Institution & Program Detail

Two views: institution-level totals (FSA, unduplicated) and program-level detail (PPD, subject to suppression). Search by name, state, or field.

Institution	State	Sector	Recipients (FSA)	Volume (FSA)	Per-Recipient	Grad Programs	Over Cap

Source: FSA Direct Loan Dashboard, Award Year Summary (full AY 2024-25, cumulative through Q4). Institution-level, unduplicated borrowers, unsuppressed volume. PPD (program counts). Per-recipient = FSA volume / FSA recipients.

Institution	State	Sector	Field	Credential	Per-Student GP	Total Grad Borrowing	Cap	Gap

Source: PPD program-level data. Total Grad Borrowing = unsub + Grad PLUS combined. Gap = Total Grad Borrowing − Cap. Subject to privacy suppression.

The Dual-Dataset Approach

This dashboard uses two complementary federal data sources because neither alone tells the full story:

FSA Direct Loan Dashboard (institution level): Provides accurate, unduplicated borrower counts and unsuppressed loan volumes per institution. Data reflects the full Award Year 2024-25, reported cumulatively through Q4. Used for aggregate totals, sector breakdowns, state-level analysis, and the institution table.

Program Performance Data (PPD) (program level): Provides per-student borrowing at the program level, field-of-study detail, and professional/non-professional classification. Used for the program scatter, field breakdown, cap analysis, and program-level table.

Why PPD-Only Aggregation Is Wrong

Summing program-level borrower counts double-counts students enrolled in multiple programs, while summing program-level volumes misses data suppressed for privacy in small programs. The combined effect substantially distorts per-borrower averages:

Metric	PPD Program Sum	FSA Institution-Level	Error
NJ Grad PLUS Borrowers	7,192	6,656	+8.1% (over-counted)
NJ Grad PLUS Volume	$181,207,388	$201,939,478	-10.3% (under-counted)
NJ Per-Borrower Average	$25,196	$30,339	-17.0% (understated)

Understanding the Gap Calculation

Total Grad Borrowing = per-student unsubsidized loans + per-student Grad PLUS (combined). The Gap = Total Grad Borrowing − applicable cap ($50K for professional, $20.5K for non-professional). A positive gap means total borrowing exceeds the cap. This is why a program might show $27K in Grad PLUS but a $28K gap — the total also includes ~$20.5K in unsubsidized loans.

Data Sources

FSA Direct Loan Dashboard: U.S. Department of Education, Federal Student Aid, Direct Loan Program, Award Year Summary (full AY 2024-25, cumulative through Q4). Institution-level, unduplicated borrowers, unsuppressed volume.
Program Performance Data (PPD): U.S. Department of Education, AHEAD/OBBBA rulemaking dataset, 2025 release. Program-level earnings, debt, and enrollment metrics.