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 price tag of going to Ross Medical Education Center - Saginaw can appear overpowering, but remember that the majority of students obtain some kind of financial assistance.
What financial assistance options will Ross - Saginaw offer you, and what will you qualify for? Read on for more information. Keep scrolling to see just how much financial aid could 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 Medical Education Center - Saginaw.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
For incoming first-year students at Ross Medical Education Center - Saginaw, 79% of first-year full-time students received aid of some kind roughly 53 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 72% | $4,745 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 72% | $4,745 |
| State/local grants | 0% | — |
| Federal student loans | 57% | $6,195 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. Here, about 72% of undergraduate students received gift aid averaging $5,082 (across roughly 89 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 72% | $5,082 |
| Federal Pell grants | 70% | $5,199 |
| Federal student loans | 60% | $6,857 |
Title-IV recipients living on campus saw average grant aid of $4,786.
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 | $20,884 |
| $30,001 – $75,000 | $21,400 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
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 | $18,831 |
| Off-campus title-IV students | $20,796 |
To project your own net price, use Ross - Saginaw’s online cost calculator: rosseducation.edu/consumer-info/#npc.
The median federal debt load at Ross - Saginaw comes to $7,504 of federal student loans.
| Metric | Amount |
|---|---|
| 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.
The numbers below show the full range, not just the middle of the distribution. The four reference points below map the debt distribution at Ross - Saginaw.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,500 |
| 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 | $5,500 |
| High income | $5,500 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $7,599 |
| 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 - Saginaw.
Stafford loans make up the bulk of federal direct lending to undergraduates. Below is the annual Stafford program activity at Ross - Saginaw:
| Metric | Value |
|---|---|
| Stafford loan recipients | 15598 |
| Total Stafford loan amount | $123,264,706 |
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.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 0 |
| Total GI Bill amount | $0 |
References
More about our data sources and methodologies.