by our College Data Analytics TeamHere you will find what students actually borrow to attend Saint Michael College of Allied Health— how much they borrow, how that debt is spread across the student body, and what it costs to pay back. The data below is drawn directly from federal sources.
At Saint Michael College of Allied Health, 87% of incoming undergraduates borrow in year one, averaging $8,662 per borrower, covering both private and federal loans.
The typical federal loan comes to $8,662. This is at or above the $5,500 first-year federal borrowing cap that applies to the typical dependent freshman. Keep in mind the all-undergraduate averages further down count federal loans only, unlike this private-plus-federal freshman figure.
Among all degree-seeking undergrads at Saint Michael College of Allied Health, 22% finance part of their studies with federal loans, for a typical $9,933 a year. This works out to 14.7% greater than the $8,662 freshmen take on.
Borrowing at that rate every year works out to about $19,866 by year two and around $39,732 by the fourth year. These projections assume the same federal borrowing each year and exclude private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 22% |
| Average federal loan per year | $9,933 |
| Undergraduates with a federal loan | 27 |
| Total federal loans (one year) | $268,200 |
The middle borrower at Saint Michael College of Allied Health owes $15,187 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $15,187 |
| Students who completed (graduates) | $17,713 |
| Students who withdrew | $9,500 |
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 Saint Michael College of Allied Health.
| Percentile | Cumulative Federal Debt |
|---|---|
| 25th percentile | $7,000 |
| 75th percentile | $14,000 |
These figures turn the debt totals into a monthly repayment picture for Saint Michael College of Allied Health.
The breakdowns below show median federal debt by income, first-generation status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $17,713 |
The Difference Between 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?
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.