The Ross Medical Education Center-Knoxville 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 higher than the $15,990 charged during the 2021-22 academic year.
Approximately 97% of the undergraduate student body at the school are residents of Tennessee, while about 3% come from other states.
Data indicates that all full-time undergraduates who began studies at Ross Medical Education Center-Knoxville in 2022-23 received some form of student financial aid. Specifically, 50 students were awarded grants or scholarships totaling $280,290, and 54 students obtained student loans exceeding $556,710.
Across the entire undergraduate population, 116 students received grants or scholarships amounting to $663,489. Additionally, 116 students borrowed $845,032 in federal student loans.
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 | 50 | 86% | $271,963 | $5,439 |
| State / local grant or scholarship | 0 | 0% | $0 | $0 |
| Institutional grants or scholarships | 6 | 10% | $8,327 | $1,388 |
| Grant or scholarship aid total | 50 | 86% | $280,290 | $5,606 |
| Federal student loans | 51 | 88% | $344,291 | $6,751 |
| Other student loans | 33 | 57% | $212,419 | $6,437 |
| Student loan aid | 54 | 93% | $556,710 | $10,309 |
| Total student aid | 58 | 100% | $837,000 | $14,431 |
