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Ross Medical Education Center - Cincinnati Financial Aid and Scholarship Details

74% Freshmen Get Financial Aid
$4,631 Average Grant & Scholarship
65% Undergrads Get Grant Aid

Most students will not be asked to pay the advertised price of a school. Instead, they will be provided a financial aid package that will include a combination of scholarships, grants, loans, and work-study. The price tag of going to Ross Medical Education Center - Cincinnati can appear overwhelming, but bear in mind that many students obtain some kind of financial aid.

Just what financial aid solutions can Ross - Cincinnati provide, and just what are you going to be eligible for? Keep reading for answers. Read on to discover how much school funding could be available to you.

Understanding Ross - Cincinnati Financial Aid Information

The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. The figures below will help you estimate the aid you might receive from Ross Medical Education Center - Cincinnati.

Freshman Financial Aid at Ross Medical Education Center - Cincinnati

Financial aid, in the form of loans, grants, work-study, and scholarships, is one way colleges reduce the cost of attendance so most students can actually afford to attend. Note that some aid is more valuable than the rest, and individual awards are far from uniform.

Looking at the entering class at Ross Medical Education Center - Cincinnati, 74% of entering full-time freshmen got some type of financial assistance around 66 students).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)64%$4,662
Institutional grants & scholarships0%
Federal Pell grants64%$4,658
State/local grants1%$254
Federal student loans64%$5,596

Scholarships and Grants at Ross Medical Education Center - Cincinnati

Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. Here, around 65% of undergraduate students received gift aid averaging $4,631 (among about 112 students).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)65%$4,631
Federal Pell grants65%$4,602
Federal student loans62%$6,018

Title-IV recipients living on campus saw average grant aid of $3,805.

Income-Adjusted Net Price at Ross Medical Education Center - Cincinnati

Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.

Family IncomeAverage Net Price
$0 – $48,000$21,248
$30,001 – $75,000$24,575

Remember these are net prices — what families pay after gift aid, not before.

Average Net Price for Ross Medical Education Center - Cincinnati

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.

CohortAverage Net Price
On-campus title-IV students$20,018
Off-campus title-IV students$21,220

For a customized cost estimate, visit Ross - Cincinnati’s net price tool: rosseducation.edu/consumer-info/#npc.

Median Student Debt for Graduates of Ross Medical Education Center - Cincinnati

The median student at Ross - Cincinnati graduates with $9,389 in federal student debt.

MetricAmount
Median federal debt (all student-aid borrowers)$9,389
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.

The Range of Student Debt at this School

Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. Use the percentiles below to see the debt range at Ross - Cincinnati.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$4,750
25th percentile$5,500
75th percentile$9,500
90th percentile (highest-debt students)$9,500

Debt by Student Cohort at Ross Medical Education Center - Cincinnati

How much a student borrows depends heavily on family income, first-gen status, and dependency.

By Family Income

Income tierMedian federal debt
Low income$9,500
Middle income$7,908
High income$5,500

First-Gen vs Continuing-Gen Median Debt

CohortMedian federal debt
First-generation students$9,460
Continuing-generation students$5,500

Dependent vs Independent Students

CohortMedian federal debt
Dependent students$5,500
Independent students$9,500

At-a-Glance Debt Indicators

Federal data publishes pre-calculated indicators that summarize debt outcomes. Ross - Cincinnati.

Stafford Loan Activity at Ross Medical Education Center - Cincinnati

The Stafford loan program is the largest source of federal direct loans to undergraduates. The totals below capture Stafford lending at Ross - Cincinnati:

MetricValue
Stafford loan recipients5925
Total Stafford loan amount$45,290,468

Veteran and Military Aid at Ross Medical Education Center - Cincinnati

GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.

Post-9/11 GI Bill recipients

MetricValue
GI Bill recipients1
Total GI Bill amount$9,138
Average GI Bill amount per recipient$9,138

References

More about our data sources and methodologies.

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