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

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 130, which is 69.78 % of all undergraduate students. 113 students which is 61.67% of undergraduate students received federal student loans and the average loan amount is $7,679.
For full-time, first-time beginning students (freshmen), 71.00% of students received grants or scholarships and 66% 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-Davison since 2013.
For that period, the average number of students who received grants aid/scholarships is 130, which is 69.78 % of all undergraduate students. 113 students which is 61.67% of undergraduate students received federal student loans and the average loan amount is $7,679.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14220 (67%)$3,708219 (67%)$3,606169 (52%)$7,661
2014-15179 (63%)$4,300176 (62%)$3,985158 (56%)$7,938
2015-16161 (64%)$4,404157 (63%)$3,909138 (55%)$7,726
2016-17139 (65%)$4,938136 (64%)$3,854132 (62%)$7,260
2017-18110 (63%)$5,037109 (62%)$4,110109 (62%)$7,415
2018-19120 (72%)$4,396119 (71%)$4,107111 (66%)$7,648
2019-2099 (79%)$5,58790 (71%)$4,66575 (60%)$7,517
2020-2163 (62%)$5,94061 (60%)$5,65457 (56%)$7,965
2021-2275 (93%)$6,79167 (83%)$5,57770 (86%)$7,984
Average130 (69.78%)$5,011126 (67.00%)$4,385113 (61.67%)$7,679

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

For the last 10 years, on average, 53 (71.00 % of students) received grants or scholarships and its average amount is $5,243. It can cover 32.17% of tuition & fees ($16,297).
In addition, 49 (65.67 % of students) students get helped from the students loans (average amount : $9,696).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1493 (66%)$3,97978 (56%)$9,405
2014-1556 (58%)$4,46849 (51%)$8,680
2015-1660 (74%)$4,88360 (74%)$9,724
2016-1746 (58%)$4,72646 (58%)$10,966
2017-1848 (68%)$5,49448 (68%)$8,693
2018-1959 (75%)$4,43060 (76%)$9,002
2019-2048 (81%)$5,90836 (61%)$9,296
2020-2131 (67%)$6,06126 (57%)$10,768
2021-2236 (92%)$7,23835 (90%)$10,734
Average53 (71.00%)$5,24349 (65.67%)$9,696
*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, 52 (68.89 % of students) received Pell (federal) grants and its average amount is $4,546.
In addition, 4 students received State/local government grants/scholarships (5.50 % 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
2013-1493 (66%)$3,847--4 (3%)$2,0347 (5%)$592
2014-1556 (58%)$4,152----32 (33%)$552
2015-1659 (73%)$4,279--4 (5%)$3,70039 (48%)$660
2016-1746 (58%)$3,659--5 (6%)$7,18223 (29%)$572
2017-1847 (66%)$4,609--6 (8%)$5,55432 (45%)$430
2018-1958 (73%)$4,096--2 (3%)$2,50048 (61%)$392
2019-2045 (76%)$4,83920 (34%)$2,0074 (7%)$4,37518 (31%)$456
2020-2130 (65%)$5,6916 (13%)$1,3331 (2%)$6,00014 (30%)$226
2021-2233 (85%)$5,73819 (49%)$2,3424 (10%)$5,50015 (38%)$315
Average52 (68.89%)$4,54615 (32.00%)$1,8944 (5.50%)$4,60625 (35.56%)$466
*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, 49 (65.67 % of students) get any students loan help and its average loan amount is $49.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1478 (56%)$9,40575 (54%)$7,83756 (40%)$2,605
2014-1549 (51%)$8,68046 (47%)$8,12016 (16%)$3,238
2015-1660 (74%)$9,72457 (70%)$8,04031 (38%)$4,038
2016-1746 (58%)$10,96646 (58%)$7,18831 (39%)$5,605
2017-1848 (68%)$8,69347 (66%)$7,58721 (30%)$2,889
2018-1960 (76%)$9,00258 (73%)$7,39422 (28%)$5,055
2019-2036 (61%)$9,29634 (58%)$6,86419 (32%)$5,330
2020-2126 (57%)$10,76826 (57%)$8,11513 (28%)$5,306
2021-2235 (90%)$10,73434 (87%)$7,91917 (44%)$6,261
Average49 (65.67%)$9,69647 (63.33%)$7,67425 (32.78%)$4,481
Most Searched Michigan Colleges (last 30 days)
Related Articles and Ads