State University of New York at New Paltz Student Loan Debt

Here you will find what students actually borrow to attend State University of New York at New Paltz, including completion-adjusted borrowing and a standard repayment estimate. These figures are reported by the Department of Education and IPEDS.

Freshman Loans
Average Undergraduate Loans
How Much Students Borrow
How Debt Is Distributed
Total Borrowing Including PLUS Loans
Borrowing by Loan Type
Repayment Burden
Student Loan Default Rates
Who Borrows the Most
Debt Equity Indicators
Understanding Student Loans
References

Freshman Loans at State University of New York at New Paltz

At SUNY New Paltz, 54% of new students use loans toward freshman-year expenses, for an average of $7,107 each — a figure that counts both private and federal student loans.

The average federal loan is $5,208, representing 94.7% of the $5,500 first-year borrowing cap for the typical first-year dependent student. Be aware: the undergraduate-wide averages below exclude private loans, while this freshman number includes them.

Typical Undergraduate Borrowing at State University of New York at New Paltz

For undergraduates overall at SUNY New Paltz, 45% borrow through federal student loan programs, at an average of $6,336 per year. That is 21.7% higher than the $5,208 freshmen take on.

Borrowing at that rate every year works out to about $12,672 across two years and $25,344 across a four-year program. The estimate holds federal borrowing constant and does not count private or Parent PLUS loans.

Undergraduate federal borrowing	Value
Share using federal loans	45%
Average federal loan per year	$6,336
Undergraduates with a federal loan	2,732
Total federal loans (one year)	$17,308,600

How Much Students Borrow at State University of New York at New Paltz

The median student at SUNY New Paltz borrows $15,000 in federal borrowing.

Borrower group	Median federal debt
All federal borrowers	$15,000
Students who completed (graduates)	$18,750
Students who withdrew	$11,750

Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.

Debt Spread by Percentile

The median hides the spread, so the percentiles below show cumulative federal debt at four points in the distribution for SUNY New Paltz.

Percentile	Cumulative Federal Debt
10th percentile (lowest-debt students)	$4,500
25th percentile	$7,500
75th percentile	$24,282
90th percentile (highest-debt students)	$29,800

How wide this percentile range is tells you how much borrowing varies across students at SUNY New Paltz.

Borrowing Including Parent and Grad PLUS Loans at State University of New York at New Paltz

PLUS loans — taken out by parents or graduate students — add to the total cost of attendance financed by debt at SUNY New Paltz.

Group	Borrowers	Median debt incl. PLUS
All borrowers	1280	$20,016
Completed (graduates)	702	$23,871
Did not complete	578	$17,158

For students who completed, the median total debt including PLUS loans works out to a standard 10-year payment of about $283.85/mo.

Borrowing by Loan Type at State University of New York at New Paltz

Federal data lets us separate Stafford borrowers from the rest at SUNY New Paltz.

Any-Stafford Borrowers

Cohort	Borrowers	Median debt incl. PLUS
Used a Stafford loan	1260	$20,352
No Stafford loan	20	$10,623

Current-Year Stafford Borrowers

Cohort	Borrowers	Median debt incl. PLUS
Stafford loan this year	1157	$20,650
No Stafford loan this year	123	$15,885

Repayment Burden at State University of New York at New Paltz

These figures turn the debt totals into a monthly repayment picture for SUNY New Paltz.

Typical monthly payment (10-year plan): $198.78/mo for completing borrowers on a standard schedule
Debt burden category: Low ($10-20k)
Distribution range: approximately $25,300 between the lowest- and highest-debt typical-borrower cohort

How Often Borrowers Default at State University of New York at New Paltz

Defaulting means failing to repay a federal student loan, which carries serious credit consequences. Two-year cohort default-rate data for SUNY New Paltz appears below.

Metric	Value
2-year cohort default rate	3.8%
Borrowers in the cohort	1553

The cohort default rate tracks borrowers who entered repayment in a given year and defaulted within the two-year measurement window.

How Borrowing Varies by Student Group at State University of New York at New Paltz

The breakdowns below show median federal debt by income, first-generation status, and dependency.

By Family Income

Income tier	Median federal debt
Low income	$16,250
Middle income	$15,000
High income	$15,000

First-Gen vs Continuing-Gen Borrowing

Cohort	Median federal debt
First-generation students	$15,500
Continuing-generation students	$15,000

Dependency-Status Comparison

Cohort	Median federal debt
Dependent students	$15,000
Independent students	$15,533

Calculated Equity Indicators for State University of New York at New Paltz

Federal data publishes the following gap measures for SUNY New Paltz.

Pell-vs-not-Pell debt gap: $2,490
First-gen vs continuing-gen differential: $500
Difference between income tiers: $1,250
Difference in median debt by gender: $-250
Flagged for Pell-recipient debt inequity: Yes — federal data flags this school for above-typical Pell-recipient debt inequity

Understanding Student Loans

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?

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.

Links for More Information

References

More about our data sources and methodologies.