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

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 100, which is 64.78 % of all undergraduate students. 96 students which is 60.78% of undergraduate students received federal student loans and the average loan amount is $7,382.
For full-time, first-time beginning students (freshmen), 66.33% of students received grants or scholarships and 67% 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-New Baltimore since 2013.
For that period, the average number of students who received grants aid/scholarships is 100, which is 64.78 % of all undergraduate students. 96 students which is 60.78% of undergraduate students received federal student loans and the average loan amount is $7,382.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14134 (60%)$4,139133 (60%)$4,010135 (61%)$7,890
2014-15168 (66%)$4,648167 (66%)$4,072152 (60%)$7,420
2015-16124 (57%)$4,739124 (57%)$4,331127 (59%)$7,897
2016-1798 (60%)$4,51397 (59%)$3,84195 (58%)$7,340
2017-1878 (53%)$4,45878 (53%)$3,99689 (60%)$6,686
2018-1996 (62%)$3,95195 (62%)$3,675102 (66%)$7,067
2019-2081 (69%)$4,79365 (55%)$4,36759 (50%)$7,802
2020-2161 (56%)$5,28950 (46%)$5,36650 (46%)$7,415
2021-2260 (100%)$6,28844 (73%)$5,84652 (87%)$6,922
Average100 (64.78%)$4,75895 (59.00%)$4,38996 (60.78%)$7,382

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

For the last 10 years, on average, 38 (66.33 % of students) received grants or scholarships and its average amount is $4,934. It can cover 30.28% of tuition & fees ($16,297).
In addition, 39 (67.22 % of students) students get helped from the students loans (average amount : $9,849).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1446 (67%)$4,36045 (65%)$9,765
2014-1559 (70%)$5,01358 (69%)$7,686
2015-1638 (52%)$4,36745 (62%)$10,639
2016-1729 (55%)$4,98130 (57%)$9,339
2017-1834 (62%)$4,55938 (69%)$10,097
2018-1950 (70%)$3,88355 (77%)$9,298
2019-2034 (67%)$5,17027 (53%)$11,404
2020-2125 (54%)$5,28428 (61%)$10,925
2021-2225 (100%)$6,79023 (92%)$9,490
Average38 (66.33%)$4,93439 (67.22%)$9,849
*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, 36 (62.89 % of students) received Pell (federal) grants and its average amount is $4,437.
In addition, 2 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
2013-1446 (67%)$4,308----4 (6%)$592
2014-1559 (70%)$4,299--3 (4%)$6,30041 (49%)$566
2015-1638 (52%)$3,992--1 (1%)$5,00018 (25%)$514
2016-1729 (55%)$3,955--3 (6%)$6,92219 (36%)$473
2017-1834 (62%)$4,063--1 (2%)$7,36520 (36%)$475
2018-1949 (69%)$3,620--1 (1%)$7,74027 (38%)$336
2019-2030 (59%)$4,52014 (27%)$2,678--7 (14%)$384
2020-2122 (48%)$5,24512 (26%)$1,250--7 (15%)$243
2021-2221 (84%)$5,93223 (92%)$1,5781 (4%)$7,8556 (24%)$168
Average36 (62.89%)$4,43716 (48.33%)$1,8352 (3.00%)$6,86417 (27.00%)$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, 39 (67.22 % of students) get any students loan help and its average loan amount is $39.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1445 (65%)$9,76545 (65%)$7,82430 (43%)$2,912
2014-1558 (69%)$7,68656 (67%)$7,25612 (14%)$3,290
2015-1645 (62%)$10,63943 (59%)$7,47031 (42%)$5,081
2016-1730 (57%)$9,33929 (55%)$7,37714 (26%)$4,731
2017-1838 (69%)$10,09736 (65%)$6,81827 (49%)$5,120
2018-1955 (77%)$9,29853 (75%)$7,09430 (42%)$4,513
2019-2027 (53%)$11,40423 (45%)$7,58017 (33%)$7,856
2020-2128 (61%)$10,92527 (59%)$6,99917 (37%)$6,877
2021-2223 (92%)$9,49023 (92%)$6,70111 (44%)$5,832
Average39 (67.22%)$9,84937 (64.67%)$7,23521 (36.67%)$5,135
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