The median original amount of the loan principal accumulated at the institution upon entering repayment. [Variable name in College Scorecard data is "DEBT_MEDN"]. These figures represent federal loans. Non-federal loans and federal loans not made to the student (e.g. Parent PLUS loans) are not included.

A 3-year cohort default rate is the percentage of a school's borrowers (completers and non-completers) who enter repayment on certain Federal Family Education Loan (FFEL) Program or William D. Ford Federal Direct Loan (Direct Loan) Program loans during a particular federal fiscal year, October 1st to September 30th, and default or meet other specified conditions prior to the end of the second following fiscal year. [Variable name in College Scorecard data is "crd3".] The data associated with each year are behind such that rates reported for 2018-19 depicts the default rates of borrowers who entered repayment between Oct. 1st 2016, to Sept. 30th, 2017.

The data for these reports comes from College Scorecard data and these are the variables that correspond to the values displayed.

• Variables:
  • Student Debt: 
    • debt_mdn (Overall Student Debt): Median original amount of the loan principal upon entering repayment.
    • grad_debt_mdn (Graduate Debt):  Median debt for students who have completed their award.
  • 3 Year Default Rate:
    
    • cdr3: 3 year default rate.

Percent of undergraduate students awarded Pell grant aid: From among 1) all undergraduate degree/certificate-seeking students and 2) just first-time full-time undergraduate students (sub-group of item 1).

Pell Grant program (Higher Education Act of 1965, Title IV) Provides grant assistance to eligible undergraduate postsecondary students with demonstrated financial need to help meet education expenses.

Undergraduate - A student enrolled in a 4- or 5-year bachelor's degree program, an associate's degree program, or a vocational or technical program below the baccalaureate.

Full-time student (Undergraduate) - A student enrolled for 12 or more semester credits, or 12 or more quarter credits, or 24 or more clock hours a week each term.

First-time student (undergraduate) - A student attending any institution for the first time at the undergraduate level.

Loans to students - Any monies that must be repaid to the lending institution for which the student is the designated borrower. Includes all Title IV subsidized and unsubsidized loans. Does not include PLUS and other loans made directly to parents.

Undergraduate - A student enrolled in a 4- or 5-year bachelor's degree program, an associate's degree program, or a vocational or technical program below the bachelor's.

The data from this report comes from IPEDs data files, sfa[acadmic year] (ex. sfa2122). They display the number of full-time, first-time degree/certificate-seeking undergraduates at both four year and two year institutions who were awarded different types financial aid, including grants, and loans. Sources and types of aid reported for full-time, first-time degree/certificate-seeking undergraduate students include Federal Pell grants, other federal grants, state/local grants, grants from the institution, federal and nonfederal student loans.

• Variables:
  • Federal Loans Variables:
    • UFLOANP: Percent of undergraduate students awarded federal student loans.
    • FLOANP Percent of full-time first-time undergraduates awarded federal student loans.
  • Pell Loans Variables:
    • UPGRNTP: Percent of undergraduate students awarded Federal Pell grants.
    • PGRNTP: Percent of full-time first-time undergraduates awarded Pell grants.