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Student Loans in North Dakota

Average debt, state-specific forgiveness programs, and repayment strategies for North Dakota borrowers in 2026.

Average Debt
$31,620
Monthly Payment (Std)
$360
State Tax Deduction
Yes
vs. National Avg
$380

Student Loan Overview for North Dakota

North Dakota borrowers carry an average student loan debt of $31,620, which is near the national average of approximately $32,000. Under the Standard 10-year repayment plan at the current federal interest rate of 6.53%, North Dakota graduates would pay $360 per month and a total of $11,580 in interest over the life of the loan.

For borrowers seeking lower monthly payments, income-driven repayment plans like SAVE (formerly REPAYE) cap payments at 5-10% of discretionary income. North Dakota residents working in public service should explore PSLF for potential forgiveness after 10 years of qualifying payments.

North Dakota Student Loan Forgiveness Programs

North Dakota offers the Teacher Shortage Loan Forgiveness Program and the State Loan Repayment Program.

In addition to state programs, North Dakota borrowers have access to all federal forgiveness programs including PSLF, Teacher Loan Forgiveness ($17,500 for STEM and special education teachers), and income-driven repayment forgiveness after 20-25 years.

State Tax Deduction for Student Loan Interest

North Dakota conforms to the federal student loan interest deduction. Borrowers can deduct up to $2,500 in student loan interest paid during the tax year on both their federal and North Dakota state income tax returns. This deduction phases out for single filers earning $75,000-$90,000.

Top North Dakota Colleges & Average Debt

InstitutionAvg. Graduate Debt
University of North Dakota$29,000
North Dakota State University$28,000

* Debt figures are approximate averages for graduating students who borrowed.

Frequently Asked Questions

What is the average student loan debt in North Dakota?

The average student loan borrower in North Dakota graduates with approximately $31,620 in student loan debt. This is near the national average of $32,000.

Does North Dakota offer student loan forgiveness?

North Dakota offers the Teacher Shortage Loan Forgiveness Program and the State Loan Repayment Program.

Can I deduct student loan interest on North Dakota state taxes?

Yes, North Dakota conforms to the federal student loan interest deduction. You can deduct up to $2,500 in student loan interest paid on your North Dakota state income tax return, subject to income limits.

What are the best colleges in North Dakota for low student debt?

Among North Dakota institutions, University of North Dakota has an average graduate debt of $29,000. In-state tuition at public universities is significantly lower than out-of-state rates.

What repayment plan should I use for student loans in North Dakota?

Your best plan depends on your income and career. North Dakota residents earning under $50,000 should consider the SAVE plan for the lowest payments. Those in public service should pursue PSLF. Higher earners may benefit from the Standard plan or refinancing.

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