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

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 147, which is 70.67 % of all undergraduate students. 130 students which is 62.22% of undergraduate students received federal student loans and the average loan amount is $7,753.
For full-time, first-time beginning students (freshmen), 70.33% of students received grants or scholarships and 65% of students received student loans.

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-Cincinnati since 2013.
For that period, the average number of students who received grants aid/scholarships is 147, which is 70.67 % of all undergraduate students. 130 students which is 62.22% of undergraduate students received federal student loans and the average loan amount is $7,753.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14158 (69%)$4,217151 (66%)$3,947118 (52%)$7,784
2014-15125 (61%)$4,055120 (59%)$3,84199 (48%)$7,957
2015-16162 (71%)$4,200158 (69%)$3,908151 (66%)$7,858
2016-17124 (66%)$4,403121 (64%)$4,158110 (58%)$7,860
2017-18151 (70%)$4,655148 (69%)$4,450150 (69%)$7,696
2018-19170 (67%)$4,373167 (66%)$4,195159 (63%)$6,913
2019-20135 (68%)$5,785125 (63%)$4,702108 (54%)$8,091
2020-21151 (73%)$5,728146 (70%)$5,467132 (63%)$8,060
2021-22149 (91%)$6,394138 (84%)$5,249143 (87%)$7,558
Average147 (70.67%)$4,868142 (67.78%)$4,435130 (62.22%)$7,753

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

For the last 10 years, on average, 60 (70.33 % of students) received grants or scholarships and its average amount is $4,904. It can cover 30.09% of tuition & fees ($16,297).
In addition, 56 (64.67 % of students) students get helped from the students loans (average amount : $10,012).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1457 (70%)$4,37649 (60%)$9,208
2014-1548 (63%)$4,30343 (57%)$8,694
2015-1660 (66%)$4,17660 (66%)$10,458
2016-1745 (63%)$4,48747 (65%)$10,821
2017-1853 (71%)$4,67355 (73%)$9,415
2018-1971 (72%)$4,37870 (71%)$8,213
2019-2057 (70%)$5,73326 (32%)$10,086
2020-2177 (73%)$5,73073 (70%)$12,589
2021-2275 (85%)$6,27977 (88%)$10,624
Average60 (70.33%)$4,90456 (64.67%)$10,012
*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, 59 (68.56 % of students) received Pell (federal) grants and its average amount is $4,441.
In addition, 3 students received State/local government grants/scholarships (3.00 % 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
2013-1455 (67%)$4,072--1 (1%)$2,50036 (44%)$638
2014-1546 (61%)$4,093----33 (43%)$553
2015-1660 (66%)$3,820----42 (46%)$508
2016-1745 (63%)$4,158----31 (43%)$477
2017-1852 (69%)$4,436----41 (55%)$415
2018-1971 (72%)$4,134----50 (51%)$347
2019-2053 (65%)$4,60617 (21%)$2,7854 (5%)$5,87427 (33%)$437
2020-2176 (72%)$5,35414 (13%)$1,914--36 (34%)$208
2021-2272 (82%)$5,29341 (47%)$2,098--22 (25%)$174
Average59 (68.56%)$4,44124 (27.00%)$2,2663 (3.00%)$4,18735 (41.56%)$417
*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, 56 (64.67 % of students) get any students loan help and its average loan amount is $56.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1449 (60%)$9,20848 (59%)$8,02015 (18%)$4,417
2014-1543 (57%)$8,69442 (55%)$8,0978 (11%)$4,218
2015-1660 (66%)$10,45857 (63%)$7,80930 (33%)$6,080
2016-1747 (65%)$10,82146 (64%)$7,65022 (31%)$7,121
2017-1855 (73%)$9,41551 (68%)$7,71021 (28%)$5,934
2018-1970 (71%)$8,21368 (69%)$6,47333 (33%)$4,083
2019-2026 (32%)$10,08626 (32%)$7,92412 (15%)$4,684
2020-2173 (70%)$12,58972 (69%)$8,00142 (40%)$8,164
2021-2277 (88%)$10,62474 (84%)$7,70036 (41%)$6,894
Average56 (64.67%)$10,01254 (62.56%)$7,70924 (27.78%)$5,733
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