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

20%

Received Percent Changed

$1,520

Received Amount Changes

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 212, which is 72.89 % of all undergraduate students. 188 students which is 65.33% of undergraduate students received federal student loans and the average loan amount is $7,405.

For full-time, first-time beginning students (freshmen), 74.00% of students received grants or scholarships and 71% 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-Warren since 2014.

For that period, the average number of students who received grants aid/scholarships is 212, which is 72.89 % of all undergraduate students. 188 students which is 65.33% of undergraduate students received federal student loans and the average loan amount is $7,405.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-15248 (65%)$4,151243 (63%)$3,781184 (48%)$7,877
2015-16245 (70%)$4,311241 (69%)$3,998211 (60%)$7,750
2016-17214 (66%)$4,150213 (66%)$3,843194 (60%)$7,642
2017-18188 (64%)$4,364183 (62%)$3,838179 (61%)$6,765
2018-19206 (72%)$4,499202 (70%)$4,224199 (69%)$7,310
2019-20177 (69%)$5,783162 (64%)$4,536150 (59%)$7,348
2020-21198 (71%)$5,752187 (68%)$5,540166 (60%)$7,923
2021-22210 (94%)$6,605180 (81%)$5,385204 (91%)$7,285
2022-23220 (85%)$5,671220 (85%)$5,528209 (80%)$6,747
Average212 (72.89%)$5,032203 (69.78%)$4,519188 (65.33%)$7,405
*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, 75 (74.00 % of students) received grants or scholarships and its average amount is $5,124. It can cover 31.44% of tuition & fees ($16,297).

In addition, 72 (71.00 % of students) students get helped from the students loans (average amount : $9,586).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-1581 (68%)$4,02765 (54%)$7,716
2015-1671 (71%)$4,56163 (63%)$9,539
2016-1767 (61%)$4,27975 (68%)$10,223
2017-1851 (57%)$4,00252 (58%)$9,051
2018-1972 (77%)$4,69375 (80%)$9,528
2019-2069 (68%)$5,99264 (63%)$9,829
2020-2181 (80%)$5,73468 (67%)$10,589
2021-2281 (96%)$6,96681 (96%)$9,657
2022-23105 (88%)$5,858108 (90%)$10,145
Average75 (74.00%)$5,12472 (71.00%)$9,586
*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, 73 (71.44 % of students) received Pell (federal) grants and its average amount is $4,654.

In addition, 1 students received State/local government grants/scholarships (1.40 % 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
2014-1580 (67%)$3,744----48 (40%)$556
2015-1670 (70%)$4,209--1 (1%)$4,61745 (45%)$546
2016-1767 (61%)$3,997----39 (35%)$485
2017-1851 (57%)$3,711----31 (34%)$479
2018-1970 (74%)$4,335--3 (3%)$5,44050 (53%)$362
2019-2064 (63%)$4,95424 (24%)$3,1761 (1%)$3,99832 (31%)$504
2020-2176 (75%)$5,59823 (23%)$1,3261 (1%)$4,20118 (18%)$241
2021-2274 (88%)$5,48370 (83%)$2,1691 (1%)$4,20114 (17%)$176
2022-23105 (88%)$5,851----3 (3%)$229
Average73 (71.44%)$4,65439 (43.33%)$2,2241 (1.40%)$4,49131 (30.67%)$398
*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, 72 (71.00 % of students) get any students loan help and its average loan amount is $72.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-1565 (54%)$7,71659 (49%)$7,70814 (12%)$3,342
2015-1663 (63%)$9,53963 (63%)$7,47830 (30%)$4,328
2016-1775 (68%)$10,22372 (65%)$7,49243 (39%)$5,285
2017-1852 (58%)$9,05152 (58%)$6,42937 (41%)$3,684
2018-1975 (80%)$9,52875 (80%)$6,86343 (46%)$4,648
2019-2064 (63%)$9,82962 (61%)$6,83044 (43%)$4,673
2020-2168 (67%)$10,58966 (65%)$7,51248 (48%)$4,671
2021-2281 (96%)$9,65778 (93%)$6,91346 (55%)$5,283
2022-23108 (90%)$10,14595 (79%)$6,41866 (55%)$7,364
Average72 (71.00%)$9,58669 (68.11%)$7,07141 (41.00%)$4,809

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