How Ross Medical Education Center-Ann Arbor'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-Ann Arbor since 2013.

For that period, the average number of students who received grants aid/scholarships is 97, which is 68.22 % of all undergraduate students. 84 students which is 59.67% of undergraduate students received federal student loans and the average loan amount is $7,328.

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
2013-14	152 (67%)	$4,318	148 (65%)	$3,971	128 (56%)	$7,344
2014-15	136 (62%)	$4,042	129 (59%)	$3,795	108 (49%)	$7,525
2015-16	120 (63%)	$4,310	112 (59%)	$3,841	111 (58%)	$7,304
2016-17	109 (67%)	$6,424	89 (55%)	$3,832	81 (50%)	$7,678
2017-18	94 (65%)	$4,422	91 (63%)	$4,045	95 (66%)	$6,813
2018-19	79 (69%)	$4,637	78 (68%)	$4,296	75 (65%)	$6,403
2019-20	67 (68%)	$4,974	57 (58%)	$4,959	61 (62%)	$7,566
2020-21	56 (58%)	$5,353	46 (47%)	$5,657	43 (44%)	$8,333
2021-22	58 (95%)	$6,849	49 (80%)	$6,183	53 (87%)	$6,984
Average	97 (68.22%)	$5,037	89 (61.56%)	$4,509	84 (59.67%)	$7,328

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

Overview

For the last 10 years, on average, 30 (65.67 % of students) received grants or scholarships and its average amount is $5,007. It can cover 30.72% of tuition & fees ($16,297).

In addition, 30 (66.33 % of students) students get helped from the students loans (average amount : $9,528).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	49 (71%)	$4,850	44 (64%)	$8,742
2014-15	54 (61%)	$4,207	56 (63%)	$8,036
2015-16	22 (43%)	$5,345	22 (43%)	$7,971
2016-17	13 (48%)	$4,968	17 (63%)	$10,254
2017-18	26 (70%)	$3,862	27 (73%)	$8,909
2018-19	27 (73%)	$4,847	29 (78%)	$9,171
2019-20	25 (68%)	$5,074	25 (68%)	$11,053
2020-21	26 (63%)	$5,766	22 (54%)	$11,364
2021-22	32 (94%)	$6,144	31 (91%)	$10,256
Average	30 (65.67%)	$5,007	30 (66.33%)	$9,528

^*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 10 years, on average, 28 (60.33 % of students) received Pell (federal) grants and its average amount is $4,681.

In addition, 1 students received State/local government grants/scholarships (1.50 % 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
2013-14	48 (70%)	$4,208	-	-	1 (1%)	$15,740	31 (45%)	$643
2014-15	52 (58%)	$3,975	-	-	-	-	36 (40%)	$569
2015-16	20 (39%)	$4,748	-	-	1 (2%)	$15,740	13 (25%)	$530
2016-17	13 (48%)	$4,690	-	-	-	-	8 (30%)	$452
2017-18	25 (68%)	$3,725	-	-	-	-	16 (43%)	$455
2018-19	27 (73%)	$4,577	-	-	-	-	20 (54%)	$365
2019-20	22 (59%)	$4,700	11 (30%)	$1,637	-	-	12 (32%)	$454
2020-21	22 (54%)	$5,859	14 (34%)	$1,321	-	-	11 (27%)	$229
2021-22	25 (74%)	$5,643	23 (68%)	$2,352	-	-	9 (26%)	$159
Average	28 (60.33%)	$4,681	16 (44.00%)	$1,770	1 (1.50%)	$15,740	17 (35.78%)	$428

^*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 10 years, on average, 30 (66.33 % of students) get any students loan help and its average loan amount is $30.

Year	Total		Federal student loans		Other student loans
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	44 (64%)	$8,742	43 (62%)	$7,260	14 (20%)	$5,174
2014-15	56 (63%)	$8,036	49 (55%)	$7,512	14 (16%)	$5,850
2015-16	22 (43%)	$7,971	18 (35%)	$7,783	11 (22%)	$3,207
2016-17	17 (63%)	$10,254	16 (59%)	$6,970	8 (30%)	$7,848
2017-18	27 (73%)	$8,909	26 (70%)	$6,261	16 (43%)	$4,860
2018-19	29 (78%)	$9,171	28 (76%)	$6,331	20 (54%)	$4,434
2019-20	25 (68%)	$11,053	23 (62%)	$6,745	18 (49%)	$6,733
2020-21	22 (54%)	$11,364	20 (49%)	$8,058	12 (29%)	$7,405
2021-22	31 (91%)	$10,256	29 (85%)	$6,965	16 (47%)	$7,247
Average	30 (66.33%)	$9,528	28 (61.44%)	$7,098	14 (34.44%)	$5,862

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

All Undergraduate Students Financial Aid Over Time

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