Federal Loan Debts for UndergraduateStudents

These figures are for students who completed their undergraduate degrees during the past five academic years..

Academic Term Number of Borrowers Number of Graduates Average Loan Debt
July 2006-May 2007 359 574 $21,020.29
July 2005-May 2006
255

415

 $19,625.00
July 2004-May 2005
459

767

 $20,616.36
July 2003-May 2004
463 758 $18,542.63
July 2002-May 2003
449 788 $18,125.15
     

"What does this mean to me?"

There are a number of online calculators that will help you organize your finances as you leave school. Check these sites for more information:

 

 

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Office of Scholarships and Financial Aid • Campus Box 206 • 6363 St. Charles Avenue • New Orleans, LA 70118-6195 • Location: Marquette Hall Room 110 • Office Hours: Mon.-Fri., 8:30 a.m. - 4:45 p.m.; Wed., 8:30 a.m. - 6 p.m. • Phone: 504-865-3231 • Fax: 504-865-3233 • E-mail: finaid@loyno.edu

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Revised: November 1, 2007