by our College Data Analytics TeamHere you will find what students actually borrow to attend Greenville University: 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.
Among first-year students at Greenville, 60% of incoming undergraduates borrow in year one, borrowing on average $6,902 each, across private and federal loan sources.
On the federal side, the average loan is $6,008. This meets or exceeds the $5,500 cap on first-year federal borrowing for the typical dependent freshman. Note that average undergraduate loan amounts shown later do not include private loans — so the full freshman figure above is not directly comparable.
Across the full undergraduate body at Greenville (freshmen included), 59% rely on federal student loans toward their education, with a mean of $7,108 per year. It comes to 18.3% larger than the $6,008 freshmen take on.
Repeating that yearly amount projects to about $14,216 over two years and about $28,432 across a four-year program. These figures assume identical federal borrowing each year and omit private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 59% |
| Average federal loan per year | $7,108 |
| Undergraduates with a federal loan | 518 |
| Total federal loans (one year) | $3,682,163 |
Graduating and withdrawing students at Greenville carry a median federal debt of $15,000 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $15,000 |
| Students who completed (graduates) | $23,875 |
| Students who withdrew | $9,500 |
Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.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 Greenville.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,750 |
| 25th percentile | $6,250 |
| 75th percentile | $27,000 |
| 90th percentile (highest-debt students) | $38,300 |
How wide this percentile range is tells you how much borrowing varies across students at Greenville.
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 Greenville.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 246 | $17,716 |
| Completed (graduates) | 127 | $29,985 |
| Did not complete | 119 | $12,931 |
For students who completed, the median total debt including PLUS loans works out to a standard 10-year payment of about $356.55/mo.
The split below distinguishes Stafford borrowers from non-Stafford borrowers at Greenville.
Stafford This Year vs Not
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 216 | $18,145 |
| No Stafford loan this year | 30 | $11,465 |
Repayment burden translates the debt figures into what a borrower actually pays each month. Greenville.
A loan default — failing to keep up with federal student-loan payments — is one of the worst financial outcomes a borrower can face. Two-year cohort default-rate data for Greenville is shown below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 5.6% |
| Borrowers in the cohort | 637 |
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 | $17,125 |
| Middle income | $16,500 |
| High income | $14,906 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $15,000 |
| Continuing-generation students | $15,000 |
Dependent vs Independent Borrowers
| Cohort | Median federal debt |
|---|---|
| Dependent students | $15,000 |
| Independent students | $13,000 |
The Department of Education computes gap indicators that show how borrowing differs between student groups at Greenville.
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
Unlike most other debt, federal student loans generally survive bankruptcy — and unpaid balances can lead to wage garnishment — so borrow only what you truly need.
References
More about our data sources and methodologies.