by our College Data Analytics TeamA lot of students will never be charged the full, advertised sticker price of a school. Instead, they will be given a financial aid offer that will include a combination of scholarships, grants, loans, and work-study. The price tag of going to Ross Medical Education Center - Charleston can appear overwhelming, but bear in mind that many students obtain some kind of financial aid.
Just what financial aid solutions can Ross - Charleston deliver, and just what are you going to be eligible for? Keep reading for answers. Read on to learn what amount of financial assistance will be accessible to you.
The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. The figures below will help you estimate the aid you might receive from Ross Medical Education Center - Charleston.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. However, some types of aid are more desirable than others, and some students will receive more than others.
For freshmen starting at Ross Medical Education Center - Charleston, 86% of new full-time first-years were awarded at least some aid some 31 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 86% | $4,962 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 86% | $4,962 |
| State/local grants | 0% | — |
| Federal student loans | 78% | $6,437 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. At this school, approximately 79% of undergraduates were awarded an average grant or scholarship of $4,867 (for some 55 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 79% | $4,867 |
| Federal Pell grants | 79% | $4,867 |
| Federal student loans | 69% | $6,686 |
For students living on campus and receiving title-IV aid, grants averaged $5,317.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $21,812 |
| $30,001 – $75,000 | $24,591 |
Each figure is the net price after grants and scholarships, not the published sticker price.
Net price is the cost remaining after grant and scholarship aid is subtracted from the sticker price, and it is the most useful single number for estimating real cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $17,821 |
| Off-campus title-IV students | $21,927 |
For a customized cost estimate, visit Ross - Charleston’s net price calculator: rosseducation.edu/consumer-info/#npc.
The median student at Ross - Charleston graduates with $5,500 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $5,500 |
| Median federal debt (graduates only) | $9,500 |
| Typical 10-year monthly payment (graduates) | $100.72/mo |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.
Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. These percentiles trace how cumulative federal debt is spread among borrowers at Ross - Charleston.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,399 |
| 25th percentile | $5,500 |
| 75th percentile | $9,500 |
| 90th percentile (highest-debt students) | $9,500 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $8,019 |
| Middle income | $5,500 |
| High income | $5,500 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $5,645 |
| Continuing-generation students | $5,500 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $9,500 |
These indicators are derived from the underlying debt data and summarize the overall picture at Ross - Charleston.
Stafford loans are the federal government’s primary direct undergraduate lending program. Below is the annual Stafford program activity at Ross - Charleston:
| Metric | Value |
|---|---|
| Stafford loan recipients | 10236 |
| Total Stafford loan amount | $78,795,229 |
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 0 |
| Total GI Bill amount | $0 |
References
More about our data sources and methodologies.