A large number of students will not be asked to pay the complete price tag of a school. Rather, they are presented a financial aid deal that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The price tag of going to Ross Medical Education Center - Dayton can appear overpowering, but remember that the majority of students obtain some kind of financial assistance.
Just what financial aid solutions can Ross - Dayton deliver, and just what are you going to be eligible for? Keep reading for answers. Keep going to find out what amount of financial assistance will be accessible to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. The figures below will help you estimate the aid you might receive from Ross Medical Education Center - Dayton.
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 incoming first-year students at Ross Medical Education Center - Dayton, 69% of the incoming full-time class was awarded financial aid roughly 52 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 67% | $4,866 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 67% | $4,866 |
| State/local grants | 0% | — |
| Federal student loans | 53% | $6,790 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. Across the undergraduate body at Ross - Dayton, about 66% of undergraduates were awarded grant or scholarship aid averaging $4,904 (for some 114 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 66% | $4,904 |
| Federal Pell grants | 64% | $4,999 |
| Federal student loans | 50% | $7,071 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $4,649.
How much a family pays depends heavily on income, because most aid is awarded on the basis of financial need.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $23,722 |
| $30,001 – $75,000 | $27,522 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
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 | $20,009 |
| Off-campus title-IV students | $23,722 |
For a personalized estimate based on your family’s financial situation, use Ross - Dayton’s official net price calculator: rosseducation.edu/consumer-info/#npc.
The median student at Ross - Dayton graduates with $9,389 of federal student loans.
| Metric | Amount |
|---|---|
| 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 |
The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.
A single median figure conceals how much debt outcomes differ student to student. The figures below chart the debt distribution at Ross - Dayton.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,750 |
| 25th percentile | $5,500 |
| 75th percentile | $9,500 |
| 90th percentile (highest-debt students) | $9,500 |
Median debt varies by family income, by first-generation status, and by dependency status.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $9,500 |
| Middle income | $7,908 |
| High income | $5,500 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,460 |
| Continuing-generation students | $5,500 |
Dependency-Status Comparison
| 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 - Dayton.
Stafford loans make up the bulk of federal direct lending to undergraduates. Below is the annual Stafford program activity at Ross - Dayton:
| Metric | Value |
|---|---|
| Stafford loan recipients | 5925 |
| Total Stafford loan amount | $45,290,468 |
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 2 |
| Total GI Bill amount | $21,172 |
| Average GI Bill amount per recipient | $10,586 |
References
More about our data sources and methodologies.