The Ross Medical Education Center-Ann Arbor reported a 1.9% tuition increase for the 2022-23 school year, as revealed in recent disclosures, according to the latest disclosure from the National Center for Education Statistics.
Students paid $16,297 to attend the private, for-profit institution this year, which is $307 higher than the $15,990 tuition charged during the 2021-22 school year.
All undergraduate students enrolled at the school are residents of Michigan.
Data indicates that every full-time undergraduate who began studies at Ross Medical Education Center-Ann Arbor in 2022-23 received some form of student financial aid. Specifically, 19 students were awarded grants or scholarships totaling $105,441, while 21 students borrowed more than $210,096 in student loans.
Across the entire undergraduate body, 55 students received grants or scholarships amounting to $307,807. Additionally, 55 students obtained federal student loans totaling $380,516.
Undergraduate education costs have seen a significant increase over the past few decades. Data shows a 169% rise in the average total cost, including tuition, fees, room, and board, between 1980 and 2020.
According to a 2023 College Board report, in-state students at public universities paid an average of $11,260, while out-of-state students paid $29,150 in the 2023-24 academic year.
Meanwhile, student loan debt has steadily increased over the last 30 years, reaching $1.75 trillion in 2024, averaging a total of $28,950 per borrower. Federal loans make up 92% of the debt, with over half of students at both public and private four-year colleges graduating with student loans.
Available data sometimes exceeds 100% due to rounding and administrative calculations.
The following data includes only full-time students who began an undergraduate program at the Ross Medical Education Center-Ann Arbor in the 2022-23 school year.
| Type of Aid | Number of students awarded aid | Percent awarded aid | Total amount of aid awarded | Average amount of aid per student |
|---|---|---|---|---|
| Federal grants | 19 | 83% | $105,348 | $5,545 |
| State / local grant or scholarship | 0 | 0% | $0 | $0 |
| Institutional grants or scholarships | 0 | 4% | $0 | $0 |
| Grant or scholarship aid total | 19 | 83% | $105,441 | $5,550 |
| Federal student loans | 21 | 91% | $127,287 | $6,061 |
| Other student loans | 13 | 57% | $82,809 | $6,370 |
| Student loan aid | 21 | 91% | $210,096 | $10,005 |
| Total student aid | 23 | 100% | $315,537 | $13,719 |
Information in this story was obtained from the National Center for Education Statistics. The source data can be found here.
