Scholarships, Grants, and Loan Trends at Ross Medical Education Center-Elyria

13%

Received Percent Changed

$1,521

Received Amount Changes

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.

All Undergraduate Students Financial Aid Over Time

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.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2015-1637 (77%)$4,26436 (75%)$3,91737 (77%)$8,270
2016-17112 (75%)$4,397110 (73%)$4,142108 (72%)$8,016
2017-18175 (71%)$4,458175 (71%)$4,172167 (68%)$7,847
2018-19177 (74%)$4,430176 (74%)$4,212155 (65%)$7,767
2019-20139 (70%)$6,313134 (68%)$4,822113 (57%)$8,160
2020-21102 (67%)$5,95699 (65%)$5,55477 (51%)$7,938
2021-2296 (97%)$7,67589 (90%)$5,83590 (91%)$7,948
2022-2379 (90%)$5,78579 (90%)$5,43275 (85%)$7,226
Average115 (77.63%)$5,410112 (75.75%)$4,761103 (70.75%)$7,897
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

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 AmountNumber Received (percent**)Average Amount
2015-1611 (61%)$4,59415 (83%)$10,582
2016-1745 (71%)$4,44150 (79%)$10,850
2017-1864 (69%)$4,54965 (70%)$9,279
2018-1974 (71%)$4,63373 (70%)$8,743
2019-2061 (66%)$6,61351 (55%)$10,049
2020-2161 (73%)$6,11352 (63%)$11,359
2021-2253 (95%)$7,55253 (95%)$10,179
2022-2339 (91%)$5,68042 (98%)$10,235
Average51 (74.63%)$5,52250 (76.63%)$10,160
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.

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) GrantsOther Federal State/Local governmentInstitutional
Number Received (percent)Average AmountNumber Received (percent)Average Amount Number Received (percent)Average AmountNumber Received (percent)Average Amount
2015-1611 (61%)$4,087----11 (61%)$507
2016-1744 (70%)$4,184----33 (52%)$477
2017-1864 (69%)$4,246--1 (1%)$1,64847 (51%)$378
2018-1974 (71%)$4,459----51 (49%)$252
2019-2060 (65%)$4,94626 (28%)$3,4241 (1%)$2,86636 (39%)$409
2020-2160 (72%)$5,71017 (20%)$1,382--27 (33%)$251
2021-2251 (91%)$5,88044 (79%)$2,186--20 (36%)$208
2022-2339 (91%)$5,544--1 (2%)$4,8544 (9%)$116
Average50 (73.75%)$4,88229 (42.33%)$2,3311 (1.33%)$3,12329 (41.25%)$325
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.

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.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2015-1615 (83%)$10,58215 (83%)$8,3176 (33%)$5,663
2016-1750 (79%)$10,85048 (76%)$8,21723 (37%)$6,438
2017-1865 (70%)$9,27964 (69%)$7,80324 (26%)$4,322
2018-1973 (70%)$8,74370 (67%)$7,93524 (23%)$3,451
2019-2051 (55%)$10,04949 (53%)$8,14018 (19%)$6,314
2020-2152 (63%)$11,35952 (63%)$7,56730 (36%)$6,573
2021-2253 (95%)$10,17951 (91%)$8,11521 (38%)$5,983
2022-2342 (98%)$10,23537 (86%)$7,48921 (49%)$7,275
Average50 (76.63%)$10,16048 (73.50%)$7,94821 (32.63%)$5,752

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