Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 141, which is 71.78 % of all undergraduate students. 120 students which is 62.00% of undergraduate students received federal student loans and the average loan amount is $7,885.

For full-time, first-time beginning students (freshmen), 70.89% of students received grants or scholarships and 68% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table shows the trends of financial aid for all undergraduate students at Ross Medical Education Center-Kokomo since 2013.

For that period, the average number of students who received grants aid/scholarships is 141, which is 71.78 % of all undergraduate students. 120 students which is 62.00% of undergraduate students received federal student loans and the average loan amount is $7,885.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14176 (81%)$4,192175 (80%)$4,110150 (69%)$7,957
2014-15175 (63%)$3,990172 (62%)$3,653143 (51%)$7,801
2015-16212 (71%)$4,382211 (70%)$4,063175 (58%)$7,699
2016-17153 (63%)$4,205150 (62%)$3,955126 (52%)$7,650
2017-18113 (64%)$4,643109 (62%)$4,165107 (61%)$7,547
2018-19109 (68%)$4,721107 (67%)$4,122100 (63%)$7,670
2019-20107 (70%)$6,24492 (60%)$4,75183 (54%)$8,338
2020-21105 (68%)$6,38397 (63%)$5,58090 (58%)$8,174
2021-22117 (98%)$7,741109 (91%)$6,047110 (92%)$8,131
Average141 (71.78%)$5,167136 (68.56%)$4,494120 (62.00%)$7,885
*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.

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

For the last 10 years, on average, 47 (70.89 % of students) received grants or scholarships and its average amount is $4,946. It can cover 30.35% of tuition & fees ($16,297).

In addition, 45 (67.67 % of students) students get helped from the students loans (average amount : $9,835).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1446 (79%)$4,29145 (78%)$9,654
2014-1556 (60%)$3,65347 (51%)$6,965
2015-1660 (67%)$4,59461 (69%)$8,867
2016-1754 (68%)$4,02251 (64%)$10,796
2017-1854 (74%)$4,78251 (70%)$9,348
2018-1937 (61%)$4,34139 (64%)$9,472
2019-2036 (67%)$4,98629 (54%)$10,780
2020-2140 (69%)$6,97938 (66%)$12,741
2021-2240 (93%)$6,86240 (93%)$9,894
Average47 (70.89%)$4,94645 (67.67%)$9,835
*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, 45 (67.78 % of students) received Pell (federal) grants and its average amount is $4,399.

In addition, 2 students received State/local government grants/scholarships (2.38 % 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 (79%)$4,277--1 (2%)$633--
2014-1556 (60%)$3,420--1 (1%)$4,5001 (1%)$8,547
2015-1660 (67%)$4,101--1 (1%)$4,50044 (49%)$569
2016-1752 (65%)$3,854----32 (40%)$524
2017-1853 (73%)$4,210--2 (3%)$9,83839 (53%)$396
2018-1936 (59%)$3,832--2 (3%)$8,24923 (38%)$267
2019-2031 (57%)$4,41712 (22%)$2,5172 (4%)$3,64413 (24%)$392
2020-2137 (64%)$5,70716 (28%)$2,0032 (3%)$15,99018 (31%)$222
2021-2237 (86%)$5,77632 (74%)$1,7591 (2%)$1,35616 (37%)$195
Average45 (67.78%)$4,39920 (41.33%)$2,0932 (2.38%)$6,08923 (34.13%)$1,389
*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, 45 (67.67 % of students) get any students loan help and its average loan amount is $45.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1445 (78%)$9,65443 (74%)$8,30738 (66%)$2,032
2014-1547 (51%)$6,96546 (49%)$6,8076 (6%)$2,371
2015-1661 (69%)$8,86759 (66%)$7,71829 (33%)$2,949
2016-1751 (64%)$10,79651 (64%)$7,90528 (35%)$5,266
2017-1851 (70%)$9,34849 (67%)$7,92321 (29%)$4,214
2018-1939 (64%)$9,47237 (61%)$7,30422 (36%)$4,508
2019-2029 (54%)$10,78029 (54%)$8,12316 (30%)$4,816
2020-2138 (66%)$12,74135 (60%)$8,52020 (34%)$9,298
2021-2240 (93%)$9,89438 (88%)$7,58521 (49%)$5,120
Average45 (67.67%)$9,83543 (64.78%)$7,79922 (35.33%)$4,508

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