by our College Data Analytics TeamHere you will find what students actually borrow to attend New York Film Academy: median debt, the percentile spread, total borrowing including PLUS loans, and the cost to repay. The data below is drawn directly from federal sources.
Looking at the entering class at New York Film Academy, 31% of incoming students take out a loan to help cover first-year costs, with a typical loan of $15,444 per borrower, covering both private and federal loans.
Federal loans alone average $7,798. This reaches or tops the $5,500 first-year federal borrowing cap for a typical dependent student. Note that average undergraduate loan amounts shown later do not include private loans — so the full freshman figure above is not directly comparable.
Looking at all undergraduates at New York Film Academy, freshmen included, 26% borrow through federal student loan programs, at an average of $9,109 a year. It comes to 16.8% higher than the $7,798 typical freshmen borrow.
Borrowing at that rate every year works out to about $18,218 over two years and about $36,436 after four. The estimate holds federal borrowing constant and does not count private or Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 26% |
| Average federal loan per year | $9,109 |
| Undergraduates with a federal loan | 250 |
| Total federal loans (one year) | $2,277,164 |
The median student at New York Film Academy borrows $10,750 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $10,750 |
| Students who completed (graduates) | $16,000 |
| Students who withdrew | $5,500 |
The figure for students who withdrew is worth watching: debt without a completed credential is the hardest to repay.
Looking only at the median is misleading — these four percentiles describe the full debt distribution for borrowers at New York Film Academy.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,750 |
| 25th percentile | $5,500 |
| 75th percentile | $14,750 |
| 90th percentile (highest-debt students) | $29,500 |
How wide this percentile range is tells you how much borrowing varies across students at New York Film Academy.
Median federal debt understates the full cost when PLUS loans are included. The totals below add PLUS borrowing for New York Film Academy.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 307 | $49,447 |
| Completed (graduates) | 214 | $67,912 |
| Did not complete | 93 | $27,470 |
For students who completed, the median total debt including PLUS loans works out to a standard 10-year payment of about $807.55/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 New York Film Academy.
Any-Stafford Borrowers
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Used a Stafford loan | 278 | $51,032 |
| No Stafford loan | 29 | $44,530 |
Current-Year Stafford Borrowers
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 273 | $50,606 |
| No Stafford loan this year | 34 | $44,558 |
Repayment burden translates the debt figures into what a borrower actually pays each month. New York Film Academy.
Defaulting means failing to repay a federal student loan, which carries serious credit consequences. The official Department of Education two-year default rate for New York Film Academy appears below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 0% |
| Borrowers in the cohort | 26 |
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.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $9,500 |
| Middle income | $10,750 |
| High income | $12,000 |
First-Gen vs Continuing-Gen Borrowing
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,500 |
| Continuing-generation students | $12,000 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $12,000 |
| Independent students | $9,500 |
Federal data publishes the following gap measures for New York Film Academy.
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
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.