Over the past 10 years (2013-2022), 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.

For full-time, first-time beginning students (freshmen), 72.44% of students received grants or scholarships and 64% 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-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.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14238 (65%)$4,189236 (64%)$4,081191 (52%)$8,243
2014-15222 (65%)$4,395216 (64%)$3,954183 (54%)$7,908
2015-16192 (62%)$4,460188 (61%)$4,034177 (57%)$7,608
2016-17154 (64%)$4,438150 (62%)$3,961135 (56%)$7,881
2017-18162 (70%)$4,564160 (69%)$4,122179 (77%)$6,178
2018-19127 (74%)$4,136126 (73%)$3,988115 (67%)$7,355
2019-20125 (71%)$5,620118 (67%)$4,610104 (59%)$7,886
2020-21127 (66%)$5,405115 (60%)$5,376103 (53%)$8,219
2021-22115 (98%)$7,009101 (86%)$5,719109 (93%)$7,440
Average162 (70.56%)$4,913157 (67.33%)$4,427144 (63.11%)$7,635
*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, 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
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1464 (66%)$3,93547 (48%)$9,715
2014-1566 (67%)$4,38556 (57%)$7,987
2015-1661 (64%)$4,36757 (60%)$9,516
2016-1762 (67%)$4,49855 (59%)$9,125
2017-1859 (71%)$4,48958 (70%)$8,615
2018-1958 (82%)$4,00753 (75%)$9,166
2019-2065 (74%)$5,00156 (64%)$11,017
2020-2164 (63%)$5,47355 (54%)$11,563
2021-2251 (98%)$6,80147 (90%)$11,385
Average61 (72.44%)$4,77354 (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.

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) GrantsOther Federal State/Local governmentInstitutional
Number Received (percent)Average AmountNumber Received (percent)Average Amount Number Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1463 (65%)$3,936--1 (1%)$3336 (6%)$592
2014-1563 (64%)$4,080--1 (1%)$9,40041 (41%)$560
2015-1660 (63%)$3,945--2 (2%)$3,37544 (46%)$521
2016-1762 (67%)$4,020--2 (2%)$4,74041 (44%)$490
2017-1858 (70%)$4,118--2 (2%)$5,63037 (45%)$399
2018-1957 (80%)$3,840--1 (1%)$3,95831 (44%)$308
2019-2061 (69%)$4,13625 (28%)$2,605--21 (24%)$364
2020-2157 (56%)$5,45720 (20%)$1,4241 (1%)$3,92123 (23%)$296
2021-2242 (81%)$5,61244 (85%)$2,3651 (2%)$5,50011 (21%)$141
Average58 (68.33%)$4,34930 (44.33%)$2,1311 (1.50%)$4,60728 (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.

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.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1447 (48%)$9,71544 (45%)$8,37843 (44%)$2,046
2014-1556 (57%)$7,98752 (53%)$8,06110 (10%)$2,811
2015-1657 (60%)$9,51656 (59%)$7,48728 (29%)$4,398
2016-1755 (59%)$9,12552 (56%)$7,73923 (25%)$4,323
2017-1858 (70%)$8,61556 (67%)$7,01926 (31%)$4,100
2018-1953 (75%)$9,16653 (75%)$7,28724 (34%)$4,149
2019-2056 (64%)$11,01755 (63%)$7,63529 (33%)$6,795
2020-2155 (54%)$11,56352 (51%)$8,17735 (35%)$6,022
2021-2247 (90%)$11,38547 (90%)$7,66629 (56%)$6,026
Average54 (64.11%)$9,78852 (62.11%)$7,71727 (33.00%)$4,519

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