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

1%

Received Percent Changed

$105

Received Amount Changes

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 494, which is 67.33 % of all undergraduate students. 468 students which is 63.78% of undergraduate students received federal student loans and the average loan amount is $5,540.

For full-time, first-time beginning students (freshmen), 68.67% 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-Clovis since 2014.

For that period, the average number of students who received grants aid/scholarships is 494, which is 67.33 % of all undergraduate students. 468 students which is 63.78% of undergraduate students received federal student loans and the average loan amount is $5,540.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-15398 (64%)$3,514398 (64%)$3,496391 (63%)$5,921
2015-16523 (72%)$3,557521 (72%)$3,559507 (70%)$5,508
2016-17282 (44%)$2,978273 (43%)$3,028283 (44%)$5,742
2017-18461 (78%)$3,826461 (78%)$3,823435 (74%)$5,426
2018-19464 (64%)$3,371464 (64%)$3,345369 (51%)$5,632
2019-20528 (78%)$3,900495 (73%)$3,973486 (72%)$6,412
2020-21473 (62%)$3,261458 (60%)$3,332450 (59%)$4,657
2021-22707 (79%)$4,550678 (76%)$3,983683 (76%)$5,520
2022-23612 (65%)$3,619612 (65%)$3,619608 (65%)$5,046
Average494 (67.33%)$3,620484 (66.11%)$3,573468 (63.78%)$5,540
*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, 412 (68.67 % of students) received grants or scholarships and its average amount is $3,574. It can cover 30.14% of tuition & fees ($11,859).

In addition, 390 (64.89 % of students) students get helped from the students loans (average amount : $5,487).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-15238 (67%)$3,610238 (67%)$6,007
2015-16378 (77%)$3,469361 (74%)$5,353
2016-17206 (41%)$3,123192 (38%)$6,088
2017-18377 (78%)$3,872361 (74%)$5,452
2018-19397 (70%)$3,451328 (58%)$5,755
2019-20485 (83%)$3,919450 (77%)$6,416
2020-21410 (58%)$2,512387 (55%)$3,616
2021-22686 (80%)$4,571663 (77%)$5,550
2022-23532 (64%)$3,643532 (64%)$5,143
Average412 (68.67%)$3,574390 (64.89%)$5,487
*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, 404 (67.33 % of students) received Pell (federal) grants and its average amount is $3,523.

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
2014-15238 (67%)$3,601----2 (1%)$1,000
2015-16378 (77%)$3,461----3 (1%)$1,000
2016-17204 (41%)$3,146----3 (1%)$500
2017-18377 (78%)$3,871----1 (0%)$500
2018-19397 (70%)$3,426----19 (3%)$526
2019-20454 (77%)$3,999235 (40%)$325--17 (3%)$529
2020-21397 (56%)$2,55612 (2%)$1,108--1 (0%)$2,000
2021-22657 (76%)$4,007315 (37%)$1,558--8 (1%)$1,500
2022-23532 (64%)$3,643------
Average404 (67.33%)$3,523187 (26.33%)$997--7 (1.67%)$944
*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, 390 (64.89 % of students) get any students loan help and its average loan amount is $390.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-15238 (67%)$6,007238 (67%)$6,007--
2015-16361 (74%)$5,353361 (74%)$5,353--
2016-17192 (38%)$6,088192 (38%)$6,088--
2017-18361 (74%)$5,452361 (74%)$5,452--
2018-19328 (58%)$5,755328 (58%)$5,755--
2019-20450 (77%)$6,416450 (77%)$6,416--
2020-21387 (55%)$3,616387 (55%)$3,616--
2021-22663 (77%)$5,550663 (77%)$5,550--
2022-23532 (64%)$5,143532 (64%)$5,143--
Average390 (64.89%)$5,487390 (64.89%)$5,487--

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