Scholarships, Grants, and Loan Trends at Milan Institute-Amarillo

6%

Received Percent Changed

$198

Received Amount Changes

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 150, which is 71.89 % of all undergraduate students. 128 students which is 60.56% of undergraduate students received federal student loans and the average loan amount is $5,932.

For full-time, first-time beginning students (freshmen), 74.11% of students received grants or scholarships and 65% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table shows the trends of financial aid for all undergraduate students at Milan Institute-Amarillo since 2014.

For that period, the average number of students who received grants aid/scholarships is 150, which is 71.89 % of all undergraduate students. 128 students which is 60.56% of undergraduate students received federal student loans and the average loan amount is $5,932.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-15210 (72%)$3,585209 (72%)$3,550194 (66%)$5,865
2015-16194 (72%)$3,872194 (72%)$3,861183 (68%)$6,224
2016-17135 (73%)$3,231134 (72%)$3,22943 (23%)$3,529
2017-1892 (66%)$4,25891 (65%)$4,02686 (62%)$5,894
2018-1986 (65%)$4,38486 (65%)$4,38467 (51%)$7,143
2019-20114 (72%)$4,233106 (67%)$4,385110 (69%)$6,572
2020-21131 (72%)$4,689130 (71%)$4,375117 (64%)$6,694
2021-22156 (77%)$5,900153 (76%)$4,423141 (70%)$6,338
2022-23232 (78%)$3,783232 (78%)$3,779215 (72%)$5,130
Average150 (71.89%)$4,215148 (70.89%)$4,001128 (60.56%)$5,932
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

For the last 10 years, on average, 118 (74.11 % of students) received grants or scholarships and its average amount is $4,268. It can cover 28.58% of tuition & fees ($14,931).

In addition, 104 (64.56 % of students) students get helped from the students loans (average amount : $5,865).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-15144 (78%)$3,651133 (72%)$6,033
2015-16131 (76%)$4,042123 (72%)$6,538
2016-1789 (70%)$3,83438 (30%)$3,826
2017-1875 (66%)$4,24969 (61%)$5,854
2018-1978 (70%)$4,35362 (56%)$7,097
2019-2094 (82%)$4,60696 (84%)$6,791
2020-21114 (73%)$3,829102 (65%)$5,034
2021-22138 (75%)$6,026124 (68%)$6,415
2022-23201 (77%)$3,822191 (73%)$5,193
Average118 (74.11%)$4,268104 (64.56%)$5,865
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.

The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 118 (73.78 % of students) received Pell (federal) grants and its average amount is $4,010.

In addition, 4 students received State/local government grants/scholarships (3.00 % of students).

Year Federal (Pell) GrantsOther Federal State/Local governmentInstitutional
Number Received (percent)Average AmountNumber Received (percent)Average Amount Number Received (percent)Average AmountNumber Received (percent)Average Amount
2014-15144 (78%)$3,651------
2015-16131 (76%)$4,026--1 (1%)$1002 (1%)$1,000
2016-1789 (70%)$3,818----2 (2%)$750
2017-1874 (65%)$3,984--6 (5%)$3,4765 (4%)$600
2018-1978 (70%)$4,353------
2019-2093 (82%)$4,50552 (46%)$250--1 (1%)$1,000
2020-21113 (72%)$3,46017 (11%)$753--25 (16%)$1,305
2021-22135 (74%)$4,47767 (37%)$1,275--76 (42%)$1,866
2022-23201 (77%)$3,817----1 (0%)$1,000
Average118 (73.78%)$4,01045 (31.33%)$7594 (3.00%)$1,78816 (11.00%)$1,074
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.

The following table describes number of students and average amount of loans by loan type. The following table shows the trends of grants or scholarships over time.

For the last 10 years, on average, 104 (64.56 % of students) get any students loan help and its average loan amount is $104.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-15133 (72%)$6,033133 (72%)$6,033--
2015-16123 (72%)$6,538123 (72%)$6,538--
2016-1738 (30%)$3,82638 (30%)$3,826--
2017-1869 (61%)$5,85469 (61%)$5,854--
2018-1962 (56%)$7,09762 (56%)$7,097--
2019-2096 (84%)$6,79196 (84%)$6,791--
2020-21102 (65%)$5,034102 (65%)$5,034--
2021-22124 (68%)$6,415124 (68%)$6,415--
2022-23191 (73%)$5,193191 (73%)$5,193--
Average104 (64.56%)$5,865104 (64.56%)$5,865--

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