$4,158

Avg. Federal Grant

$8,470

Avg. Federal Loan

$426,689

Total Aid Awarded

Ross College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

85%

Total Aid Amount Average Total Aid Awarded per year.

$426.689K

Financial Aid Official Website

www.rosseducation.edu

Among them are scholarship programs such as Dr. Allen Smith Memorial Scholarship, James R. Hunt Memorial Scholarship, Larry and Doris Clark Scholarship, and Minority Journalism Scholarship. Notably, 72% of the students at Ross College-Hopkinsville get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $666,378. The total percentage of candidates applying to Ross College-Hopkinsville who receive the Federal Grant is 66%. In comparison, 72% of the students are awarded the Student Grant, 50% get the Institution Grant, and 66% of the applicants receive the Pell Grant. On the other hand, the average aid received by the Pell Grant awardees is $4,110. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. However, student loans attract a certain rate of interest at which the funds are borrowed. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. Every year, around 59% of the applicants to Ross College-Hopkinsville opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

83%

State Grant Aid

N/A

Institution Grant Aid

50%

Pell Grant

83%

Average Aid Awarded

Federal Grant Aid

$4,158

State Grant Aid

N/A

Institution Grant Aid

$368

Pell Grant

$4,158

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$3,947

$30,001 - $48,000

N/A

$48,001 - $75,000

N/A

$75,001 - $110,000

N/A

Over $110,000

N/A

Student Loans for Ross College

Average Loan Amount Average Loan Amount received per year.

$9,918/Year

Students Taking Out Loans

67%

Loan Default Rate

N/A

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