by our College Data Analytics TeamThe majority of students will not be asked to pay the full sticker price of a school. Rather, they are offered a financial aid plan that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The price tag of going to Ross College-Sylvania can appear overwhelming, but bear in mind that many students obtain some kind of financial aid.
What financial assistance options will Ross College-Sylvania offer you, and what will you qualify for? Read on for more information. Keep going to learn how much school funding will be available to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. The information provided on this page can help you determine how much aid you may receive from Ross College-Sylvania.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can 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 College-Sylvania, 80% of new full-time first-years were awarded at least some aid roughly 647 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 80% | $5,244 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 80% | $5,243 |
| State/local grants | 0% | $418 |
| Federal student loans | 74% | $6,186 |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. At Ross College-Sylvania, around 75% of undergrads got grants or scholarships worth on average $5,660 (across approximately 1813 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 75% | $5,660 |
| Federal Pell grants | 75% | $5,658 |
| Federal student loans | 61% | $5,684 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $4,937.
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 | $26,201 |
| $30,001 – $75,000 | $26,790 |
| Over $75,000 | $29,650 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
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 | $22,893 |
| Off-campus title-IV students | $26,304 |
For a personalized estimate based on your family’s financial situation, use Ross College-Sylvania’s net price calculator: rosseducation.edu/consumer-info/#npc.
The median student at Ross College-Sylvania graduates with $7,719 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $7,719 |
| 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.
Looking only at the median can be misleading because it hides the spread. The percentiles below describe the cumulative federal debt distribution for borrowers at Ross College-Sylvania.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,596 |
| 25th percentile | $5,500 |
| 75th percentile | $9,500 |
| 90th percentile (highest-debt students) | $9,500 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $8,609 |
| Middle income | $7,000 |
| High income | $5,500 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $7,750 |
| Continuing-generation students | $7,221 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $9,500 |
Federal data publishes pre-calculated indicators that summarize debt outcomes. Ross College-Sylvania.
Stafford loans make up the bulk of federal direct lending to undergraduates. The annual Stafford volume below reflects program activity at Ross College-Sylvania:
| Metric | Value |
|---|---|
| Stafford loan recipients | 23511 |
| Total Stafford loan amount | $270,946,967 |
If you are a veteran or active-duty service member, the GI Bill and DoD Tuition Assistance are the primary federal programs you can use at this school.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 10 |
| Total GI Bill amount | $84,972 |
| Average GI Bill amount per recipient | $8,497 |
References
More about our data sources and methodologies.