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

22%

Received Percent Changed

$1,982

Received Amount Changes

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 131, which is 72.22 % of all undergraduate students. 114 students which is 64.00% of undergraduate students received federal student loans and the average loan amount is $7,846.

For full-time, first-time beginning students (freshmen), 71.33% of students received grants or scholarships and 69% 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-Kokomo since 2014.

For that period, the average number of students who received grants aid/scholarships is 131, which is 72.22 % of all undergraduate students. 114 students which is 64.00% of undergraduate students received federal student loans and the average loan amount is $7,846.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-15175 (63%)$3,990172 (62%)$3,653143 (51%)$7,801
2015-16212 (71%)$4,382211 (70%)$4,063175 (58%)$7,699
2016-17153 (63%)$4,205150 (62%)$3,955126 (52%)$7,650
2017-18113 (64%)$4,643109 (62%)$4,165107 (61%)$7,547
2018-19109 (68%)$4,721107 (67%)$4,122100 (63%)$7,670
2019-20107 (70%)$6,24492 (60%)$4,75183 (54%)$8,338
2020-21105 (68%)$6,38397 (63%)$5,58090 (58%)$8,174
2021-22117 (98%)$7,741109 (91%)$6,047110 (92%)$8,131
2022-2389 (85%)$5,97288 (84%)$5,66491 (87%)$7,600
Average131 (72.22%)$5,365126 (69.00%)$4,667114 (64.00%)$7,846
*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 10 years, on average, 46 (71.33 % of students) received grants or scholarships and its average amount is $5,068. It can cover 31.10% of tuition & fees ($16,297).

In addition, 44 (69.33 % of students) students get helped from the students loans (average amount : $9,924).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-1556 (60%)$3,65347 (51%)$6,965
2015-1660 (67%)$4,59461 (69%)$8,867
2016-1754 (68%)$4,02251 (64%)$10,796
2017-1854 (74%)$4,78251 (70%)$9,348
2018-1937 (61%)$4,34139 (64%)$9,472
2019-2036 (67%)$4,98629 (54%)$10,780
2020-2140 (69%)$6,97938 (66%)$12,741
2021-2240 (93%)$6,86240 (93%)$9,894
2022-2335 (83%)$5,39239 (93%)$10,450
Average46 (71.33%)$5,06844 (69.33%)$9,924
*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 10 years, on average, 44 (68.22 % of students) received Pell (federal) grants and its average amount is $4,522.

In addition, 2 students received State/local government grants/scholarships (2.43 % 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
2014-1556 (60%)$3,420--1 (1%)$4,5001 (1%)$8,547
2015-1660 (67%)$4,101--1 (1%)$4,50044 (49%)$569
2016-1752 (65%)$3,854----32 (40%)$524
2017-1853 (73%)$4,210--2 (3%)$9,83839 (53%)$396
2018-1936 (59%)$3,832--2 (3%)$8,24923 (38%)$267
2019-2031 (57%)$4,41712 (22%)$2,5172 (4%)$3,64413 (24%)$392
2020-2137 (64%)$5,70716 (28%)$2,0032 (3%)$15,99018 (31%)$222
2021-2237 (86%)$5,77632 (74%)$1,7591 (2%)$1,35616 (37%)$195
2022-2335 (83%)$5,381----3 (7%)$125
Average44 (68.22%)$4,52220 (41.33%)$2,0932 (2.43%)$6,86821 (31.11%)$1,249
*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 10 years, on average, 44 (69.33 % of students) get any students loan help and its average loan amount is $44.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-1547 (51%)$6,96546 (49%)$6,8076 (6%)$2,371
2015-1661 (69%)$8,86759 (66%)$7,71829 (33%)$2,949
2016-1751 (64%)$10,79651 (64%)$7,90528 (35%)$5,266
2017-1851 (70%)$9,34849 (67%)$7,92321 (29%)$4,214
2018-1939 (64%)$9,47237 (61%)$7,30422 (36%)$4,508
2019-2029 (54%)$10,78029 (54%)$8,12316 (30%)$4,816
2020-2138 (66%)$12,74135 (60%)$8,52020 (34%)$9,298
2021-2240 (93%)$9,89438 (88%)$7,58521 (49%)$5,120
2022-2339 (93%)$10,45037 (88%)$7,12623 (55%)$6,256
Average44 (69.33%)$9,92442 (66.33%)$7,66821 (34.11%)$4,978

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