by our College Data Analytics TeamThis page focuses on the debt students take on to attend State College of Florida-Manatee-Sarasota— how much they borrow, how that debt is spread across the student body, and what it costs to pay back. All figures come from the U.S. Department of Education and IPEDS.
For incoming students at State College of Florida - Manatee - Sarasota, 7% of incoming students take out a loan to help cover first-year costs, at roughly $4,750 each — a figure that counts both private and federal student loans.
On the federal side, the average loan is $4,726, which is 85.9% of the $5,500 first-year federal borrowing limit for a typical dependent freshman. Remember the all-undergraduate figures below leave out private loans, so they will look lower than this private-plus-federal freshman amount.
Looking at all undergraduates at State College of Florida - Manatee - Sarasota, freshmen included, 10% rely on federal student loans toward their education, at an average of $5,598 annually. This works out to 18.5% higher than the $4,726 borrowed by freshmen.
Borrowing at that rate every year works out to about $11,196 by year two and around $22,392 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 | 10% |
| Average federal loan per year | $5,598 |
| Undergraduates with a federal loan | 694 |
| Total federal loans (one year) | $3,885,129 |
The middle borrower at State College of Florida - Manatee - Sarasota owes $5,720 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $5,720 |
| Students who completed (graduates) | $9,000 |
| Students who withdrew | $5,500 |
Debt carried by students who withdrew is a key risk signal — these borrowers owe money without having earned the credential.
Looking only at the median is misleading — these four percentiles describe the full debt distribution for borrowers at State College of Florida - Manatee - Sarasota.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,750 |
| 25th percentile | $2,861 |
| 75th percentile | $11,500 |
| 90th percentile (highest-debt students) | $23,800 |
The spread between the lowest- and highest-debt deciles summarizes how variable outcomes are at State College of Florida - Manatee - Sarasota.
PLUS loans — taken out by parents or graduate students — add to the total cost of attendance financed by debt at State College of Florida - Manatee - Sarasota.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 404 | $12,200 |
| Completed (graduates) | 38 | $7,621 |
| Did not complete | 366 | $13,017 |
For students who completed, the median total debt including PLUS loans works out to a standard 10-year payment of about $90.62/mo.
The split below distinguishes Stafford borrowers from non-Stafford borrowers at State College of Florida - Manatee - Sarasota.
Current-Year Stafford Borrowers
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 134 | $11,057 |
| No Stafford loan this year | 270 | $13,202 |
The indicators below describe what the typical debt costs to pay back at State College of Florida - Manatee - Sarasota.
A loan default — failing to keep up with federal student-loan payments — is one of the worst financial outcomes a borrower can face. Two-year cohort default-rate data for State College of Florida - Manatee - Sarasota is shown below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 16.0% |
| Borrowers in the cohort | 2266 |
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.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $6,750 |
| Middle income | $5,500 |
| High income | $5,500 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $5,946 |
| Continuing-generation students | $5,500 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,250 |
| Independent students | $8,000 |
These pre-calculated indicators summarize the borrowing gaps between cohorts at State College of Florida - Manatee - Sarasota.
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
Declaring bankruptcy does not erase federal student loan debt. If you stop paying, the federal government can garnish a portion of your wages until the loans are repaid.
References
More about our data sources and methodologies.