by our College Data Analytics TeamThe majority of students will not be asked to pay 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 cost of going to Ross Medical Education Center-Fort Wayne can seem tremendous, but do not forget that almost all students are given some form of financial help.
Just what financial assistance solutions will Ross - Fort Wayne provide, and just what are you going to be eligible for? Read on for answers. Keep scrolling to discover just how much financial aid could be open to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. The figures below will help you estimate the aid you might receive from Ross Medical Education Center-Fort Wayne.
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. However, some types of aid are more desirable than others, and some students will receive more than others.
Looking at the entering class at Ross Medical Education Center-Fort Wayne, 78% of first-year full-time students received aid of some kind approximately 87 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 71% | $5,179 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 71% | $5,179 |
| State/local grants | 0% | — |
| Federal student loans | 68% | $6,400 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. At Ross - Fort Wayne, approximately 66% of undergrads got grants or scholarships worth on average $4,945 (among about 151 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 66% | $4,945 |
| Federal Pell grants | 66% | $4,945 |
| Federal student loans | 62% | $6,409 |
On-campus students receiving title-IV aid were awarded grants averaging $4,611.
Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $23,230 |
| $30,001 – $75,000 | $22,932 |
Each figure is the net price after grants and scholarships, not the published sticker price.
Net price is the average annual cost after grants and scholarships are subtracted from the published cost of attendance — the figure closest to what a typical aid-receiving student actually pays.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $19,592 |
| Off-campus title-IV students | $23,193 |
To project your own net price, use Ross - Fort Wayne’s NPC: rosseducation.edu/consumer-info/#npc.
The median federal debt load at Ross - Fort Wayne comes to $5,500 of cumulative federal debt.
| 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 |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.
The numbers below show the full range, not just the middle of the distribution. Use the percentiles below to see the debt range at Ross - Fort Wayne.
| 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.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $8,019 |
| Middle income | $5,500 |
| High income | $5,500 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $5,645 |
| Continuing-generation students | $5,500 |
Dependent vs Independent Students
| 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 - Fort Wayne.
Stafford loans make up the bulk of federal direct lending to undergraduates. The annual Stafford volume below reflects program activity at Ross - Fort Wayne:
| Metric | Value |
|---|---|
| Stafford loan recipients | 10236 |
| Total Stafford loan amount | $78,795,229 |
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.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 1 |
| Total GI Bill amount | $16,297 |
| Average GI Bill amount per recipient | $16,297 |
References
More about our data sources and methodologies.