Tennessee Independent Colleges
and Universities Association

Private Colleges Serving Tennessee

 Average Annual Federal Loan Amounts and
Percent of Undergraduate Students Receiving Loans, 2011-12

During the 2011-12 Academic Year, 59% of students at TICUA member institutions took out federal loans to pay for their tuition and related expenses. The average annual loan amount which they borrowed was $6,877. 

Source:  US Department of Education, National Center for Education Statistics, Integrated Postsecondary Education Data Systems (IPEDS) "Student Financial Aid" survey, 2012 (accessed April 2014)

The US Department of Education defines loans to include 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 and all institutionally- and privately-sponsored loans. Does not include PLUS and other loans made directly to parents.

Message from TICUA President Claude Pressnell: This message is part of an ongoing series of charts from the Tennessee Independent Colleges and Universities Association highlighting the impact of our 34 member campuses. We hope that you will find this information helpful.

Previous TICUA Facts are available on the TICUA website: http://www.ticua.org/research/TICUA_Facts

Please contact us for additional information either by phone at 615-242-6400 or email at research@ticua.org.