by our College Data Analytics TeamHere you will find what students actually borrow to attend SUM Bible College and Theological Seminary— 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 School of Urban Missions, 27% of incoming undergraduates borrow in year one, for an average of $2,594 apiece. This figure includes both private and federally funded student loans.
The average federally funded loan is $2,594, representing 47.2% of the $5,500 first-year borrowing cap for the typical first-year dependent student. Bear in mind the undergraduate averages later on cover federal loans only, whereas this freshman total folds in private loans too.
Counting every undergraduate at School of Urban Missions, 44% take out federal student loans, at an average of $7,688 per year. That is 196.4% more than the freshman federal average of $2,594.
Borrowing the same amount each year would add up to roughly $15,376 by year two and around $30,752 over a four-year span. This projection keeps yearly federal borrowing flat and excludes private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 44% |
| Average federal loan per year | $7,688 |
| Undergraduates with a federal loan | 137 |
| Total federal loans (one year) | $1,053,319 |
The middle borrower at School of Urban Missions owes $13,815 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $13,815 |
| Students who completed (graduates) | $26,677 |
| Students who withdrew | $6,450 |
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 School of Urban Missions.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,167 |
| 25th percentile | $5,756 |
| 75th percentile | $24,500 |
| 90th percentile (highest-debt students) | $38,518 |
How wide this percentile range is tells you how much borrowing varies across students at School of Urban Missions.
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 School of Urban Missions.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 36 | $7,103 |
Repayment burden translates the debt figures into what a borrower actually pays each month. School of Urban Missions.
The default rate measures how many borrowers fall behind and ultimately fail to repay their federal loans. The federal two-year cohort default rate for School of Urban Missions appears below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 6.8% |
| Borrowers in the cohort | 58 |
The cohort default rate tracks borrowers who entered repayment in a given year and defaulted within the two-year measurement window.
Borrowing varies by family income, by first-generation status, and by dependency status.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $11,441 |
| Middle income | $16,551 |
| High income | $14,883 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $12,674 |
| Continuing-generation students | $16,551 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $14,064 |
| Independent students | $12,917 |
These pre-calculated indicators summarize the borrowing gaps between cohorts at School of Urban Missions.
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
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.