by our College Data Analytics TeamBelow is federal data on the loans students use to pay for University of North Carolina at Greensboro, including completion-adjusted borrowing and a standard repayment estimate. These figures are reported by the Department of Education and IPEDS.
At UNC Greensboro specifically, 52% of incoming undergraduates borrow in year one, borrowing on average $6,059 per student, private and federal loans combined.
The average federally funded loan is $5,182, which is 94.2% of the $5,500 first-year federal borrowing limit for a typical dependent freshman. Remember the all-undergraduate figures below leave out private loans, so they will look lower than this private-plus-federal freshman amount.
Among all degree-seeking undergrads at UNC Greensboro, 47% use federal student loans to help pay for their education, with a mean of $6,555 annually. That is 26.5% greater than the $5,182 freshmen take on.
Carrying that yearly figure forward comes to roughly $13,110 by year two and around $26,220 over a four-year span. These figures assume identical federal borrowing each year and omit private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 47% |
| Average federal loan per year | $6,555 |
| Undergraduates with a federal loan | 6,476 |
| Total federal loans (one year) | $42,453,013 |
The median student at UNC Greensboro borrows $16,750 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $16,750 |
| Students who completed (graduates) | $22,858 |
| Students who withdrew | $8,991 |
The figure for students who withdrew is worth watching: debt without a completed credential is the hardest to repay.
The median hides the spread, so the percentiles below show cumulative federal debt at four points in the distribution for UNC Greensboro.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,500 |
| 25th percentile | $6,250 |
| 75th percentile | $25,416 |
| 90th percentile (highest-debt students) | $31,111 |
The spread between the lowest- and highest-debt deciles summarizes how variable outcomes are at UNC Greensboro.
Median federal debt understates the full cost when PLUS loans are included. The totals below add PLUS borrowing for UNC Greensboro.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 2353 | $13,321 |
| Completed (graduates) | 1451 | $14,638 |
| Did not complete | 902 | $11,901 |
For students who completed, the median total debt including PLUS loans works out to a standard 10-year payment of about $174.06/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 UNC Greensboro.
Stafford vs Non-Stafford (any year)
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Used a Stafford loan | 2335 | — |
| No Stafford loan | 18 | — |
Borrowers With a Stafford Loan This Year
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 2169 | $13,224 |
| No Stafford loan this year | 184 | $15,144 |
Repayment burden translates the debt figures into what a borrower actually pays each month. UNC Greensboro.
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 UNC Greensboro appears below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 5.6% |
| Borrowers in the cohort | 3860 |
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 | $16,298 |
| Middle income | $17,520 |
| High income | $16,500 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $16,992 |
| Continuing-generation students | $16,055 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $16,751 |
| Independent students | $16,464 |
These pre-calculated indicators summarize the borrowing gaps between cohorts at UNC Greensboro.
Subsidized vs. 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.
Did You Know?
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.