by our College Data Analytics TeamMany students will never be charged 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 sum total of attendance at Ross Medical Education Center - Johnson City can sound overwhelming, but bear in mind that many students get some type of financial aid.
What financial assistance options will Ross - Johnson City offer, and what will you qualify for? Read on for more information. Read on to see just how much financial aid could 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 - Johnson City.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
Looking at the entering class at Ross Medical Education Center - Johnson City, 81% of new full-time first-years were awarded at least some aid around 46 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 65% | $4,938 |
| Institutional grants & scholarships | 2% | $2,000 |
| Federal Pell grants | 65% | $4,884 |
| State/local grants | 0% | — |
| Federal student loans | 74% | $6,224 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At this school, approximately 69% of the undergraduate population received grant aid that averaged $4,776 (across roughly 89 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 69% | $4,776 |
| Federal Pell grants | 69% | $4,754 |
| Federal student loans | 64% | $6,875 |
For on-campus title-IV students, average grant aid came to $3,864.
Since aid is largely need-based, the real cost of attendance falls steeply for lower-income families.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $22,228 |
| $30,001 – $75,000 | $20,560 |
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 | $19,832 |
| Off-campus title-IV students | $22,176 |
To get a personalized net price estimate, try Ross - Johnson City’s online cost calculator: rosseducation.edu/consumer-info/#npc.
The median federal debt load at Ross - Johnson City comes to $9,389 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $9,389 |
| 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.
A single median figure conceals how much debt outcomes differ student to student. The figures below chart the debt distribution at Ross - Johnson City.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,750 |
| 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.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $9,500 |
| Middle income | $7,908 |
| High income | $5,500 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,460 |
| 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 - Johnson City.
Stafford loans make up the bulk of federal direct lending to undergraduates. The annual Stafford volume below reflects program activity at Ross - Johnson City:
| Metric | Value |
|---|---|
| Stafford loan recipients | 5925 |
| Total Stafford loan amount | $45,290,468 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 2 |
| Total GI Bill amount | $7,616 |
| Average GI Bill amount per recipient | $3,808 |
References
More about our data sources and methodologies.