by our College Data Analytics TeamBelow is federal data on the loans students use to pay for St Cloud Technical and Community College— 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.
For incoming students at St Cloud Technical and Community College, 35% of new students use loans toward freshman-year expenses, at roughly $5,408 per borrower, covering both private and federal loans.
The average federal loan is $4,864, amounting to 88.4% 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.
Across the full undergraduate body at St Cloud Technical and Community College (freshmen included), 29% use federal student loans to help pay for their education, at an average of $5,948 in federal loans per year. That is 22.3% larger than the $4,864 typical freshmen borrow.
Borrowing at that rate every year works out to about $11,896 across two years and $23,792 over four years. This assumes steady federal borrowing and leaves out private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 29% |
| Average federal loan per year | $5,948 |
| Undergraduates with a federal loan | 821 |
| Total federal loans (one year) | $4,883,561 |
The median student at St Cloud Technical and Community College borrows $8,265 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $8,265 |
| Students who completed (graduates) | $12,000 |
| Students who withdrew | $6,104 |
Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.
The median hides the spread, so the percentiles below show cumulative federal debt at four points in the distribution for St Cloud Technical and Community College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,465 |
| 25th percentile | $4,000 |
| 75th percentile | $13,000 |
| 90th percentile (highest-debt students) | $22,613 |
How wide this percentile range is tells you how much borrowing varies across students at St Cloud Technical and Community College.
The figures above count only the students own federal loans. Adding PLUS loans (borrowed by parents or graduate students) gives a fuller picture of total borrowing at St Cloud Technical and Community College.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 176 | $9,651 |
| Completed (graduates) | 63 | $10,000 |
| Did not complete | 113 | $9,112 |
Completers face an estimated standard 10-year monthly payment on their PLUS-inclusive debt of roughly $118.91/mo.
Stafford loans are the federal direct-loan program most undergraduates use. The breakdown below separates borrowers who used Stafford loans from those who did not at St Cloud Technical and Community College.
Stafford This Year vs Not
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 117 | $9,100 |
| No Stafford loan this year | 59 | $10,500 |
Repayment burden translates the debt figures into what a borrower actually pays each month. St Cloud Technical and Community College.
Defaulting means failing to repay a federal student loan, which carries serious credit consequences. The official Department of Education two-year default rate for St Cloud Technical and Community College is shown below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 10.0% |
| Borrowers in the cohort | 1566 |
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 | $9,077 |
| Middle income | $8,250 |
| High income | $7,485 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $8,673 |
| Continuing-generation students | $8,000 |
Dependent vs Independent Borrowers
| Cohort | Median federal debt |
|---|---|
| Dependent students | $6,500 |
| Independent students | $10,500 |
Federal data publishes the following gap measures for St Cloud Technical and Community College.
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?
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.