Over the past 8 years (2017-2023), the average number of students who received grants aid/scholarships is 281, which is 85.14 % of all undergraduate students. 279 students which is 85.00% of undergraduate students received federal student loans and the average loan amount is $8,992.
For full-time, first-time beginning students (freshmen), 78.29% of students received grants or scholarships and 81% of students received student loans.
The following table shows the trends of financial aid for all undergraduate students at Ross College-Canton since 2016.
For that period, the average number of students who received grants aid/scholarships is 281, which is 85.14 % of all undergraduate students. 279 students which is 85.00% of undergraduate students received federal student loans and the average loan amount is $8,992.
| Year | Grant or Scholarship* | Pell Grants | Federal Student Loans | |||
|---|---|---|---|---|---|---|
| Number Received (percent**) | Average Amount | Number Received (percent**) | Average Amount | Number Received (percent**) | Average Amount | |
| 2016-17 | 107 (80%) | $4,993 | 96 (72%) | $4,480 | 118 (89%) | $7,006 |
| 2017-18 | 236 (89%) | $4,095 | 205 (78%) | $4,107 | 217 (82%) | $8,078 |
| 2018-19 | 311 (88%) | $4,022 | 252 (71%) | $4,193 | 305 (86%) | $8,174 |
| 2019-20 | 256 (80%) | $4,851 | 211 (66%) | $4,273 | 240 (75%) | $8,009 |
| 2020-21 | 357 (86%) | $5,155 | 309 (75%) | $5,146 | 356 (86%) | $8,321 |
| 2021-22 | 345 (91%) | $9,115 | 298 (78%) | $8,351 | 339 (89%) | $13,649 |
| 2022-23 | 353 (82%) | $6,793 | 349 (82%) | $6,405 | 376 (88%) | $9,708 |
| Average | 281 (85.14%) | $5,575 | 246 (74.57%) | $5,279 | 279 (85.00%) | $8,992 |
For the last 8 years, on average, 40 (78.29 % of students) received grants or scholarships and its average amount is $4,696. It can cover 10.34% of tuition & fees ($45,396).
In addition, 41 (80.71 % of students) students get helped from the students loans (average amount : $9,804).
| Year | Grants or Scholarships* | Student Loans | ||
|---|---|---|---|---|
| Number Received (percent**) | Average Amount | Number Received (percent**) | Average Amount | |
| 2016-17 | 9 (82%) | $3,506 | 9 (82%) | $8,172 |
| 2017-18 | 25 (81%) | $4,021 | 26 (84%) | $9,311 |
| 2018-19 | 35 (69%) | $3,915 | 41 (80%) | $7,450 |
| 2019-20 | 31 (61%) | $4,414 | 31 (61%) | $11,178 |
| 2020-21 | 53 (69%) | $5,430 | 53 (69%) | $11,571 |
| 2021-22 | 53 (98%) | $6,659 | 52 (96%) | $10,728 |
| 2022-23 | 74 (88%) | $4,925 | 78 (93%) | $10,221 |
| Average | 40 (78.29%) | $4,696 | 41 (80.71%) | $9,804 |
The following table shows the trends of grants or scholarships over time. For the last 8 years, on average, 36 (68.86 % of students) received Pell (federal) grants and its average amount is $4,702.
In addition, 1 students received State/local government grants/scholarships (2.67 % of students).
| Year | Federal (Pell) Grants | Other Federal | State/Local government | Institutional | ||||
|---|---|---|---|---|---|---|---|---|
| Number Received (percent) | Average Amount | Number Received (percent) | Average Amount | Number Received (percent) | Average Amount | Number Received (percent) | Average Amount | |
| 2016-17 | 8 (73%) | $3,429 | - | - | - | - | 5 (45%) | $825 |
| 2017-18 | 20 (65%) | $4,188 | - | - | 2 (6%) | $1,448 | 19 (61%) | $729 |
| 2018-19 | 32 (63%) | $3,897 | - | - | - | - | 22 (43%) | $560 |
| 2019-20 | 21 (41%) | $4,859 | 15 (29%) | $1,736 | - | - | 17 (33%) | $516 |
| 2020-21 | 50 (65%) | $5,380 | 10 (13%) | $1,300 | 1 (1%) | $475 | 16 (21%) | $331 |
| 2021-22 | 47 (87%) | $6,298 | 32 (59%) | $1,702 | - | - | 14 (26%) | $174 |
| 2022-23 | 74 (88%) | $4,860 | - | - | 1 (1%) | $4,000 | 6 (7%) | $136 |
| Average | 36 (68.86%) | $4,702 | 19 (33.67%) | $1,579 | 1 (2.67%) | $1,974 | 14 (33.71%) | $467 |
The following table describes number of students and average amount of loans by loan type. The following table shows the trends of grants or scholarships over time.
For the last 8 years, on average, 41 (80.71 % of students) get any students loan help and its average loan amount is $41.
| Year | Total | Federal student loans | Other student loans | |||
|---|---|---|---|---|---|---|
| Number Received (percent) | Average Amount | Number Received (percent) | Average Amount | Number Received (percent) | Average Amount | |
| 2016-17 | 9 (82%) | $8,172 | 7 (64%) | $6,679 | 7 (64%) | $3,828 |
| 2017-18 | 26 (84%) | $9,311 | 26 (84%) | $7,129 | 17 (55%) | $3,336 |
| 2018-19 | 41 (80%) | $7,450 | 39 (76%) | $6,098 | 21 (41%) | $3,220 |
| 2019-20 | 31 (61%) | $11,178 | 31 (61%) | $7,217 | 18 (35%) | $6,822 |
| 2020-21 | 53 (69%) | $11,571 | 52 (68%) | $7,943 | 32 (42%) | $6,257 |
| 2021-22 | 52 (96%) | $10,728 | 51 (94%) | $7,794 | 25 (46%) | $6,413 |
| 2022-23 | 78 (93%) | $10,221 | 67 (80%) | $6,644 | 43 (51%) | $8,189 |
| Average | 41 (80.71%) | $9,804 | 39 (75.29%) | $7,072 | 23 (47.71%) | $5,438 |
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