 425 | — |
| No Stafford loan | 10 | — |
Borrowers With a Stafford Loan This Year
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 83 | $16,000 |
| No Stafford loan this year | 352 | $20,000 |
Repayment burden translates the debt figures into what a borrower actually pays each month. Frederick Community College.
The default rate measures how many borrowers fall behind and ultimately fail to repay their federal loans. The official Department of Education two-year default rate for Frederick Community College appears below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 8.7% |
| Borrowers in the cohort | 262 |
This rate follows a borrower cohort from the start of repayment through the two-year window the Department of Education uses.
Borrowing varies by family income, by first-generation status, and by dependency status.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $6,258 |
| Middle income | $5,088 |
| High income | $5,500 |
First-Gen vs Continuing-Gen Borrowing
| Cohort | Median federal debt |
|---|---|
| First-generation students | $5,500 |
| Continuing-generation students | $5,500 |
Dependent vs Independent Borrowers
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $6,522 |
These pre-calculated indicators summarize the borrowing gaps between cohorts at Frederick Community College.
The Difference Between 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
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.