by our College Data Analytics TeamA lot of students will not be asked to pay the advertised price of a school. Instead, they will be provided a financial aid package that will include a combination of scholarships, grants, loans, and work-study. The total cost of going to Ross Medical Education Center - Ann Arbor can seem tremendous, but do not forget that almost all students are given some form of financial help.
What financing options does Ross - Ann Arbor offer you, and what will you qualify for? Keep scrolling for more information. Read on to find out just how much financial aid will be open to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. Continue reading to find information to help you understand just how much assistance you can expect to receive from Ross Medical Education Center - Ann Arbor.
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. 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 - Ann Arbor, 90% of new full-time first-years were awarded at least some aid (about 26 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 86% | $4,015 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 86% | $4,015 |
| State/local grants | 0% | — |
| Federal student loans | 79% | $5,388 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. At Ross - Ann Arbor, about 70% of undergrads got grants or scholarships worth on average $4,404 (across approximately 39 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 70% | $4,404 |
| Federal Pell grants | 70% | $4,404 |
| Federal student loans | 59% | $5,770 |
For on-campus title-IV students, average grant aid came to $3,920.
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 | $19,408 |
Remember these are net prices — what families pay after gift aid, not before.
The net price strips out grant and scholarship aid from the sticker price to show roughly what families really pay.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $20,250 |
| Off-campus title-IV students | $19,408 |
To get a personalized net price estimate, try Ross - Ann Arbor’s online cost calculator: rosseducation.edu/consumer-info/#npc.
The median federal debt load at Ross - Ann Arbor comes to $7,719 in federal 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 |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
The numbers below show the full range, not just the middle of the distribution. The four reference points below map the debt distribution at Ross - Ann Arbor.
| 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 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $8,609 |
| Middle income | $7,000 |
| High income | $5,500 |
By First-Generation Status
| 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 - Ann Arbor.
The Stafford program is the federal direct-loan vehicle most undergraduates use. The totals below capture Stafford lending at Ross - Ann Arbor:
| Metric | Value |
|---|---|
| Stafford loan recipients | 23511 |
| Total Stafford loan amount | $270,946,967 |
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or 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.