Many 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 total price of attendance at Ross Medical Education Center - Taylor can feel overwhelming, but bear in mind that many students receive some sort of financial aid.
Just what financing solutions does Ross - Taylor provide, and just what are you going to be eligible for? Keep scrolling for answers. Scroll down to discover 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. Read on to get a sense of the financial assistance available at Ross Medical Education Center - Taylor.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. 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 - Taylor, 84% of first-year full-time students received aid of some kind some 38 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 73% | $4,407 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 73% | $4,407 |
| State/local grants | 0% | — |
| Federal student loans | 69% | $5,880 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. At Ross - Taylor, some 67% of undergraduate students received gift aid averaging $4,419 (covering around 70 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 67% | $4,419 |
| Federal Pell grants | 67% | $4,419 |
| Federal student loans | 60% | $6,254 |
For students living on campus and receiving title-IV aid, grants averaged $3,931.
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 | $20,135 |
| $30,001 – $75,000 | $25,509 |
Each figure is the net price after grants and scholarships, not the published sticker price.
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 | $19,987 |
| Off-campus title-IV students | $20,273 |
To get a personalized net price estimate, try Ross - Taylor’s official net price calculator: rosseducation.edu/consumer-info/#npc.
A typical borrower at Ross - Taylor leaves with $8,481 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $8,481 |
| 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 median alone does not show how widely outcomes vary across the student body. The percentiles below describe the cumulative federal debt distribution for borrowers at Ross - Taylor.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,655 |
| 25th percentile | $5,500 |
| 75th percentile | $9,500 |
| 90th percentile (highest-debt students) | $9,500 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $9,500 |
| Middle income | $6,431 |
| High income | $5,500 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $8,876 |
| Continuing-generation students | $5,500 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $9,500 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. Ross - Taylor.
The Stafford program is the federal direct-loan vehicle most undergraduates use. The annual Stafford volume below reflects program activity at Ross - Taylor:
| Metric | Value |
|---|---|
| Stafford loan recipients | 9329 |
| Total Stafford loan amount | $73,355,629 |
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 1 |
| Total GI Bill amount | $4,074 |
| Average GI Bill amount per recipient | $4,074 |
References
More about our data sources and methodologies.