by our College Data Analytics TeamHere you will find what students actually borrow to attend Nossi College of Art and Design, including completion-adjusted borrowing and a standard repayment estimate. All figures come from the U.S. Department of Education and IPEDS.
Looking at the entering class at Nossi College of Art, 69% of incoming students take out a loan to help cover first-year costs, at roughly $3,190 apiece. This figure includes both private and federally funded student loans.
Federal loans alone average $3,190, which is 58.0% 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.
Among all degree-seeking undergrads at Nossi College of Art, 53% take out federal student loans, for a typical $10,749 a year. It comes to 237.0% greater than the $3,190 freshmen take on.
Carrying that yearly figure forward comes to roughly $21,498 in two years and roughly $42,996 over a four-year span. These figures assume identical federal borrowing each year and omit private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 53% |
| Average federal loan per year | $10,749 |
| Undergraduates with a federal loan | 142 |
| Total federal loans (one year) | $1,526,401 |
The middle borrower at Nossi College of Art owes $17,708 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $17,708 |
| Students who completed (graduates) | $33,498 |
| Students who withdrew | $12,319 |
Debt carried by students who withdrew is a key risk signal — these borrowers owe money without having earned the credential.
Half of all borrowers fall between the 25th and 75th percentiles shown below for Nossi College of Art.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,750 |
| 25th percentile | $8,250 |
| 75th percentile | $31,000 |
| 90th percentile (highest-debt students) | $50,000 |
How wide this percentile range is tells you how much borrowing varies across students at Nossi College of Art.
PLUS loans — taken out by parents or graduate students — add to the total cost of attendance financed by debt at Nossi College of Art.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 80 | $11,250 |
| Completed (graduates) | 29 | $16,700 |
| Did not complete | 51 | $9,200 |
For students who completed, the median total debt including PLUS loans works out to a standard 10-year payment of about $198.58/mo.
Repayment burden translates the debt figures into what a borrower actually pays each month. Nossi College of Art.
Defaulting means failing to repay a federal student loan, which carries serious credit consequences. The official Department of Education two-year default rate for Nossi College of Art is shown below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 7.4% |
| Borrowers in the cohort | 188 |
A lower default rate generally signals that graduates earn enough to manage their loan payments.
The breakdowns below show median federal debt by income, first-generation status, and dependency.
Borrowing by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $17,500 |
| Middle income | $19,000 |
| High income | $17,013 |
First-Gen vs Continuing-Gen Borrowing
| Cohort | Median federal debt |
|---|---|
| First-generation students | $17,250 |
| Continuing-generation students | $19,000 |
Dependent vs Independent Borrowers
| Cohort | Median federal debt |
|---|---|
| Dependent students | $16,500 |
| Independent students | $24,438 |
Federal data publishes the following gap measures for Nossi College of Art.
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.
Did You Know?
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.