by our College Data Analytics TeamHere you will find what students actually borrow to attend Northern Oklahoma College: median debt, the percentile spread, total borrowing including PLUS loans, and the cost to repay. The data below is drawn directly from federal sources.
For incoming students at Northern Oklahoma College, 31% of incoming students take out a loan to help cover first-year costs, at roughly $5,487 each — a figure that counts both private and federal student loans.
The average federal loan is $5,144, representing 93.5% of the $5,500 first-year borrowing cap for the typical first-year dependent student. Bear in mind the undergraduate averages later on cover federal loans only, whereas this freshman total folds in private loans too.
Counting every undergraduate at Northern Oklahoma College, 33% finance part of their studies with federal loans, at an average of $6,099 per year. That is 18.6% above the $5,144 freshmen take on.
Borrowing at that rate every year works out to about $12,198 in two years and roughly $24,396 after four. This assumes steady federal borrowing and leaves out private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 33% |
| Average federal loan per year | $6,099 |
| Undergraduates with a federal loan | 609 |
| Total federal loans (one year) | $3,714,479 |
Graduating and withdrawing students at Northern Oklahoma College carry a median federal debt of $7,375 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $7,375 |
| Students who completed (graduates) | $11,000 |
| Students who withdrew | $6,039 |
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 Northern Oklahoma College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,000 |
| 25th percentile | $3,431 |
| 75th percentile | $10,830 |
| 90th percentile (highest-debt students) | $16,500 |
The spread between the lowest- and highest-debt deciles summarizes how variable outcomes are at Northern Oklahoma College.
Median federal debt understates the full cost when PLUS loans are included. The totals below add PLUS borrowing for Northern Oklahoma College.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 465 | $16,794 |
| Completed (graduates) | 30 | $7,797 |
| Did not complete | 435 | $17,509 |
Completers face an estimated standard 10-year monthly payment on their PLUS-inclusive debt of roughly $92.71/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 Northern Oklahoma College.
Borrowers With Any Stafford Loan
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Used a Stafford loan | 432 | $16,687 |
| No Stafford loan | 33 | $17,055 |
Borrowers With a Stafford Loan This Year
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 206 | $9,870 |
| No Stafford loan this year | 259 | $22,149 |
These figures turn the debt totals into a monthly repayment picture for Northern Oklahoma College.
The default rate measures how many borrowers fall behind and ultimately fail to repay their federal loans. The federal two-year cohort default rate for Northern Oklahoma College appears below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 19.3% |
| Borrowers in the cohort | 1174 |
A lower default rate generally signals that graduates earn enough to manage their loan payments.
Borrowing varies by family income, by first-generation status, and by dependency status.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $8,250 |
| Middle income | $6,926 |
| High income | $5,719 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $7,826 |
| Continuing-generation students | $6,500 |
Dependent vs Independent Borrowers
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,750 |
| Independent students | $9,500 |
The Department of Education computes gap indicators that show how borrowing differs between student groups at Northern Oklahoma College.
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.
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.