by our College Data Analytics TeamHere you will find what students actually borrow to attend Pennsylvania Institute of Technology— 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.
For incoming students at Pennsylvania Institute of Technology, 94% of new students use loans toward freshman-year expenses, averaging $6,829 each, across private and federal loan sources.
The typical federal loan comes to $6,646. That is at or past the $5,500 federal first-year limit for the typical dependent freshman. Note that average undergraduate loan amounts shown later do not include private loans — so the full freshman figure above is not directly comparable.
For undergraduates overall at Pennsylvania Institute of Technology, 93% take out federal student loans, with a mean of $6,605 in federal loans per year. That is 0.6% smaller than the $6,646 freshmen take on.
Repeating that yearly amount projects to about $13,210 in two years and roughly $26,420 over four years. These projections assume the same federal borrowing each year and exclude private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 93% |
| Average federal loan per year | $6,605 |
| Undergraduates with a federal loan | 614 |
| Total federal loans (one year) | $4,055,174 |
The median student at Pennsylvania Institute of Technology borrows $6,334 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $6,334 |
| Students who completed (graduates) | $16,500 |
| Students who withdrew | $4,978 |
Debt carried by students who withdrew is a key risk signal — these borrowers owe money without having earned the credential.
Looking only at the median is misleading — these four percentiles describe the full debt distribution for borrowers at Pennsylvania Institute of Technology.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,779 |
| 25th percentile | $3,500 |
| 75th percentile | $12,499 |
| 90th percentile (highest-debt students) | $17,045 |
How wide this percentile range is tells you how much borrowing varies across students at Pennsylvania Institute of Technology.
PLUS loans — taken out by parents or graduate students — add to the total cost of attendance financed by debt at Pennsylvania Institute of Technology.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 115 | $7,452 |
| Completed (graduates) | 39 | $10,257 |
| Did not complete | 76 | $5,753 |
For students who completed, the median total debt including PLUS loans works out to a standard 10-year payment of about $121.97/mo.
Federal data lets us separate Stafford borrowers from the rest at Pennsylvania Institute of Technology.
Borrowers With a Stafford Loan This Year
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 96 | $7,522 |
| No Stafford loan this year | 19 | $6,500 |
These figures turn the debt totals into a monthly repayment picture for Pennsylvania Institute of Technology.
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 Pennsylvania Institute of Technology follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 6.7% |
| Borrowers in the cohort | 876 |
This rate follows a borrower cohort from the start of repayment through the two-year window the Department of Education uses.
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 | $6,334 |
| Middle income | $6,131 |
| High income | $5,500 |
First-Gen vs Continuing-Gen Borrowing
| Cohort | Median federal debt |
|---|---|
| First-generation students | $6,334 |
| Continuing-generation students | $5,502 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,958 |
| Independent students | $6,334 |
These pre-calculated indicators summarize the borrowing gaps between cohorts at Pennsylvania Institute of Technology.
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.