Over the past 9 years (2014-2022), 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.

For full-time, first-time beginning students (freshmen), 69.75% 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-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.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-1586 (82%)$4,08486 (82%)$4,08479 (75%)$8,104
2015-16120 (68%)$4,410118 (67%)$4,129100 (56%)$7,950
2016-17122 (64%)$4,264119 (62%)$4,015119 (62%)$7,766
2017-18109 (65%)$4,470108 (65%)$4,209103 (62%)$7,349
2018-1999 (70%)$4,68496 (68%)$4,35692 (65%)$7,480
2019-20113 (74%)$5,515103 (68%)$4,85798 (64%)$8,164
2020-21146 (64%)$6,158146 (64%)$5,771144 (63%)$8,224
2021-22124 (86%)$6,421120 (83%)$5,923129 (90%)$7,637
Average115 (71.63%)$5,001112 (69.88%)$4,668108 (67.13%)$7,834
*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 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
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-1525 (76%)$3,85123 (70%)$8,720
2015-1630 (65%)$4,09326 (57%)$10,105
2016-1724 (49%)$4,46929 (59%)$8,855
2017-1846 (71%)$4,57551 (78%)$8,989
2018-1937 (64%)$4,27736 (62%)$8,722
2019-2054 (86%)$6,01044 (70%)$9,811
2020-2153 (65%)$5,88150 (62%)$12,201
2021-2247 (82%)$5,95150 (88%)$9,135
Average40 (69.75%)$4,88839 (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.

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) GrantsOther Federal State/Local governmentInstitutional
Number Received (percent)Average AmountNumber Received (percent)Average Amount Number Received (percent)Average AmountNumber Received (percent)Average Amount
2014-1525 (76%)$3,851------
2015-1630 (65%)$3,855----14 (30%)$510
2016-1723 (47%)$4,273--1 (2%)$2,06015 (31%)$461
2017-1846 (71%)$4,263----38 (58%)$377
2018-1937 (64%)$4,049----28 (48%)$302
2019-2052 (83%)$5,08322 (35%)$2,035--38 (60%)$407
2020-2153 (65%)$5,7341 (1%)$1,500--30 (37%)$209
2021-2246 (81%)$5,58010 (18%)$2,029--19 (33%)$144
Average39 (69.00%)$4,58611 (18.00%)$1,8551 (2.00%)$2,06026 (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.

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.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-1523 (70%)$8,72022 (67%)$8,14210 (30%)$2,143
2015-1626 (57%)$10,10526 (57%)$7,69814 (30%)$4,472
2016-1729 (59%)$8,85527 (55%)$7,63014 (29%)$3,628
2017-1851 (78%)$8,98949 (75%)$7,41520 (31%)$4,754
2018-1936 (62%)$8,72235 (60%)$7,16013 (22%)$4,874
2019-2044 (70%)$9,81144 (70%)$8,33013 (21%)$5,014
2020-2150 (62%)$12,20148 (59%)$8,16123 (28%)$9,490
2021-2250 (88%)$9,13549 (86%)$6,88822 (39%)$5,420
Average39 (68.25%)$9,56738 (66.13%)$7,67816 (28.75%)$4,974

Ratings & Review

Share your experiences and thoughts about Ross Medical Education Center-Muncie. It will be a great help to applicants and prospective students!