by our College Data Analytics TeamHere you will find what students actually borrow to attend Holy Name Medical Center School of Nursing, including completion-adjusted borrowing and a standard repayment estimate. These figures are reported by the Department of Education and IPEDS.
For incoming students at Holy Name Medical Center School of Nursing, 0% of incoming students take out a loan to help cover first-year costs.
For undergraduates overall at Holy Name Medical Center School of Nursing, 68% rely on federal student loans toward their education, with a mean of $4,771 in federal loans per year.
Borrowing at that rate every year works out to about $9,542 across two years and $19,084 over four years. This projection keeps yearly federal borrowing flat and excludes private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 68% |
| Average federal loan per year | $4,771 |
| Undergraduates with a federal loan | 128 |
| Total federal loans (one year) | $610,718 |
Graduating and withdrawing students at Holy Name Medical Center School of Nursing carry a median federal debt of $14,750 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $14,750 |
| Students who completed (graduates) | $20,000 |
| Students who withdrew | $5,242 |
The figure for students who withdrew is worth watching: debt without a completed credential is the hardest to repay.
Half of all borrowers fall between the 25th and 75th percentiles shown below for Holy Name Medical Center School of Nursing.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,750 |
| 25th percentile | $7,000 |
| 75th percentile | $20,000 |
| 90th percentile (highest-debt students) | $20,000 |
The spread between the lowest- and highest-debt deciles summarizes how variable outcomes are at Holy Name Medical Center School of Nursing.
Median federal debt understates the full cost when PLUS loans are included. The totals below add PLUS borrowing for Holy Name Medical Center School of Nursing.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 34 | $17,554 |
These figures turn the debt totals into a monthly repayment picture for Holy Name Medical Center School of Nursing.
The default rate measures how many borrowers fall behind and ultimately fail to repay their federal loans. Two-year cohort default-rate data for Holy Name Medical Center School of Nursing appears below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 0% |
| Borrowers in the cohort | 58 |
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.
Borrowing by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $19,949 |
| Middle income | $12,000 |
| High income | $12,000 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $14,750 |
| Continuing-generation students | $15,135 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $11,500 |
| Independent students | $20,000 |
The Department of Education computes gap indicators that show how borrowing differs between student groups at Holy Name Medical Center School of Nursing.
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
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.