by our College Data Analytics TeamA lot of 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 - Niles can feel overpowering, but remember that the majority of students receive some sort of financial assistance.
What financial aid options can Ross - Niles offer, and what will you qualify for? Keep reading for more information. Keep scrolling to discover what amount of financial assistance could be accessible to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. Continue reading to find information to help you understand just how much assistance you can expect to receive from Ross Medical Education Center - Niles.
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. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
At Ross Medical Education Center - Niles, 85% of the incoming full-time class was awarded financial aid around 77 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 80% | $4,984 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 80% | $4,984 |
| State/local grants | 0% | — |
| Federal student loans | 76% | $6,263 |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. Across the undergraduate body at Ross - Niles, about 75% of undergraduates were awarded an average grant or scholarship of $5,016 (across roughly 115 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 75% | $5,016 |
| Federal Pell grants | 75% | $5,016 |
| Federal student loans | 70% | $6,554 |
For students living on campus and receiving title-IV aid, grants averaged $5,324.
The figures below show the average net price — cost after all grant and scholarship aid — broken out by family income.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $20,666 |
| $30,001 – $75,000 | $20,409 |
| Over $75,000 | $26,100 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
The net price represents the average annual cost a title-IV-receiving student pays after grant aid is subtracted from the full cost of attendance.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $17,822 |
| Off-campus title-IV students | $20,805 |
For an estimate tailored to your family circumstances, see Ross - Niles’s net price calculator: rosseducation.edu/consumer-info/#npc.
The median student at Ross - Niles graduates with $5,500 of federal student loans.
| 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 |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. The percentiles below describe the cumulative federal debt distribution for borrowers at Ross - Niles.
| 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 |
Median debt varies by family income, by first-generation status, and by dependency status.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $8,019 |
| Middle income | $5,500 |
| High income | $5,500 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $5,645 |
| Continuing-generation students | $5,500 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $9,500 |
A handful of calculated indicators summarize the debt outlook at Ross - Niles.
The Stafford program is the federal direct-loan vehicle most undergraduates use. Below is the annual Stafford program activity at Ross - Niles:
| 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.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 0 |
| Total GI Bill amount | $0 |
References
More about our data sources and methodologies.