The Ross Medical Education Center-Dayton reported a 1.9% tuition increase for the 2022-23 school year, based on the most recent disclosure, according to the latest disclosure from the National Center for Education Statistics.
Students enrolled at the private for-profit institution paid $16,297 this year, which is $307 more than the $15,990 tuition charged during the 2021-22 academic year.
Approximately 98% of the undergraduate students at the school are residents of Ohio, while around 2% come from other states.
Data indicates that all full-time undergraduates who began their studies at Ross Medical Education Center-Dayton in 2022-23 received some form of student financial aid. A total of 71 students were awarded grants or scholarships amounting to $408,551, and 73 students secured student loans exceeding $719,791.
Across the entire undergraduate population, 144 students received grants or scholarships totaling $794,920. Additionally, 136 students obtained federal student loans amounting to $987,320.
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.
| Type of Aid | Number of students awarded aid | Percent awarded aid | Total amount of aid awarded | Average amount of aid per student |
|---|---|---|---|---|
| Federal grants | 71 | 87% | $373,360 | $5,259 |
| State / local grant or scholarship | 0 | 5% | $0 | $0 |
| Institutional grants or scholarships | 15 | 18% | $2,734 | $182 |
| Grant or scholarship aid total | 71 | 87% | $408,551 | $5,754 |
| Federal student loans | 70 | 85% | $520,697 | $7,439 |
| Other student loans | 29 | 35% | $199,094 | $6,865 |
| Student loan aid | 73 | 89% | $719,791 | $9,860 |
| Total student aid | 82 | 100% | $1.1 million | $13,760 |
