by our College Data Analytics TeamHere you will find what students actually borrow to attend Grand View University, including completion-adjusted borrowing and a standard repayment estimate. All figures come from the U.S. Department of Education and IPEDS.
For incoming students at Grand View University, 67% of new students use loans toward freshman-year expenses, borrowing on average $7,910 per student, private and federal loans combined.
The average federally funded loan is $5,376, which is 97.7% of the $5,500 federal limit that applies to a typical first-year dependent borrower. Be aware: the undergraduate-wide averages below exclude private loans, while this freshman number includes them.
For undergraduates overall at Grand View University, 72% rely on federal student loans toward their education, at an average of $6,622 annually. That amounts to 23.2% above the first-year federal average of $5,376.
Borrowing the same amount each year would add up to roughly $13,244 in two years and roughly $26,488 by the fourth year. These figures assume identical federal borrowing each year and omit private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 72% |
| Average federal loan per year | $6,622 |
| Undergraduates with a federal loan | 1,061 |
| Total federal loans (one year) | $7,025,953 |
Graduating and withdrawing students at Grand View University carry a median federal debt of $15,097 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $15,097 |
| Students who completed (graduates) | $22,500 |
| Students who withdrew | $6,500 |
Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.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 Grand View University.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,500 |
| 25th percentile | $8,500 |
| 75th percentile | $27,000 |
| 90th percentile (highest-debt students) | $34,500 |
How wide this percentile range is tells you how much borrowing varies across students at Grand View University.
PLUS loans — taken out by parents or graduate students — add to the total cost of attendance financed by debt at Grand View University.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 310 | $15,054 |
| Completed (graduates) | 181 | $20,398 |
| Did not complete | 129 | $10,663 |
For students who completed, the median total debt including PLUS loans works out to a standard 10-year payment of about $242.55/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 Grand View University.
Stafford This Year vs Not
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 284 | $15,260 |
| No Stafford loan this year | 26 | $9,340 |
Repayment burden translates the debt figures into what a borrower actually pays each month. Grand View University.
The default rate measures how many borrowers fall behind and ultimately fail to repay their federal loans. Two-year cohort default-rate data for Grand View University follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 7.3% |
| Borrowers in the cohort | 683 |
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.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $15,658 |
| Middle income | $15,000 |
| High income | $15,750 |
First-Gen vs Continuing-Gen Borrowing
| Cohort | Median federal debt |
|---|---|
| First-generation students | $16,250 |
| Continuing-generation students | $14,500 |
Dependent vs Independent Borrowers
| Cohort | Median federal debt |
|---|---|
| Dependent students | $15,000 |
| Independent students | $16,000 |
These pre-calculated indicators summarize the borrowing gaps between cohorts at Grand View University.
The Difference Between Subsidized and Unsubsidized Loans
Unsubsidized federal student loans accrue interest every month — even while you are still enrolled. Unless you pay that interest as it builds, the balance you owe at graduation can be noticeably higher than the amount you originally borrowed.
Important to Remember
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.