How Ross Medical Education Center - Kalamazoo's Financial Aid Changes

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Ross Medical Education Center - Kalamazoo since 2016.

For that period, the average number of students who received grants aid/scholarships is 119, which is 63.33 % of all undergraduate students. 111 students which is 60.00% of undergraduate students received federal student loans and the average loan amount is $7,586.

Year	Grant or Scholarship^*		Pell Grants		Federal Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2016-17	87 (82%)	$4,170	80 (75%)	$4,160	90 (85%)	$7,249
2017-18	106 (56%)	$4,300	106 (56%)	$4,112	97 (51%)	$7,830
2018-19	112 (47%)	$4,513	112 (47%)	$4,128	115 (49%)	$7,561
2019-20	101 (44%)	$4,951	101 (44%)	$4,703	90 (39%)	$7,409
2020-21	138 (66%)	$6,037	130 (62%)	$5,756	122 (58%)	$7,777
2021-22	168 (85%)	$6,796	139 (70%)	$5,796	154 (78%)	$7,688
Average	119 (63.33%)	$5,128	111 (59.00%)	$4,776	111 (60.00%)	$7,586

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

For the last 7 years, on average, 38 (67.50 % of students) received grants or scholarships and its average amount is $5,210. It can cover 31.97% of tuition & fees ($16,297).

In addition, 39 (70.83 % of students) students get helped from the students loans (average amount : $10,143).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2016-17	25 (81%)	$4,582	31 (100%)	$9,278
2017-18	27 (50%)	$4,029	23 (43%)	$9,201
2018-19	31 (69%)	$5,077	38 (84%)	$9,600
2019-20	26 (53%)	$5,349	27 (55%)	$9,594
2020-21	46 (67%)	$5,451	42 (61%)	$12,914
2021-22	75 (85%)	$6,774	72 (82%)	$10,273
Average	38 (67.50%)	$5,210	39 (70.83%)	$10,143

^*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 7 years, on average, 35 (63.33 % of students) received Pell (federal) grants and its average amount is $4,944.

Year	Federal (Pell) Grants		Other Federal		State/Local government		Institutional
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2016-17	25 (81%)	$4,199	-	-	-	-	20 (65%)	$479
2017-18	27 (50%)	$3,826	-	-	-	-	15 (28%)	$365
2018-19	31 (69%)	$4,859	-	-	-	-	23 (51%)	$294
2019-20	26 (53%)	$5,114	-	-	-	-	15 (31%)	$406
2020-21	39 (57%)	$5,739	18 (26%)	$1,244	-	-	16 (23%)	$286
2021-22	62 (70%)	$5,925	59 (67%)	$2,339	-	-	20 (23%)	$134
Average	35 (63.33%)	$4,944	39 (46.50%)	$1,792	-	-	18 (36.83%)	$327

^*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 7 years, on average, 39 (70.83 % of students) get any students loan help and its average loan amount is $39.

Year	Total		Federal student loans		Other student loans
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2016-17	31 (100%)	$9,278	29 (94%)	$7,081	14 (45%)	$5,876
2017-18	23 (43%)	$9,201	22 (41%)	$7,761	10 (19%)	$4,088
2018-19	38 (84%)	$9,600	36 (80%)	$7,427	19 (42%)	$5,126
2019-20	27 (55%)	$9,594	26 (53%)	$7,365	12 (24%)	$5,630
2020-21	42 (61%)	$12,914	40 (58%)	$7,610	26 (38%)	$9,153
2021-22	72 (82%)	$10,273	70 (80%)	$7,573	32 (36%)	$6,548
Average	39 (70.83%)	$10,143	37 (67.67%)	$7,470	19 (34.00%)	$6,070

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

All Undergraduate Students Financial Aid Over Time

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

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