by our College Data Analytics TeamHere you will find what students actually borrow to attend Genesee Valley BOCES-Practical Nursing Program, including completion-adjusted borrowing and a standard repayment estimate. All figures come from the U.S. Department of Education and IPEDS.
At Genesee Valley Educational Partnership, 95% of new students use loans toward freshman-year expenses, with a typical loan of $6,958 each — a figure that counts both private and federal student loans.
The typical federal loan comes to $6,958. That sits at or beyond the $5,500 first-year federal limit for a typical dependent student. 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 Genesee Valley Educational Partnership, freshmen included, 84% use federal student loans to help pay for their education, borrowing on average $7,803 annually. It comes to 12.1% more than the $6,958 typical freshmen borrow.
At a steady annual pace, that totals around $15,606 over two years and about $31,212 across a four-year program. These projections assume the same federal borrowing each year and exclude private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 84% |
| Average federal loan per year | $7,803 |
| Undergraduates with a federal loan | 102 |
| Total federal loans (one year) | $795,956 |
The median student at Genesee Valley Educational Partnership borrows $11,460 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $11,460 |
| Students who completed (graduates) | $13,000 |
| Students who withdrew | $4,750 |
Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.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 Genesee Valley Educational Partnership.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,750 |
| 25th percentile | $7,666 |
| 75th percentile | $13,000 |
| 90th percentile (highest-debt students) | $13,000 |
The spread between the lowest- and highest-debt deciles summarizes how variable outcomes are at Genesee Valley Educational Partnership.
Repayment burden translates the debt figures into what a borrower actually pays each month. Genesee Valley Educational Partnership.
The default rate measures how many borrowers fall behind and ultimately fail to repay their federal loans. Two-year cohort default-rate data for Genesee Valley Educational Partnership follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 3.8% |
| Borrowers in the cohort | 103 |
A lower default rate generally signals that graduates earn enough to manage their loan payments.
Borrowing varies by family income, by first-generation status, and by dependency status.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $12,554 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $7,666 |
| Independent students | $13,000 |
These pre-calculated indicators summarize the borrowing gaps between cohorts at Genesee Valley Educational Partnership.
Subsidized and Unsubsidized Loans
Subsidized loans pause interest while you are in school; unsubsidized loans do not. That difference compounds over four years, so the type of loan you take matters as much as the amount.
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.