How Ross College-Grand Rapids North'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 College-Grand Rapids North since 2016.

For that period, the average number of students who received grants aid/scholarships is 195, which is 64.67 % of all undergraduate students. 188 students which is 64.67% of undergraduate students received federal student loans and the average loan amount is $7,144.

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	71 (72%)	$4,742	70 (71%)	$4,047	80 (81%)	$7,465
2017-18	109 (53%)	$4,177	109 (53%)	$3,958	112 (55%)	$7,589
2018-19	106 (57%)	$4,604	103 (56%)	$4,157	111 (60%)	$7,079
2019-20	115 (47%)	$5,122	104 (43%)	$4,242	99 (41%)	$7,663
2020-21	340 (76%)	$7,950	321 (72%)	$5,662	331 (74%)	$6,838
2021-22	428 (83%)	$8,162	384 (75%)	$5,679	393 (77%)	$6,229
Average	195 (64.67%)	$5,793	182 (61.67%)	$4,624	188 (64.67%)	$7,144

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

Overview

For the last 7 years, on average, 88 (69.33 % of students) received grants or scholarships and its average amount is $5,831. It can cover 35.78% of tuition & fees ($16,297).

In addition, 90 (73.00 % of students) students get helped from the students loans (average amount : $9,693).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2016-17	22 (61%)	$5,602	26 (72%)	$10,250
2017-18	38 (47%)	$4,299	47 (58%)	$10,360
2018-19	53 (72%)	$4,091	61 (82%)	$9,700
2019-20	71 (70%)	$5,458	64 (63%)	$10,233
2020-21	163 (80%)	$7,492	162 (80%)	$9,184
2021-22	183 (86%)	$8,045	177 (83%)	$8,428
Average	88 (69.33%)	$5,831	90 (73.00%)	$9,693

^*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.

Grants/Scholarship

The following table shows the trends of grants or scholarships over time. For the last 7 years, on average, 82 (65.50 % of students) received Pell (federal) grants and its average amount is $4,681.

In addition, 1 students received State/local government grants/scholarships (2.67 % of students).

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	21 (58%)	$4,242	-	-	2 (6%)	$12,570	19 (53%)	$475
2017-18	38 (47%)	$4,075	-	-	-	-	22 (27%)	$386
2018-19	53 (72%)	$3,818	-	-	1 (1%)	$5,000	30 (41%)	$316
2019-20	67 (66%)	$4,409	25 (25%)	$2,451	1 (1%)	$5,250	36 (36%)	$711
2020-21	150 (74%)	$5,740	31 (15%)	$1,210	1 (0%)	$6,645	110 (54%)	$2,873
2021-22	161 (76%)	$5,799	125 (59%)	$2,034	1 (0%)	$9,445	92 (43%)	$2,989
Average	82 (65.50%)	$4,681	60 (33.00%)	$1,898	1 (2.67%)	$7,782	52 (42.33%)	$1,292

^*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..

Student Loans

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, 90 (73.00 % of students) get any students loan help and its average loan amount is $90.

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	26 (72%)	$10,250	23 (64%)	$7,928	12 (33%)	$7,013
2017-18	47 (58%)	$10,360	44 (54%)	$7,374	28 (35%)	$5,801
2018-19	61 (82%)	$9,700	60 (81%)	$6,942	39 (53%)	$4,492
2019-20	64 (63%)	$10,233	58 (57%)	$7,825	32 (32%)	$6,283
2020-21	162 (80%)	$9,184	153 (75%)	$6,826	89 (44%)	$4,981
2021-22	177 (83%)	$8,428	161 (76%)	$6,265	80 (38%)	$6,040
Average	90 (73.00%)	$9,693	83 (67.83%)	$7,193	47 (39.17%)	$5,768

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Scholarships, Grants, and Loan Trends at Ross College-Grand Rapids North

All Undergraduate Students Financial Aid Over Time

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