by our College Data Analytics TeamMost students will not be asked to pay 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 total price of attendance at Ross Medical Education Center - Lansing can feel tremendous, but do not forget that almost all students receive some sort of financial help.
Just what financial aid solutions can Ross - Lansing provide, and just what are you going to be eligible for? Keep reading for answers. Scroll down to find out how much school funding will be available 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 - Lansing.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
At Ross Medical Education Center - Lansing, 86% of the incoming full-time class was awarded financial aid around 83 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 79% | $4,927 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 79% | $4,927 |
| State/local grants | 0% | — |
| Federal student loans | 78% | $5,945 |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. Here, some 73% of undergraduates were awarded grant or scholarship aid averaging $4,718 (across approximately 143 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 73% | $4,718 |
| Federal Pell grants | 72% | $4,751 |
| Federal student loans | 69% | $6,060 |
For students living on campus and receiving title-IV aid, grants averaged $4,791.
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 | $22,414 |
| $30,001 – $75,000 | $24,269 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
After grants and scholarships come off the published price, what remains is the net price — the best estimate of true out-of-pocket cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $19,501 |
| Off-campus title-IV students | $22,537 |
To get a personalized net price estimate, try Ross - Lansing’s online cost calculator: rosseducation.edu/consumer-info/#npc.
The median student at Ross - Lansing graduates with $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 median alone does not show how widely outcomes vary across the student body. The four reference points below map the debt distribution at Ross - Lansing.
| 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.
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 |
By Dependency Status
| 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 - Lansing.
The Stafford loan program is the largest source of federal direct loans to undergraduates. These figures summarize annual Stafford program activity at Ross - Lansing:
| 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 | 1 |
| Total GI Bill amount | $14,667 |
| Average GI Bill amount per recipient | $14,667 |
References
More about our data sources and methodologies.