by our College Data Analytics TeamBelow is federal data on the loans students use to pay for St. Augustine College: median debt, the percentile spread, total borrowing including PLUS loans, and the cost to repay. These figures are reported by the Department of Education and IPEDS.
For incoming students at St. Augustine College, 5% of incoming students take out a loan to help cover first-year costs, for an average of $3,876 per borrower, covering both private and federal loans.
The typical federal loan comes to $3,876, amounting to 70.5% of the $5,500 first-year borrowing cap for the typical first-year dependent student. Keep in mind the all-undergraduate averages further down count federal loans only, unlike this private-plus-federal freshman figure.
For undergraduates overall at St. Augustine College, 5% take out federal student loans, at an average of $7,705 annually. It comes to 98.8% larger than the $3,876 freshmen take on.
Borrowing the same amount each year would add up to roughly $15,410 over two years and about $30,820 across a four-year program. These figures assume identical federal borrowing each year and omit private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 5% |
| Average federal loan per year | $7,705 |
| Undergraduates with a federal loan | 40 |
| Total federal loans (one year) | $308,183 |
The median student at St. Augustine College borrows $4,136 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $4,136 |
| Students who completed (graduates) | $4,423 |
| Students who withdrew | $3,240 |
Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.
Half of all borrowers fall between the 25th and 75th percentiles shown below for St. Augustine College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 25th percentile | $1,767 |
| 75th percentile | $2,802 |
The indicators below describe what the typical debt costs to pay back at St. Augustine College.
Defaulting means failing to repay a federal student loan, which carries serious credit consequences. The federal two-year cohort default rate for St. Augustine College follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 0% |
| Borrowers in the cohort | 0 |
This rate follows a borrower cohort from the start of repayment through the two-year window the Department of Education uses.
Median debt differs by income tier, first-generation status, and whether the student is financially dependent.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $4,126 |
Dependent vs Independent Borrowers
| Cohort | Median federal debt |
|---|---|
| Dependent students | $3,688 |
| Independent students | $4,318 |
Subsidized vs. 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.
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.