by our College Data Analytics TeamBelow is federal data on the loans students use to pay for Trine University-Regional/Non-Traditional Campuses, including completion-adjusted borrowing and a standard repayment estimate. These figures are reported by the Department of Education and IPEDS.
For incoming students at Trine, 67% of incoming undergraduates borrow in year one, with a typical loan of $3,100 per student, private and federal loans combined.
The average federally funded loan is $3,100, equal to roughly 56.4% 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 Trine (freshmen included), 32% borrow through federal student loan programs, for a typical $5,966 per year. It comes to 92.5% above the $3,100 freshmen take on.
At a steady annual pace, that totals around $11,932 by year two and around $23,864 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 | 32% |
| Average federal loan per year | $5,966 |
| Undergraduates with a federal loan | 87 |
| Total federal loans (one year) | $519,063 |
The middle borrower at Trine owes $18,500 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $18,500 |
| Students who completed (graduates) | $25,000 |
| Students who withdrew | $5,500 |
Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.
Half of all borrowers fall between the 25th and 75th percentiles shown below for Trine.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,524 |
| 25th percentile | $6,000 |
| 75th percentile | $27,000 |
| 90th percentile (highest-debt students) | $31,000 |
The gap between the 10th and 90th percentile is the clearest single measure of how widely borrowing varies at Trine.
PLUS loans — taken out by parents or graduate students — add to the total cost of attendance financed by debt at Trine.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 411 | $25,000 |
| Completed (graduates) | 271 | $32,897 |
| Did not complete | 140 | $14,980 |
Completers face an estimated standard 10-year monthly payment on their PLUS-inclusive debt of roughly $391.18/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 Trine.
Borrowers With a Stafford Loan This Year
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 390 | $25,071 |
| No Stafford loan this year | 21 | $15,201 |
These figures turn the debt totals into a monthly repayment picture for Trine.
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 Trine is shown below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 5.3% |
| Borrowers in the cohort | 618 |
The cohort default rate tracks borrowers who entered repayment in a given year and defaulted within the two-year measurement window.
Median debt differs by income tier, first-generation status, and whether the student is financially dependent.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $14,250 |
| Middle income | $18,622 |
| High income | $19,500 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $17,000 |
| Continuing-generation students | $19,500 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $19,500 |
| Independent students | $12,175 |
These pre-calculated indicators summarize the borrowing gaps between cohorts at Trine.
Subsidized and Unsubsidized Loans
Subsidized loans pause interest while you are in school; unsubsidized loans do not. That difference compounds over four years, so the type of loan you take matters as much as the amount.
Worth Knowing
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.