by our College Data Analytics TeamThis page focuses on the debt students take on to attend Saint Anselm College, including completion-adjusted borrowing and a standard repayment estimate. These figures are reported by the Department of Education and IPEDS.
At St. Anselm College specifically, 71% of freshmen borrow to help pay for their first year, with a typical loan of $10,384 each — a figure that counts both private and federal student loans.
Federal loans alone average $5,434, which is 98.8% of the typical first-year dependent student borrowing cap of $5,500. Be aware: the undergraduate-wide averages below exclude private loans, while this freshman number includes them.
Among all degree-seeking undergrads at St. Anselm College, 69% take out federal student loans, for a typical $6,528 annually. It comes to 20.1% larger than the first-year federal average of $5,434.
Repeating that yearly amount projects to about $13,056 in two years and roughly $26,112 after four. These figures assume identical federal borrowing each year and omit private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 69% |
| Average federal loan per year | $6,528 |
| Undergraduates with a federal loan | 1,406 |
| Total federal loans (one year) | $9,177,957 |
The median student at St. Anselm College borrows $26,987 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $26,987 |
| Students who completed (graduates) | $27,000 |
| Students who withdrew | $5,500 |
Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.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 St. Anselm College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $5,500 |
| 25th percentile | $12,000 |
| 75th percentile | $27,000 |
| 90th percentile (highest-debt students) | $33,500 |
The spread between the lowest- and highest-debt deciles summarizes how variable outcomes are at St. Anselm College.
Median federal debt understates the full cost when PLUS loans are included. The totals below add PLUS borrowing for St. Anselm College.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 168 | $52,248 |
| Completed (graduates) | 139 | $59,736 |
| Did not complete | 29 | $24,574 |
Completers face an estimated standard 10-year monthly payment on their PLUS-inclusive debt of roughly $710.32/mo.
Repayment burden translates the debt figures into what a borrower actually pays each month. St. Anselm College.
A loan default — failing to keep up with federal student-loan payments — is one of the worst financial outcomes a borrower can face. The federal two-year cohort default rate for St. Anselm College appears below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 1.3% |
| Borrowers in the cohort | 511 |
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 | $26,681 |
| Middle income | $26,000 |
| High income | $27,000 |
First-Gen vs Continuing-Gen Borrowing
| Cohort | Median federal debt |
|---|---|
| First-generation students | $26,533 |
| Continuing-generation students | $27,000 |
Federal data publishes the following gap measures for St. Anselm College.
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.
Worth Knowing
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.