How Ross Medical Education Center-Saginaw'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-Saginaw since 2013.

For that period, the average number of students who received grants aid/scholarships is 162, which is 70.56 % of all undergraduate students. 144 students which is 63.11% of undergraduate students received federal student loans and the average loan amount is $7,635.

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	238 (65%)	$4,189	236 (64%)	$4,081	191 (52%)	$8,243
2014-15	222 (65%)	$4,395	216 (64%)	$3,954	183 (54%)	$7,908
2015-16	192 (62%)	$4,460	188 (61%)	$4,034	177 (57%)	$7,608
2016-17	154 (64%)	$4,438	150 (62%)	$3,961	135 (56%)	$7,881
2017-18	162 (70%)	$4,564	160 (69%)	$4,122	179 (77%)	$6,178
2018-19	127 (74%)	$4,136	126 (73%)	$3,988	115 (67%)	$7,355
2019-20	125 (71%)	$5,620	118 (67%)	$4,610	104 (59%)	$7,886
2020-21	127 (66%)	$5,405	115 (60%)	$5,376	103 (53%)	$8,219
2021-22	115 (98%)	$7,009	101 (86%)	$5,719	109 (93%)	$7,440
Average	162 (70.56%)	$4,913	157 (67.33%)	$4,427	144 (63.11%)	$7,635

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

Overview

For the last 10 years, on average, 61 (72.44 % of students) received grants or scholarships and its average amount is $4,773. It can cover 29.29% of tuition & fees ($16,297).

In addition, 54 (64.11 % of students) students get helped from the students loans (average amount : $9,788).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	64 (66%)	$3,935	47 (48%)	$9,715
2014-15	66 (67%)	$4,385	56 (57%)	$7,987
2015-16	61 (64%)	$4,367	57 (60%)	$9,516
2016-17	62 (67%)	$4,498	55 (59%)	$9,125
2017-18	59 (71%)	$4,489	58 (70%)	$8,615
2018-19	58 (82%)	$4,007	53 (75%)	$9,166
2019-20	65 (74%)	$5,001	56 (64%)	$11,017
2020-21	64 (63%)	$5,473	55 (54%)	$11,563
2021-22	51 (98%)	$6,801	47 (90%)	$11,385
Average	61 (72.44%)	$4,773	54 (64.11%)	$9,788

^*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, 58 (68.33 % of students) received Pell (federal) grants and its average amount is $4,349.

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	63 (65%)	$3,936	-	-	1 (1%)	$333	6 (6%)	$592
2014-15	63 (64%)	$4,080	-	-	1 (1%)	$9,400	41 (41%)	$560
2015-16	60 (63%)	$3,945	-	-	2 (2%)	$3,375	44 (46%)	$521
2016-17	62 (67%)	$4,020	-	-	2 (2%)	$4,740	41 (44%)	$490
2017-18	58 (70%)	$4,118	-	-	2 (2%)	$5,630	37 (45%)	$399
2018-19	57 (80%)	$3,840	-	-	1 (1%)	$3,958	31 (44%)	$308
2019-20	61 (69%)	$4,136	25 (28%)	$2,605	-	-	21 (24%)	$364
2020-21	57 (56%)	$5,457	20 (20%)	$1,424	1 (1%)	$3,921	23 (23%)	$296
2021-22	42 (81%)	$5,612	44 (85%)	$2,365	1 (2%)	$5,500	11 (21%)	$141
Average	58 (68.33%)	$4,349	30 (44.33%)	$2,131	1 (1.50%)	$4,607	28 (32.67%)	$408

^*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, 54 (64.11 % of students) get any students loan help and its average loan amount is $54.

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	47 (48%)	$9,715	44 (45%)	$8,378	43 (44%)	$2,046
2014-15	56 (57%)	$7,987	52 (53%)	$8,061	10 (10%)	$2,811
2015-16	57 (60%)	$9,516	56 (59%)	$7,487	28 (29%)	$4,398
2016-17	55 (59%)	$9,125	52 (56%)	$7,739	23 (25%)	$4,323
2017-18	58 (70%)	$8,615	56 (67%)	$7,019	26 (31%)	$4,100
2018-19	53 (75%)	$9,166	53 (75%)	$7,287	24 (34%)	$4,149
2019-20	56 (64%)	$11,017	55 (63%)	$7,635	29 (33%)	$6,795
2020-21	55 (54%)	$11,563	52 (51%)	$8,177	35 (35%)	$6,022
2021-22	47 (90%)	$11,385	47 (90%)	$7,666	29 (56%)	$6,026
Average	54 (64.11%)	$9,788	52 (62.11%)	$7,717	27 (33.00%)	$4,519

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

All Undergraduate Students Financial Aid Over Time

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