Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 73, which is 75.33 % of all undergraduate students. 63 students which is 64.78% of undergraduate students received federal student loans and the average loan amount is $7,914.

For full-time, first-time beginning students (freshmen), 73.11% 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-Owensboro since 2013.

For that period, the average number of students who received grants aid/scholarships is 73, which is 75.33 % of all undergraduate students. 63 students which is 64.78% of undergraduate students received federal student loans and the average loan amount is $7,914.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1427 (77%)$2,93726 (74%)$2,84523 (66%)$7,751
2014-15123 (82%)$4,400120 (80%)$4,04498 (65%)$7,982
2015-16102 (66%)$4,306101 (66%)$4,01092 (60%)$7,795
2016-1784 (69%)$4,21384 (69%)$3,87671 (59%)$7,812
2017-1881 (72%)$4,55181 (72%)$4,24673 (65%)$8,181
2018-1963 (68%)$4,18563 (68%)$4,00655 (60%)$7,921
2019-2058 (79%)$6,25256 (77%)$4,67545 (62%)$8,300
2020-2150 (70%)$6,48446 (65%)$6,22742 (59%)$7,579
2021-2271 (95%)$6,28361 (81%)$5,40465 (87%)$7,908
Average73 (75.33%)$4,84671 (72.44%)$4,37063 (64.78%)$7,914
*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, 24 (73.11 % of students) received grants or scholarships and its average amount is $5,226. It can cover 32.06% of tuition & fees ($16,297).

In addition, 21 (67.56 % of students) students get helped from the students loans (average amount : $9,577).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-142 (40%)$5,6453 (60%)$9,549
2014-1532 (84%)$4,78230 (79%)$8,061
2015-1624 (73%)$4,40119 (58%)$9,734
2016-1724 (77%)$3,97422 (71%)$8,102
2017-1831 (69%)$4,73828 (62%)$9,668
2018-1925 (71%)$3,51623 (66%)$9,743
2019-2022 (76%)$6,29418 (62%)$10,134
2020-2120 (74%)$6,74416 (59%)$10,492
2021-2233 (94%)$6,93632 (91%)$10,714
Average24 (73.11%)$5,22621 (67.56%)$9,577
*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, 23 (71.78 % of students) received Pell (federal) grants and its average amount is $4,615.

In addition, 1 students received State/local government grants/scholarships (2.50 % 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
2013-142 (40%)$5,645------
2014-1532 (84%)$4,353----25 (66%)$549
2015-1624 (73%)$4,038----17 (52%)$511
2016-1724 (77%)$3,575----20 (65%)$480
2017-1831 (69%)$4,307--1 (2%)$3,93524 (53%)$393
2018-1925 (71%)$3,323--1 (3%)$1,23113 (37%)$277
2019-2021 (72%)$4,77410 (34%)$3,358--12 (41%)$387
2020-2120 (74%)$5,93310 (37%)$1,450--8 (30%)$215
2021-2230 (86%)$5,58527 (77%)$2,180--14 (40%)$179
Average23 (71.78%)$4,61516 (49.33%)$2,3291 (2.50%)$2,58317 (48.00%)$374
*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, 21 (67.56 % of students) get any students loan help and its average loan amount is $21.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-143 (60%)$9,5492 (40%)$9,4502 (40%)$4,874
2014-1530 (79%)$8,06129 (76%)$8,1075 (13%)$1,344
2015-1619 (58%)$9,73419 (58%)$8,5795 (15%)$4,388
2016-1722 (71%)$8,10221 (68%)$7,4387 (23%)$3,149
2017-1828 (62%)$9,66828 (62%)$8,04910 (22%)$4,534
2018-1923 (66%)$9,74323 (66%)$7,65110 (29%)$4,812
2019-2018 (62%)$10,13417 (59%)$8,2795 (17%)$8,334
2020-2116 (59%)$10,49216 (59%)$7,4068 (30%)$6,172
2021-2232 (91%)$10,71431 (89%)$7,50817 (49%)$6,476
Average21 (67.56%)$9,57721 (64.11%)$8,0528 (26.44%)$4,898

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