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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-Sparks since 2011.
For that period, the average number of students who received grants aid/scholarships is 225, which is 55.45 % of all undergraduate students. 214 students which is 51.55% of undergraduate students received federal student loans and the average loan amount is $6,053.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-12296 (50%)$3,869296 (50%)$3,840297 (50%)$6,483
2012-13196 (33%)$3,843195 (33%)$3,805199 (34%)$6,424
2013-14311 (48%)$3,647308 (47%)$3,650329 (50%)$6,080
2014-15299 (48%)$3,549297 (47%)$3,528295 (47%)$5,961
2015-16341 (58%)$3,540340 (58%)$3,531330 (56%)$5,582
2016-17282 (62%)$2,476282 (62%)$2,445246 (54%)$4,204
2017-18214 (64%)$4,087168 (50%)$4,006170 (51%)$6,320
2018-19167 (55%)$3,784158 (52%)$3,866154 (51%)$6,522
2019-20139 (65%)$3,627119 (56%)$3,973130 (61%)$6,102
2020-21111 (57%)$4,16498 (51%)$3,74490 (46%)$6,226
2021-22119 (70%)$5,345110 (65%)$4,004114 (67%)$6,680
Average225 (55.45%)$3,812216 (51.91%)$3,672214 (51.55%)$6,053

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

OverviewGrants/ScholarshipStudent Loans
For the last 12 years, on average, 176 (61.64 % of students) received grants or scholarships and its average amount is $3,830. It can cover 29.25% of tuition & fees ($13,091).
In addition, 166 (58.09 % of students) students get helped from the students loans (average amount : $6,182).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-12296 (77%)$3,869297 (78%)$6,483
2012-13196 (56%)$3,843199 (57%)$6,424
2013-14221 (54%)$3,661235 (58%)$6,262
2014-15221 (53%)$3,727215 (51%)$6,324
2015-16243 (62%)$3,570234 (60%)$5,741
2016-17171 (52%)$3,230123 (38%)$5,579
2017-18167 (61%)$4,063131 (48%)$6,505
2018-19139 (59%)$3,816128 (54%)$6,681
2019-20112 (72%)$3,756106 (68%)$5,878
2020-21104 (61%)$3,44290 (53%)$4,750
2021-2262 (71%)$5,14964 (74%)$7,375
Average176 (61.64%)$3,830166 (58.09%)$6,182
*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 12 years, on average, 169 (58.45 % of students) received Pell (federal) grants and its average amount is $3,676.
In addition, 8 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
2011-12296 (77%)$3,8406 (2%)$4382 (1%)$1,5098 (2%)$372
2012-13195 (56%)$3,805--2 (1%)$5,0222 (1%)$600
2013-14221 (54%)$3,647----3 (1%)$1,000
2014-15219 (52%)$3,720--4 (1%)$2,1881 (0%)$200
2015-16243 (62%)$3,558----3 (1%)$1,000
2016-17171 (52%)$3,197--2 (1%)$6256 (2%)$750
2017-18127 (46%)$4,034--41 (15%)$3,89611 (4%)$591
2018-19131 (56%)$3,902--3 (1%)$2,73021 (9%)$524
2019-20101 (65%)$3,95158 (37%)$2511 (1%)$3,0008 (5%)$500
2020-2193 (54%)$2,91235 (20%)$482--46 (27%)$1,530
2021-2260 (69%)$3,87221 (24%)$1,454--32 (37%)$1,763
Average169 (58.45%)$3,67630 (20.75%)$6568 (3.00%)$2,71013 (8.90%)$803
*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 12 years, on average, 166 (58.09 % of students) get any students loan help and its average loan amount is $166.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2011-12297 (78%)$6,483297 (78%)$6,483--
2012-13199 (57%)$6,424199 (57%)$6,424--
2013-14235 (58%)$6,262235 (58%)$6,262--
2014-15215 (51%)$6,324215 (51%)$6,324--
2015-16234 (60%)$5,741234 (60%)$5,741--
2016-17123 (38%)$5,579123 (38%)$5,579--
2017-18131 (48%)$6,505131 (48%)$6,505--
2018-19128 (54%)$6,681128 (54%)$6,681--
2019-20106 (68%)$5,878106 (68%)$5,878--
2020-2190 (53%)$4,75090 (53%)$4,750--
2021-2264 (74%)$7,37564 (74%)$7,375--
Average166 (58.09%)$6,182166 (58.09%)$6,182--

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