by our College Data Analytics TeamThis page focuses on the debt students take on to attend Medspa Academies: median debt, the percentile spread, total borrowing including PLUS loans, and the cost to repay. The data below is drawn directly from federal sources.
Among first-year students at National Institute of Medical Aesthetics, 59% of new students use loans toward freshman-year expenses, for an average of $6,965 each, across private and federal loan sources.
On the federal side, the average loan is $6,965. That sits at or beyond the $5,500 first-year federal limit for a typical dependent student. Keep in mind the all-undergraduate averages further down count federal loans only, unlike this private-plus-federal freshman figure.
Looking at all undergraduates at National Institute of Medical Aesthetics, freshmen included, 48% finance part of their studies with federal loans, at an average of $6,679 annually. It comes to 4.1% less than the $6,965 borrowed by freshmen.
Borrowing at that rate every year works out to about $13,358 after two years and $26,716 over four years. The estimate holds federal borrowing constant and does not count private or Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 48% |
| Average federal loan per year | $6,679 |
| Undergraduates with a federal loan | 190 |
| Total federal loans (one year) | $1,269,026 |
The median student at National Institute of Medical Aesthetics borrows $9,500 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $9,500 |
The median hides the spread, so the percentiles below show cumulative federal debt at four points in the distribution for National Institute of Medical Aesthetics.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,250 |
| 25th percentile | $7,115 |
| 75th percentile | $12,125 |
| 90th percentile (highest-debt students) | $13,000 |
The spread between the lowest- and highest-debt deciles summarizes how variable outcomes are at National Institute of Medical Aesthetics.
The indicators below describe what the typical debt costs to pay back at National Institute of Medical Aesthetics.
Borrowing varies by family income, by first-generation status, and by dependency status.
Borrowing by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $9,500 |
| Middle income | $9,500 |
| High income | $7,667 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,500 |
| Continuing-generation students | $9,000 |
Dependent vs Independent Borrowers
| Cohort | Median federal debt |
|---|---|
| Dependent students | $7,624 |
| Independent students | $9,500 |
Federal data publishes the following gap measures for National Institute of Medical Aesthetics.
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
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.