by our College Data Analytics TeamHere you will find what students actually borrow to attend ZMS The Academy, including completion-adjusted borrowing and a standard repayment estimate. All figures come from the U.S. Department of Education and IPEDS.
For incoming students at ZMS The Academy, 1% of first-year students take on loan debt, with a typical loan of $5,843 apiece. This figure includes both private and federally funded student loans.
On the federal side, the average loan is $5,843. This reaches or tops the $5,500 first-year federal borrowing cap for a typical dependent student. Remember the all-undergraduate figures below leave out private loans, so they will look lower than this private-plus-federal freshman amount.
Across the full undergraduate body at ZMS The Academy (freshmen included), 2% take out federal student loans, for a typical $1,461 per year. This is 75.0% under the first-year federal average of $5,843.
Carrying that yearly figure forward comes to roughly $2,922 over two years and about $5,844 by the fourth year. The estimate holds federal borrowing constant and does not count private or Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 2% |
| Average federal loan per year | $1,461 |
| Undergraduates with a federal loan | 4 |
| Total federal loans (one year) | $5,843 |
The middle borrower at ZMS The Academy owes $3,666 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $3,666 |
These figures turn the debt totals into a monthly repayment picture for ZMS The Academy.
Federal data publishes the following gap measures for ZMS The Academy.
The Difference Between Subsidized and 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.