by our College Data Analytics TeamMany students are not billed 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 price of attendance at Ross College-Grand Rapids North can feel overpowering, but remember that the majority of students receive some sort of financial assistance.
Just what financial aid solutions can Ross - Grand Rapids North deliver, and just what are you going to be eligible for? Keep reading for answers. Keep scrolling to find out just how much financial aid will 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 College-Grand Rapids North.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. However, some types of aid are more desirable than others, and some students will receive more than others.
For freshmen starting at Ross College-Grand Rapids North, 77% of first-year full-time students received aid of some kind roughly 205 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 68% | $4,871 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 68% | $4,799 |
| State/local grants | 2% | $2,167 |
| Federal student loans | 62% | $5,104 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. At this school, some 62% of undergraduate students received gift aid averaging $4,961 (covering around 323 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 62% | $4,961 |
| Federal Pell grants | 61% | $4,965 |
| Federal student loans | 56% | $5,318 |
For on-campus title-IV students, average grant aid came to $4,381.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $21,761 |
| $30,001 – $75,000 | $22,742 |
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 | $20,033 |
| Off-campus title-IV students | $21,770 |
To get a personalized net price estimate, try Ross - Grand Rapids North’s net price calculator: rosseducation.edu/consumer-info/#npc.
The median federal debt load at Ross - Grand Rapids North comes to $5,500 of federal borrowing.
| 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 |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
The median alone does not show how widely outcomes vary across the student body. Use the percentiles below to see the debt range at Ross - Grand Rapids North.
| 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 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
Debt by Income Tier
| 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 |
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 - Grand Rapids North.
Stafford loans make up the bulk of federal direct lending to undergraduates. The totals below capture Stafford lending at Ross - Grand Rapids North:
| Metric | Value |
|---|---|
| Stafford loan recipients | 10236 |
| Total Stafford loan amount | $78,795,229 |
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 0 |
| Total GI Bill amount | $0 |
References
More about our data sources and methodologies.