by our College Data Analytics TeamA large number 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 - Owensboro can appear overwhelming, but bear in mind that many students obtain some kind of financial aid.
Just what financing solutions does Ross - Owensboro provide, and just what are you going to be eligible for? Keep scrolling for answers. Keep going to see how much school funding could be available 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 - Owensboro.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
For freshmen starting at Ross Medical Education Center - Owensboro, 90% of first-year full-time students received aid of some kind approximately 26 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 72% | $4,414 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 72% | $4,390 |
| State/local grants | 3% | $500 |
| Federal student loans | 79% | $6,796 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. Here, about 70% of undergraduates were awarded grant or scholarship aid averaging $4,792 (across approximately 42 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 70% | $4,792 |
| Federal Pell grants | 70% | $4,780 |
| Federal student loans | 68% | $6,882 |
For students living on campus and receiving title-IV aid, grants averaged $3,392.
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 | $19,784 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
After grants and scholarships come off the published price, what remains is the net price — the best estimate of true out-of-pocket cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $21,224 |
| Off-campus title-IV students | $19,784 |
For a customized cost estimate, visit Ross - Owensboro’s online cost calculator: rosseducation.edu/consumer-info/#npc.
The middle student in the debt distribution at Ross - Owensboro owes $8,481 in federal loans.
| 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 |
The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.
The median alone does not show how widely outcomes vary across the student body. The figures below chart the debt distribution at Ross - Owensboro.
| 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 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
Median Debt by Income Bracket
| 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 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $9,500 |
The figure below distills the debt data into a single burden category for Ross - Owensboro.
Stafford loans make up the bulk of federal direct lending to undergraduates. The annual Stafford volume below reflects program activity at Ross - Owensboro:
| Metric | Value |
|---|---|
| Stafford loan recipients | 9329 |
| Total Stafford loan amount | $73,355,629 |
Military-affiliated students can tap the Post-9/11 GI Bill and 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.