by our College Data Analytics TeamBelow is federal data on the loans students use to pay for University of Advancing Technology, including completion-adjusted borrowing and a standard repayment estimate. These figures are reported by the Department of Education and IPEDS.
Looking at the entering class at University of Advancing Technology, 79% of first-year students take on loan debt, borrowing on average $10,499 apiece. This figure includes both private and federally funded student loans.
The average federal loan is $5,703. This meets or exceeds the $5,500 cap on first-year federal borrowing for the typical dependent freshman. Note that average undergraduate loan amounts shown later do not include private loans — so the full freshman figure above is not directly comparable.
Looking at all undergraduates at University of Advancing Technology, freshmen included, 68% rely on federal student loans toward their education, at an average of $7,506 annually. This works out to 31.6% higher than the $5,703 borrowed by freshmen.
Carrying that yearly figure forward comes to roughly $15,012 over two years and about $30,024 over four years. These figures assume identical federal borrowing each year and omit private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 68% |
| Average federal loan per year | $7,506 |
| Undergraduates with a federal loan | 610 |
| Total federal loans (one year) | $4,578,784 |
The median student at University of Advancing Technology borrows $12,000 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $12,000 |
| Students who completed (graduates) | $28,812 |
| Students who withdrew | $8,250 |
Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.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 University of Advancing Technology.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,680 |
| 25th percentile | $6,651 |
| 75th percentile | $31,000 |
| 90th percentile (highest-debt students) | $44,000 |
How wide this percentile range is tells you how much borrowing varies across students at University of Advancing Technology.
Median federal debt understates the full cost when PLUS loans are included. The totals below add PLUS borrowing for University of Advancing Technology.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 206 | $22,130 |
| Completed (graduates) | 81 | $31,707 |
| Did not complete | 125 | $16,844 |
On a standard 10-year plan, the median completing borrower would pay about $377.03/mo.
Federal data lets us separate Stafford borrowers from the rest at University of Advancing Technology.
Borrowers With a Stafford Loan This Year
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 193 | — |
| No Stafford loan this year | 13 | — |
Repayment burden translates the debt figures into what a borrower actually pays each month. University of Advancing Technology.
A loan default — failing to keep up with federal student-loan payments — is one of the worst financial outcomes a borrower can face. The federal two-year cohort default rate for University of Advancing Technology is shown below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 9.0% |
| Borrowers in the cohort | 477 |
A lower default rate generally signals that graduates earn enough to manage their loan payments.
Borrowing varies by family income, by first-generation status, and by dependency status.
Borrowing by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $9,500 |
| Middle income | $14,125 |
| High income | $15,000 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $11,000 |
| Continuing-generation students | $14,000 |
Dependent vs Independent Borrowers
| Cohort | Median federal debt |
|---|---|
| Dependent students | $14,000 |
| Independent students | $9,500 |
The Department of Education computes gap indicators that show how borrowing differs between student groups at University of Advancing Technology.
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.
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.