by our College Data Analytics TeamBelow is federal data on the loans students use to pay for Moravian University— how much they borrow, how that debt is spread across the student body, and what it costs to pay back. These figures are reported by the Department of Education and IPEDS.
Among first-year students at Moravian, 81% of first-year students take on loan debt, averaging $10,963 each, across private and federal loan sources.
The typical federal loan comes to $5,410, amounting to 98.4% of the $5,500 federal limit that applies to a typical first-year dependent borrower. Keep in mind the all-undergraduate averages further down count federal loans only, unlike this private-plus-federal freshman figure.
Across the full undergraduate body at Moravian (freshmen included), 76% rely on federal student loans toward their education, for a typical $6,667 per year. It comes to 23.2% more than the $5,410 borrowed by freshmen.
Carrying that yearly figure forward comes to roughly $13,334 across two years and $26,668 by the fourth year. These projections assume the same federal borrowing each year and exclude private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 76% |
| Average federal loan per year | $6,667 |
| Undergraduates with a federal loan | 1,503 |
| Total federal loans (one year) | $10,020,172 |
The middle borrower at Moravian owes $22,000 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $22,000 |
| Students who completed (graduates) | $26,793 |
| Students who withdrew | $7,500 |
Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.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 Moravian.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $5,500 |
| 25th percentile | $9,750 |
| 75th percentile | $27,000 |
| 90th percentile (highest-debt students) | $32,000 |
How wide this percentile range is tells you how much borrowing varies across students at Moravian.
PLUS loans — taken out by parents or graduate students — add to the total cost of attendance financed by debt at Moravian.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 455 | $38,018 |
| Completed (graduates) | 327 | $48,375 |
| Did not complete | 128 | $24,381 |
Completers face an estimated standard 10-year monthly payment on their PLUS-inclusive debt of roughly $575.23/mo.
The split below distinguishes Stafford borrowers from non-Stafford borrowers at Moravian.
Stafford This Year vs Not
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 406 | $42,664 |
| No Stafford loan this year | 49 | $24,000 |
The indicators below describe what the typical debt costs to pay back at Moravian.
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 Moravian follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 2.9% |
| Borrowers in the cohort | 478 |
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 | $19,746 |
| Middle income | $23,250 |
| High income | $21,500 |
First-Gen vs Continuing-Gen Borrowing
| Cohort | Median federal debt |
|---|---|
| First-generation students | $21,500 |
| Continuing-generation students | $23,000 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $23,250 |
| Independent students | $17,346 |
Federal data publishes the following gap measures for Moravian.
Subsidized vs. 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.
Did You Know?
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.