by our College Data Analytics TeamMany students will never be charged 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 total price of attendance at Ross Medical Education Center - Morgantown can feel overpowering, but remember that the majority of students receive some sort of financial assistance.
Just what financial aid solutions can Ross - Morgantown provide, and just what are you going to be eligible for? Keep reading for answers. Read on to discover what amount of financial assistance could be accessible to you.
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 - Morgantown.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
For freshmen starting at Ross Medical Education Center - Morgantown, 81% of the incoming full-time class was awarded financial aid roughly 17 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 76% | $5,122 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 76% | $4,672 |
| State/local grants | 5% | $7,200 |
| Federal student loans | 67% | $7,015 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. Across the undergraduate body at Ross - Morgantown, around 73% of undergraduates were awarded grant or scholarship aid averaging $4,839 (covering around 27 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 73% | $4,839 |
| Federal Pell grants | 73% | $4,535 |
| Federal student loans | 68% | $7,142 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $4,072.
Since aid is largely need-based, the real cost of attendance falls steeply for lower-income families.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $20,160 |
| $30,001 – $75,000 | $22,842 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
Net price is the average annual cost after grants and scholarships are subtracted from the published cost of attendance — the figure closest to what a typical aid-receiving student actually pays.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $20,989 |
| Off-campus title-IV students | $20,318 |
For an estimate tailored to your family circumstances, see Ross - Morgantown’s NPC: rosseducation.edu/consumer-info/#npc.
A typical borrower at Ross - Morgantown leaves with $8,481 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $8,481 |
| 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 median alone does not show how widely outcomes vary across the student body. The figures below chart the debt distribution at Ross - Morgantown.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,655 |
| 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.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $9,500 |
| Middle income | $6,431 |
| High income | $5,500 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $8,876 |
| Continuing-generation students | $5,500 |
By Dependency Status
| 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 - Morgantown.
Stafford loans are the federal government’s primary direct undergraduate lending program. The aggregate figures below show how active the program is at Ross - Morgantown:
| Metric | Value |
|---|---|
| Stafford loan recipients | 9329 |
| Total Stafford loan amount | $73,355,629 |
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 1 |
| Total GI Bill amount | $11,193 |
| Average GI Bill amount per recipient | $11,193 |
References
More about our data sources and methodologies.