by our College Data Analytics TeamHere you will find what students actually borrow to attend North Greenville University: median debt, the percentile spread, total borrowing including PLUS loans, and the cost to repay. These figures are reported by the Department of Education and IPEDS.
At North Greenville, 55% of first-year students take on loan debt, at roughly $6,729 per student, private and federal loans combined.
Federal loans alone average $5,119, representing 93.1% of the typical first-year dependent student borrowing cap of $5,500. 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 North Greenville (freshmen included), 56% borrow through federal student loan programs, averaging $6,406 each per year. This is 25.1% larger than the $5,119 typical freshmen borrow.
At a steady annual pace, that totals around $12,812 after two years and $25,624 after four. This projection keeps yearly federal borrowing flat and excludes private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 56% |
| Average federal loan per year | $6,406 |
| Undergraduates with a federal loan | 955 |
| Total federal loans (one year) | $6,117,554 |
The median student at North Greenville borrows $15,000 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $15,000 |
| Students who completed (graduates) | $23,082 |
| Students who withdrew | $8,250 |
Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.
Half of all borrowers fall between the 25th and 75th percentiles shown below for North Greenville.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,961 |
| 25th percentile | $5,500 |
| 75th percentile | $22,500 |
| 90th percentile (highest-debt students) | $31,000 |
The gap between the 10th and 90th percentile is the clearest single measure of how widely borrowing varies at North Greenville.
PLUS loans — taken out by parents or graduate students — add to the total cost of attendance financed by debt at North Greenville.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 283 | $19,000 |
| Completed (graduates) | 170 | $22,924 |
| Did not complete | 113 | $14,944 |
For students who completed, the median total debt including PLUS loans works out to a standard 10-year payment of about $272.59/mo.
Federal data lets us separate Stafford borrowers from the rest at North Greenville.
Current-Year Stafford Borrowers
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 265 | — |
| No Stafford loan this year | 18 | — |
These figures turn the debt totals into a monthly repayment picture for North Greenville.
The default rate measures how many borrowers fall behind and ultimately fail to repay their federal loans. The official Department of Education two-year default rate for North Greenville appears below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 5.2% |
| Borrowers in the cohort | 491 |
A lower default rate generally signals that graduates earn enough to manage their loan payments.
Median debt differs by income tier, first-generation status, and whether the student is financially dependent.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $14,288 |
| Middle income | $15,772 |
| High income | $14,000 |
First-Gen vs Continuing-Gen Borrowing
| Cohort | Median federal debt |
|---|---|
| First-generation students | $15,000 |
| Continuing-generation students | $14,612 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $14,612 |
| Independent students | $17,091 |
The Department of Education computes gap indicators that show how borrowing differs between student groups at North 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
Declaring bankruptcy does not erase federal student loan debt. If you stop paying, the federal government can garnish a portion of your wages until the loans are repaid.
References
More about our data sources and methodologies.