by our College Data Analytics TeamBelow is federal data on the loans students use to pay for Reinhardt University— 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.
Among first-year students at Reinhardt University, 70% of first-year students take on loan debt, at roughly $7,328 each — a figure that counts both private and federal student loans.
The average federally funded loan is $5,082, which is 92.4% of the $5,500 federal limit that applies to a typical first-year dependent borrower. 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 Reinhardt University, 60% rely on federal student loans toward their education, borrowing on average $6,152 a year. That is 21.1% higher than the $5,082 borrowed by freshmen.
Borrowing the same amount each year would add up to roughly $12,304 after two years and $24,608 by the fourth year. This assumes steady federal borrowing and leaves out private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 60% |
| Average federal loan per year | $6,152 |
| Undergraduates with a federal loan | 609 |
| Total federal loans (one year) | $3,746,382 |
The median student at Reinhardt University borrows $13,156 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $13,156 |
| Students who completed (graduates) | $23,900 |
| Students who withdrew | $7,200 |
Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.
Looking only at the median is misleading — these four percentiles describe the full debt distribution for borrowers at Reinhardt University.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,500 |
| 25th percentile | $5,500 |
| 75th percentile | $22,750 |
| 90th percentile (highest-debt students) | $31,500 |
The gap between the 10th and 90th percentile is the clearest single measure of how widely borrowing varies at Reinhardt University.
Median federal debt understates the full cost when PLUS loans are included. The totals below add PLUS borrowing for Reinhardt University.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 240 | $19,489 |
| Completed (graduates) | 105 | $25,000 |
| Did not complete | 135 | $17,000 |
Completers face an estimated standard 10-year monthly payment on their PLUS-inclusive debt of roughly $297.28/mo.
The split below distinguishes Stafford borrowers from non-Stafford borrowers at Reinhardt University.
Stafford This Year vs Not
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 227 | — |
| No Stafford loan this year | 13 | — |
Repayment burden translates the debt figures into what a borrower actually pays each month. Reinhardt University.
A loan default — failing to keep up with federal student-loan payments — is one of the worst financial outcomes a borrower can face. The official Department of Education two-year default rate for Reinhardt University follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 5.2% |
| Borrowers in the cohort | 361 |
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 | $12,885 |
| Middle income | $14,250 |
| High income | $13,141 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $14,000 |
| Continuing-generation students | $13,000 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $12,000 |
| Independent students | $16,127 |
These pre-calculated indicators summarize the borrowing gaps between cohorts at Reinhardt University.
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.
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.