by our College Data Analytics TeamMany 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 sum total of attendance at Ross Medical Education Center - Canton can sound overwhelming, but bear in mind that many students get some type of financial aid.
What financing options does Ross - Canton offer you, and what will you qualify for? Keep scrolling for more information. Keep going to see just how much financial aid could be open to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. The figures below will help you estimate the aid you might receive from Ross Medical Education Center - Canton.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. However, some types of aid are more desirable than others, and some students will receive more than others.
Among first-time, full-time freshmen at Ross Medical Education Center - Canton, 75% of new full-time first-years were awarded at least some aid some 60 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 64% | $4,776 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 64% | $4,737 |
| State/local grants | 1% | $2,000 |
| Federal student loans | 59% | $5,826 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. Here, some 63% of undergraduates were awarded an average grant or scholarship of $4,910 (covering around 94 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 63% | $4,910 |
| Federal Pell grants | 62% | $4,941 |
| Federal student loans | 56% | $5,694 |
For students living on campus and receiving title-IV aid, grants averaged $4,227.
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 | $26,387 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
Net price is the cost remaining after grant and scholarship aid is subtracted from the sticker price, and it is the most useful single number for estimating real cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $18,556 |
| Off-campus title-IV students | $20,650 |
To project your own net price, use Ross - Canton’s NPC: rosseducation.edu/consumer-info/#npc.
The middle student in the debt distribution at Ross - Canton owes $7,504 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $7,504 |
| Median federal debt (graduates only) | $9,500 |
| Typical 10-year monthly payment (graduates) | $100.72/mo |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
The numbers below show the full range, not just the middle of the distribution. The percentiles below describe the cumulative federal debt distribution for borrowers at Ross - Canton.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,500 |
| 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 | $5,500 |
| High income | $5,500 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $7,599 |
| Continuing-generation students | $5,500 |
Dependency-Status Comparison
| 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 - Canton.
Stafford loans make up the bulk of federal direct lending to undergraduates. The totals below capture Stafford lending at Ross - Canton:
| Metric | Value |
|---|---|
| Stafford loan recipients | 15598 |
| Total Stafford loan amount | $123,264,706 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 2 |
| Total GI Bill amount | $21,822 |
| Average GI Bill amount per recipient | $10,911 |
References
More about our data sources and methodologies.