Federal Student Loan Repayment

Payments for federal student loans typically begin six months after ceasing enrollment at Colgate University. Learn more below about recommended actions and repayment plan options.

Steps To Take

  • Use your FSA ID to log in to StudentAid.gov.
  • Confirm your student loan servicer. In the “My Aid” section, select “View loan servicer details".
  • Log onto your loan servicer’s website to select a repayment plan, to update/confirm your contact information, or whenever you have questions about your loan repayment obligation.

Information Regarding Repayment

Repayment Data

 

Average Federal Debt for Student Borrowers

Students and families are responsible for their family’s contribution to the cost of attendance. Student may elect to to borrow federal loans as part of their strategy for financing these costs. The average federal debt for student borrowers of the Class of 2025 was $10,750. 

Cohort Default Rate

The cohort default rate of a school is the proportion of student borrowers who defaulted on their federal loans three years after exiting the school. Default refers to the failure to repay loan(s) according to the terms agreed upon for more than 360 days.

Colgate's 2022 cohort default rate was 0%. Note, this figure is impacted by the COVID-19 student loan repayment pause that ended in 2023. 

College Scorecard

For additional information about Colgate federal student debt and repayment rate, visit the U.S. Department of Education College Scorecard website.

College Scorecard