How Ross Medical Education Center-Muncie'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-Muncie since 2014.

For that period, the average number of students who received grants aid/scholarships is 115, which is 71.63 % of all undergraduate students. 108 students which is 67.13% of undergraduate students received federal student loans and the average loan amount is $7,834.

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
2014-15	86 (82%)	$4,084	86 (82%)	$4,084	79 (75%)	$8,104
2015-16	120 (68%)	$4,410	118 (67%)	$4,129	100 (56%)	$7,950
2016-17	122 (64%)	$4,264	119 (62%)	$4,015	119 (62%)	$7,766
2017-18	109 (65%)	$4,470	108 (65%)	$4,209	103 (62%)	$7,349
2018-19	99 (70%)	$4,684	96 (68%)	$4,356	92 (65%)	$7,480
2019-20	113 (74%)	$5,515	103 (68%)	$4,857	98 (64%)	$8,164
2020-21	146 (64%)	$6,158	146 (64%)	$5,771	144 (63%)	$8,224
2021-22	124 (86%)	$6,421	120 (83%)	$5,923	129 (90%)	$7,637
Average	115 (71.63%)	$5,001	112 (69.88%)	$4,668	108 (67.13%)	$7,834

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

Overview

For the last 9 years, on average, 40 (69.75 % of students) received grants or scholarships and its average amount is $4,888. It can cover 30.00% of tuition & fees ($16,297).

In addition, 39 (68.25 % of students) students get helped from the students loans (average amount : $9,567).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2014-15	25 (76%)	$3,851	23 (70%)	$8,720
2015-16	30 (65%)	$4,093	26 (57%)	$10,105
2016-17	24 (49%)	$4,469	29 (59%)	$8,855
2017-18	46 (71%)	$4,575	51 (78%)	$8,989
2018-19	37 (64%)	$4,277	36 (62%)	$8,722
2019-20	54 (86%)	$6,010	44 (70%)	$9,811
2020-21	53 (65%)	$5,881	50 (62%)	$12,201
2021-22	47 (82%)	$5,951	50 (88%)	$9,135
Average	40 (69.75%)	$4,888	39 (68.25%)	$9,567

^*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 9 years, on average, 39 (69.00 % of students) received Pell (federal) grants and its average amount is $4,586.

In addition, 1 students received State/local government grants/scholarships (2.00 % 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
2014-15	25 (76%)	$3,851	-	-	-	-	-	-
2015-16	30 (65%)	$3,855	-	-	-	-	14 (30%)	$510
2016-17	23 (47%)	$4,273	-	-	1 (2%)	$2,060	15 (31%)	$461
2017-18	46 (71%)	$4,263	-	-	-	-	38 (58%)	$377
2018-19	37 (64%)	$4,049	-	-	-	-	28 (48%)	$302
2019-20	52 (83%)	$5,083	22 (35%)	$2,035	-	-	38 (60%)	$407
2020-21	53 (65%)	$5,734	1 (1%)	$1,500	-	-	30 (37%)	$209
2021-22	46 (81%)	$5,580	10 (18%)	$2,029	-	-	19 (33%)	$144
Average	39 (69.00%)	$4,586	11 (18.00%)	$1,855	1 (2.00%)	$2,060	26 (42.43%)	$344

^*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 9 years, on average, 39 (68.25 % of students) get any students loan help and its average loan amount is $39.

Year	Total		Federal student loans		Other student loans
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2014-15	23 (70%)	$8,720	22 (67%)	$8,142	10 (30%)	$2,143
2015-16	26 (57%)	$10,105	26 (57%)	$7,698	14 (30%)	$4,472
2016-17	29 (59%)	$8,855	27 (55%)	$7,630	14 (29%)	$3,628
2017-18	51 (78%)	$8,989	49 (75%)	$7,415	20 (31%)	$4,754
2018-19	36 (62%)	$8,722	35 (60%)	$7,160	13 (22%)	$4,874
2019-20	44 (70%)	$9,811	44 (70%)	$8,330	13 (21%)	$5,014
2020-21	50 (62%)	$12,201	48 (59%)	$8,161	23 (28%)	$9,490
2021-22	50 (88%)	$9,135	49 (86%)	$6,888	22 (39%)	$5,420
Average	39 (68.25%)	$9,567	38 (66.13%)	$7,678	16 (28.75%)	$4,974

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

All Undergraduate Students Financial Aid Over Time

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