Over the past 9 years (2016-2023), the average number of students who received grants aid/scholarships is 115, which is 77.63 % of all undergraduate students. 103 students which is 70.75% of undergraduate students received federal student loans and the average loan amount is $7,897.
For full-time, first-time beginning students (freshmen), 74.63% of students received grants or scholarships and 77% of students received student loans.
The following table shows the trends of financial aid for all undergraduate students at Ross Medical Education Center-Elyria since 2015.
For that period, the average number of students who received grants aid/scholarships is 115, which is 77.63 % of all undergraduate students. 103 students which is 70.75% of undergraduate students received federal student loans and the average loan amount is $7,897.
| Year | Grant or Scholarship* | Pell Grants | Federal Student Loans | |||
|---|---|---|---|---|---|---|
| Number Received (percent**) | Average Amount | Number Received (percent**) | Average Amount | Number Received (percent**) | Average Amount | |
| 2015-16 | 37 (77%) | $4,264 | 36 (75%) | $3,917 | 37 (77%) | $8,270 |
| 2016-17 | 112 (75%) | $4,397 | 110 (73%) | $4,142 | 108 (72%) | $8,016 |
| 2017-18 | 175 (71%) | $4,458 | 175 (71%) | $4,172 | 167 (68%) | $7,847 |
| 2018-19 | 177 (74%) | $4,430 | 176 (74%) | $4,212 | 155 (65%) | $7,767 |
| 2019-20 | 139 (70%) | $6,313 | 134 (68%) | $4,822 | 113 (57%) | $8,160 |
| 2020-21 | 102 (67%) | $5,956 | 99 (65%) | $5,554 | 77 (51%) | $7,938 |
| 2021-22 | 96 (97%) | $7,675 | 89 (90%) | $5,835 | 90 (91%) | $7,948 |
| 2022-23 | 79 (90%) | $5,785 | 79 (90%) | $5,432 | 75 (85%) | $7,226 |
| Average | 115 (77.63%) | $5,410 | 112 (75.75%) | $4,761 | 103 (70.75%) | $7,897 |
For the last 9 years, on average, 51 (74.63 % of students) received grants or scholarships and its average amount is $5,522. It can cover 33.88% of tuition & fees ($16,297).
In addition, 50 (76.63 % of students) students get helped from the students loans (average amount : $10,160).
| Year | Grants or Scholarships* | Student Loans | ||
|---|---|---|---|---|
| Number Received (percent**) | Average Amount | Number Received (percent**) | Average Amount | |
| 2015-16 | 11 (61%) | $4,594 | 15 (83%) | $10,582 |
| 2016-17 | 45 (71%) | $4,441 | 50 (79%) | $10,850 |
| 2017-18 | 64 (69%) | $4,549 | 65 (70%) | $9,279 |
| 2018-19 | 74 (71%) | $4,633 | 73 (70%) | $8,743 |
| 2019-20 | 61 (66%) | $6,613 | 51 (55%) | $10,049 |
| 2020-21 | 61 (73%) | $6,113 | 52 (63%) | $11,359 |
| 2021-22 | 53 (95%) | $7,552 | 53 (95%) | $10,179 |
| 2022-23 | 39 (91%) | $5,680 | 42 (98%) | $10,235 |
| Average | 51 (74.63%) | $5,522 | 50 (76.63%) | $10,160 |
The following table shows the trends of grants or scholarships over time. For the last 9 years, on average, 50 (73.75 % of students) received Pell (federal) grants and its average amount is $4,882.
In addition, 1 students received State/local government grants/scholarships (1.33 % 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 | |
| 2015-16 | 11 (61%) | $4,087 | - | - | - | - | 11 (61%) | $507 |
| 2016-17 | 44 (70%) | $4,184 | - | - | - | - | 33 (52%) | $477 |
| 2017-18 | 64 (69%) | $4,246 | - | - | 1 (1%) | $1,648 | 47 (51%) | $378 |
| 2018-19 | 74 (71%) | $4,459 | - | - | - | - | 51 (49%) | $252 |
| 2019-20 | 60 (65%) | $4,946 | 26 (28%) | $3,424 | 1 (1%) | $2,866 | 36 (39%) | $409 |
| 2020-21 | 60 (72%) | $5,710 | 17 (20%) | $1,382 | - | - | 27 (33%) | $251 |
| 2021-22 | 51 (91%) | $5,880 | 44 (79%) | $2,186 | - | - | 20 (36%) | $208 |
| 2022-23 | 39 (91%) | $5,544 | - | - | 1 (2%) | $4,854 | 4 (9%) | $116 |
| Average | 50 (73.75%) | $4,882 | 29 (42.33%) | $2,331 | 1 (1.33%) | $3,123 | 29 (41.25%) | $325 |
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 9 years, on average, 50 (76.63 % of students) get any students loan help and its average loan amount is $50.
| Year | Total | Federal student loans | Other student loans | |||
|---|---|---|---|---|---|---|
| Number Received (percent) | Average Amount | Number Received (percent) | Average Amount | Number Received (percent) | Average Amount | |
| 2015-16 | 15 (83%) | $10,582 | 15 (83%) | $8,317 | 6 (33%) | $5,663 |
| 2016-17 | 50 (79%) | $10,850 | 48 (76%) | $8,217 | 23 (37%) | $6,438 |
| 2017-18 | 65 (70%) | $9,279 | 64 (69%) | $7,803 | 24 (26%) | $4,322 |
| 2018-19 | 73 (70%) | $8,743 | 70 (67%) | $7,935 | 24 (23%) | $3,451 |
| 2019-20 | 51 (55%) | $10,049 | 49 (53%) | $8,140 | 18 (19%) | $6,314 |
| 2020-21 | 52 (63%) | $11,359 | 52 (63%) | $7,567 | 30 (36%) | $6,573 |
| 2021-22 | 53 (95%) | $10,179 | 51 (91%) | $8,115 | 21 (38%) | $5,983 |
| 2022-23 | 42 (98%) | $10,235 | 37 (86%) | $7,489 | 21 (49%) | $7,275 |
| Average | 50 (76.63%) | $10,160 | 48 (73.50%) | $7,948 | 21 (32.63%) | $5,752 |
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