by our College Data Analytics TeamHere you will find what students actually borrow to attend University of Rio Grande— 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.
Looking at the entering class at University of Rio Grande, 39% of incoming undergraduates borrow in year one, averaging $7,132 each — a figure that counts both private and federal student loans.
The typical federal loan comes to $6,785. This is at or above the $5,500 first-year federal borrowing cap that applies to the typical dependent freshman. Be aware: the undergraduate-wide averages below exclude private loans, while this freshman number includes them.
Counting every undergraduate at University of Rio Grande, 81% use federal student loans to help pay for their education, at an average of $6,217 in federal loans per year. This is 8.4% less than the freshman federal average of $6,785.
Carrying that yearly figure forward comes to roughly $12,434 over two years and about $24,868 by the fourth year. This assumes steady federal borrowing and leaves out private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 81% |
| Average federal loan per year | $6,217 |
| Undergraduates with a federal loan | 1,073 |
| Total federal loans (one year) | $6,671,099 |
The middle borrower at University of Rio Grande owes $11,750 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $11,750 |
| Students who completed (graduates) | $17,750 |
| Students who withdrew | $5,500 |
Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.
The median hides the spread, so the percentiles below show cumulative federal debt at four points in the distribution for University of Rio Grande.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,750 |
| 25th percentile | $4,750 |
| 75th percentile | $22,776 |
| 90th percentile (highest-debt students) | $36,584 |
The spread between the lowest- and highest-debt deciles summarizes how variable outcomes are at University of Rio Grande.
PLUS loans — taken out by parents or graduate students — add to the total cost of attendance financed by debt at University of Rio Grande.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 177 | $13,760 |
| Completed (graduates) | 81 | $15,400 |
| Did not complete | 96 | $10,000 |
Completers face an estimated standard 10-year monthly payment on their PLUS-inclusive debt of roughly $183.12/mo.
Federal data lets us separate Stafford borrowers from the rest at University of Rio Grande.
Stafford This Year vs Not
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 138 | $12,354 |
| No Stafford loan this year | 39 | $15,200 |
These figures turn the debt totals into a monthly repayment picture for University of Rio Grande.
A loan default — failing to keep up with federal student-loan payments — is one of the worst financial outcomes a borrower can face. The official Department of Education two-year default rate for University of Rio Grande follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 15.0% |
| Borrowers in the cohort | 950 |
The cohort default rate tracks borrowers who entered repayment in a given year and defaulted within the two-year measurement window.
The breakdowns below show median federal debt by income, first-generation status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $10,250 |
| Middle income | $13,000 |
| High income | $13,250 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $11,750 |
| Continuing-generation students | $12,250 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $11,000 |
| Independent students | $13,000 |
The Department of Education computes gap indicators that show how borrowing differs between student groups at University of Rio Grande.
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.
Did You Know?
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.