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All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Milan Institute-Merced since 2013.
For that period, the average number of students who received grants aid/scholarships is 331, which is 69.22 % of all undergraduate students. 310 students which is 64.89% of undergraduate students received federal student loans and the average loan amount is $6,462.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14298 (80%)$4,181298 (80%)$4,181291 (78%)$7,374
2014-15410 (76%)$3,888410 (76%)$3,885409 (76%)$6,030
2015-16429 (73%)$3,784429 (73%)$3,784430 (73%)$5,786
2016-17195 (39%)$3,223194 (39%)$3,233197 (40%)$6,625
2017-18348 (76%)$4,081348 (76%)$4,034318 (69%)$6,611
2018-19331 (66%)$3,889329 (65%)$3,908240 (48%)$7,083
2019-20363 (73%)$4,347350 (71%)$4,335337 (68%)$7,158
2020-21280 (62%)$4,300277 (62%)$3,906264 (59%)$5,348
2021-22321 (78%)$4,844315 (76%)$4,235301 (73%)$6,144
Average331 (69.22%)$4,060328 (68.67%)$3,945310 (64.89%)$6,462

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

OverviewGrants/ScholarshipStudent Loans
For the last 10 years, on average, 250 (73.56 % of students) received grants or scholarships and its average amount is $4,001. It can cover 25.77% of tuition & fees ($15,527).
In addition, 234 (69.11 % of students) students get helped from the students loans (average amount : $6,245).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14248 (86%)$3,960241 (84%)$7,179
2014-15252 (81%)$3,896250 (80%)$6,414
2015-16296 (82%)$3,782287 (80%)$5,686
2016-17159 (40%)$3,317163 (41%)$5,356
2017-18275 (74%)$4,453256 (69%)$6,744
2018-19269 (73%)$4,058204 (56%)$7,286
2019-20325 (78%)$4,415307 (74%)$7,047
2020-21231 (59%)$3,554221 (57%)$4,107
2021-22193 (89%)$4,574176 (81%)$6,382
Average250 (73.56%)$4,001234 (69.11%)$6,245
*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, 248 (73.11 % of students) received Pell (federal) grants and its average amount is $3,903.
In addition, 2 students received State/local government grants/scholarships (1.00 % 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
2013-14248 (86%)$3,960------
2014-15252 (81%)$3,890----1 (0%)$1,500
2015-16296 (82%)$3,782------
2016-17159 (40%)$3,317------
2017-18275 (74%)$4,420--2 (1%)$4,501--
2018-19268 (73%)$4,071----1 (0%)$500
2019-20313 (75%)$4,402175 (42%)$325----
2020-21230 (59%)$3,06391 (23%)$763--26 (7%)$1,808
2021-22192 (88%)$4,22566 (30%)$1,004--6 (3%)$894
Average248 (73.11%)$3,903111 (31.67%)$6972 (1.00%)$4,5019 (5.00%)$1,176
*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, 234 (69.11 % of students) get any students loan help and its average loan amount is $234.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14241 (84%)$7,179241 (84%)$7,179--
2014-15250 (80%)$6,414250 (80%)$6,414--
2015-16287 (80%)$5,686287 (80%)$5,686--
2016-17163 (41%)$5,356163 (41%)$5,356--
2017-18256 (69%)$6,744256 (69%)$6,744--
2018-19204 (56%)$7,286204 (56%)$7,286--
2019-20307 (74%)$7,047307 (74%)$7,047--
2020-21221 (57%)$4,107221 (57%)$4,107--
2021-22176 (81%)$6,382176 (81%)$6,382--
Average234 (69.11%)$6,245234 (69.11%)$6,245--

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