University of Maine at Fort Kent Student Loan Debt

Here you will find what students actually borrow to attend University of Maine at Fort Kent: median debt, the percentile spread, total borrowing including PLUS loans, and the cost to repay. 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

What Incoming Students Borrow at University of Maine at Fort Kent

Among first-year students at UMFK, 37% of first-year students take on loan debt, at roughly $5,601 apiece. This figure includes both private and federally funded student loans.

Federal loans alone average $4,875, representing 88.6% of the $5,500 first-year borrowing cap for the typical first-year dependent student. Keep in mind the all-undergraduate averages further down count federal loans only, unlike this private-plus-federal freshman figure.

Average Undergraduate Loans at University of Maine at Fort Kent

For undergraduates overall at UMFK, 37% borrow through federal student loan programs, borrowing on average $6,576 in federal loans per year. That is 34.9% above the first-year federal average of $4,875.

Borrowing the same amount each year would add up to roughly $13,152 over two years and about $26,304 across a four-year program. These figures assume identical federal borrowing each year and omit private and Parent PLUS loans.

Undergraduate federal borrowing	Value
Share using federal loans	37%
Average federal loan per year	$6,576
Undergraduates with a federal loan	238
Total federal loans (one year)	$1,565,004

Median Student Borrowing for University of Maine at Fort Kent

The middle borrower at UMFK owes $12,778 in federal student loans.

Borrower group	Median federal debt
All federal borrowers	$12,778
Students who completed (graduates)	$20,160
Students who withdrew	$8,250

Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.

Debt Spread by Percentile

Half of all borrowers fall between the 25th and 75th percentiles shown below for UMFK.

Percentile	Cumulative Federal Debt
10th percentile (lowest-debt students)	$2,750
25th percentile	$5,500
75th percentile	$22,300
90th percentile (highest-debt students)	$28,553

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

Total Borrowing Including PLUS Loans at University of Maine at Fort Kent

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

Group	Borrowers	Median debt incl. PLUS
All borrowers	97	$10,400
Completed (graduates)	33	$11,138
Did not complete	64	$10,241

On a standard 10-year plan, the median completing borrower would pay about $132.44/mo.

Stafford vs Other Federal Borrowing at University of Maine at Fort Kent

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 UMFK.

Borrowers With a Stafford Loan This Year

Cohort	Borrowers	Median debt incl. PLUS
Stafford loan this year	57	$10,724
No Stafford loan this year	40	$10,269

Repayment Burden at University of Maine at Fort Kent

The indicators below describe what the typical debt costs to pay back at UMFK.

Typical monthly payment (10-year plan): $213.73/mo for completing borrowers on a standard schedule
Overall burden tier: Low ($10-20k)
Distribution range: approximately $25,803 between the lowest- and highest-debt typical-borrower cohort

Student Loan Default Rates at University of Maine at Fort Kent

The default rate measures how many borrowers fall behind and ultimately fail to repay their federal loans. Two-year cohort default-rate data for UMFK is shown below.

Metric	Value
2-year cohort default rate	12.0%
Borrowers in the cohort	191

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

Median Debt by Student Group at University of Maine at Fort Kent

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

By Family Income

Income tier	Median federal debt
Low income	$14,750
Middle income	$12,250
High income	$12,500

First-Generation Comparison

Cohort	Median federal debt
First-generation students	$12,500
Continuing-generation students	$14,000

Dependency-Status Comparison

Cohort	Median federal debt
Dependent students	$11,770
Independent students	$14,928

Debt Equity Indicators at University of Maine at Fort Kent

Federal data publishes the following gap measures for UMFK.

Pell-vs-not-Pell debt gap: $1,533
Difference for first-generation students: $-1,500
Spread across income brackets: $2,250
Difference in median debt by gender: $1,836
Pell-debt inequity flag: Yes — federal data flags this school for above-typical Pell-recipient debt inequity

Understanding Student Loans

Subsidized vs. 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.

Important to Remember

Unlike most other debt, federal student loans generally survive bankruptcy — and unpaid balances can lead to wage garnishment — so borrow only what you truly need.

Official Links and Resources

References

More about our data sources and methodologies.