by our College Data Analytics TeamHere you will find what students actually borrow to attend Vance-Granville Community College: 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.
Among first-year students at Vance-Granville Community College, 2% of new students use loans toward freshman-year expenses, at roughly $8,401 each — a figure that counts both private and federal student loans.
Bear in mind the undergraduate averages later on cover federal loans only, whereas this freshman total folds in private loans too.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 0% |
| Undergraduates with a federal loan | 0 |
| Total federal loans (one year) | $0 |
The median student at Vance-Granville Community College borrows $4,750 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $4,750 |
Half of all borrowers fall between the 25th and 75th percentiles shown below for Vance-Granville Community College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,000 |
| 25th percentile | $2,000 |
| 75th percentile | $6,000 |
| 90th percentile (highest-debt students) | $11,842 |
The gap between the 10th and 90th percentile is the clearest single measure of how widely borrowing varies at Vance-Granville Community College.
PLUS loans — taken out by parents or graduate students — add to the total cost of attendance financed by debt at Vance-Granville Community College.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 120 | $7,782 |
| Completed (graduates) | 38 | $6,644 |
| Did not complete | 82 | $8,826 |
On a standard 10-year plan, the median completing borrower would pay about $79.0/mo.
These figures turn the debt totals into a monthly repayment picture for Vance-Granville Community College.
A loan default — failing to keep up with federal student-loan payments — is one of the worst financial outcomes a borrower can face. Two-year cohort default-rate data for Vance-Granville Community College appears below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 0% |
| Borrowers in the cohort | 0 |
The cohort default rate tracks borrowers who entered repayment in a given year and defaulted within the two-year measurement window.
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.
Worth Knowing
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.
References
More about our data sources and methodologies.