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Ross Medical Education Center - Port Huron Paying for Your Degree

81% Freshmen Get Financial Aid
$4,810 Average Grant & Scholarship
64% Undergrads Get Grant Aid

A lot of students will never be charged 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 sum total of attendance at Ross Medical Education Center - Port Huron can sound overpowering, but remember that the majority of students get some type of financial assistance.

What financial assistance options will Ross - Port Huron offer you, and what will you qualify for? Read on for more information. Keep going to discover just how much financial aid could be open to you.

Importance of Ross - Port Huron Financial Aid Info

Eligibility for aid and scholarships is driven mostly by your household’s income and need. Read on to get a sense of the financial assistance available at Ross Medical Education Center - Port Huron.

Freshman Financial Aid at Ross Medical Education Center - Port Huron

Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.

Looking at the entering class at Ross Medical Education Center - Port Huron, 81% of first-year full-time students received aid of some kind (about 30 students).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)68%$4,791
Institutional grants & scholarships0%
Federal Pell grants68%$4,711
State/local grants3%$2,000
Federal student loans68%$5,332

Undergraduate Grant Aid at Ross Medical Education Center - Port Huron

Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At this school, about 64% of undergraduate students received gift aid averaging $4,810 (covering around 35 students).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)64%$4,810
Federal Pell grants62%$4,892
Federal student loans56%$5,746

For on-campus title-IV students, average grant aid came to $3,992.

Income-Adjusted Net Price at Ross Medical Education Center - Port Huron

The figures below show the average net price — cost after all grant and scholarship aid — broken out by family income.

Family IncomeAverage Net Price
$0 – $48,000$20,216
$30,001 – $75,000$16,490
Over $75,000$23,877

Each figure is the net price after grants and scholarships, not the published sticker price.

What a Degree Really Costs at Ross Medical Education Center - Port Huron

The net price strips out grant and scholarship aid from the sticker price to show roughly what families really pay.

CohortAverage Net Price
On-campus title-IV students$19,659
Off-campus title-IV students$20,375

For a personalized estimate based on your family’s financial situation, use Ross - Port Huron’s net price tool: rosseducation.edu/consumer-info/#npc.

Median Student Debt for Graduates of Ross Medical Education Center - Port Huron

The median federal debt load at Ross - Port Huron comes to $7,504 of cumulative federal debt.

MetricAmount
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.

How Debt Is Distributed Across Students

A single median figure conceals how much debt outcomes differ student to student. The figures below chart the debt distribution at Ross - Port Huron.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$3,500
25th percentile$5,500
75th percentile$9,500
90th percentile (highest-debt students)$9,500

Student Debt by Cohort at Ross Medical Education Center - Port Huron

How much a student borrows depends heavily on family income, first-gen status, and dependency.

By Family Income

Income tierMedian federal debt
Low income$9,500
Middle income$5,500
High income$5,500

First-Generation Comparison

CohortMedian federal debt
First-generation students$7,599
Continuing-generation students$5,500

Dependent vs Independent Students

CohortMedian federal debt
Dependent students$5,500
Independent students$9,500

At-a-Glance Debt Indicators

The Department of Education computes summary indicators that describe debt outcomes at a glance. Ross - Port Huron.

Student Loans at Ross Medical Education Center - Port Huron

Stafford loans make up the bulk of federal direct lending to undergraduates. Below is the annual Stafford program activity at Ross - Port Huron:

MetricValue
Stafford loan recipients15598
Total Stafford loan amount$123,264,706

Military and Veterans Aid at Ross Medical Education Center - Port Huron

The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.

GI Bill volume

MetricValue
GI Bill recipients1
Total GI Bill amount$1,372
Average GI Bill amount per recipient$1,372

More Financial Aid Resources from Ross Medical Education Center - Port Huron

References

More about our data sources and methodologies.

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