Scholarships, Grants, and Loan Trends at Miles

-4%

Received Percent Changed

$1,740

Received Amount Changes

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 1,469, which is 92.11 % of all undergraduate students. 1,389 students which is 86.56% of undergraduate students received federal student loans and the average loan amount is $6,858.

For full-time, first-time beginning students (freshmen), 97.00% of students received grants or scholarships and 84% 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 Miles College since 2014.

For that period, the average number of students who received grants aid/scholarships is 1,469, which is 92.11 % of all undergraduate students. 1,389 students which is 86.56% of undergraduate students received federal student loans and the average loan amount is $6,858.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-151,680 (94%)$7,5471,520 (85%)$4,7081,623 (91%)$7,527
2015-161,715 (92%)$6,7431,568 (84%)$4,8061,694 (90%)$7,146
2016-171,696 (93%)$6,6641,544 (85%)$4,8101,684 (93%)$6,949
2017-181,544 (94%)$7,3531,425 (86%)$5,3001,527 (93%)$7,191
2018-191,465 (95%)$7,6941,333 (86%)$5,3931,415 (91%)$7,224
2019-201,365 (94%)$7,8221,218 (84%)$5,4291,298 (89%)$7,309
2020-211,289 (90%)$8,0431,127 (78%)$5,4731,159 (80%)$6,963
2021-221,328 (87%)$8,2731,132 (74%)$5,8741,129 (74%)$4,263
2022-231,138 (90%)$9,287950 (76%)$6,012975 (78%)$7,153
Average1,469 (92.11%)$7,7141,313 (82.00%)$5,3121,389 (86.56%)$6,858
*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, 362 (97.00 % of students) received grants or scholarships and its average amount is $7,602. It can cover 57.10% of tuition & fees ($13,314).

In addition, 314 (84.00 % of students) students get helped from the students loans (average amount : $6,264).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-15481 (99%)$6,512429 (88%)$7,063
2015-16416 (98%)$5,933383 (91%)$6,511
2016-17427 (100%)$6,553404 (94%)$6,210
2017-18304 (99%)$7,623286 (93%)$6,665
2018-19346 (99%)$8,199315 (91%)$6,642
2019-20301 (99%)$7,880268 (88%)$6,588
2020-21341 (87%)$8,037276 (70%)$6,481
2021-22357 (95%)$9,391223 (59%)$3,629
2022-23288 (97%)$8,290244 (82%)$6,590
Average362 (97.00%)$7,602314 (84.00%)$6,264
*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, 322 (86.33 % of students) received Pell (federal) grants and its average amount is $5,386.

In addition, 120 students received State/local government grants/scholarships (32.56 % 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
2014-15435 (90%)$4,739160 (33%)$883151 (31%)$547132 (27%)$6,416
2015-16376 (89%)$4,746121 (29%)$93556 (13%)$756102 (24%)$5,178
2016-17384 (90%)$4,978130 (30%)$923121 (28%)$907134 (31%)$4,902
2017-18279 (91%)$5,30985 (28%)$1,057115 (37%)$840111 (36%)$5,853
2018-19308 (89%)$5,58999 (28%)$1,005132 (38%)$1,113135 (39%)$6,437
2019-20268 (88%)$5,536120 (39%)$1,166124 (41%)$1,113104 (34%)$5,870
2020-21310 (79%)$5,440156 (40%)$1,504142 (36%)$1,223121 (31%)$5,339
2021-22289 (77%)$5,97285 (23%)$1,626149 (40%)$1,682287 (76%)$4,313
2022-23249 (84%)$6,16997 (33%)$1,74786 (29%)$1,727101 (34%)$5,281
Average322 (86.33%)$5,386117 (31.44%)$1,205120 (32.56%)$1,101136 (36.89%)$5,510
*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, 314 (84.00 % of students) get any students loan help and its average loan amount is $314.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-15429 (88%)$7,063429 (88%)$7,0332 (0%)$6,557
2015-16383 (91%)$6,511383 (91%)$6,5041 (0%)$2,800
2016-17404 (94%)$6,210404 (94%)$6,1801 (0%)$12,223
2017-18286 (93%)$6,665285 (93%)$6,5652 (1%)$17,500
2018-19315 (91%)$6,642314 (90%)$6,6062 (1%)$9,000
2019-20268 (88%)$6,588267 (88%)$6,4743 (1%)$12,333
2020-21276 (70%)$6,481276 (70%)$6,4232 (1%)$8,058
2021-22223 (59%)$3,629223 (59%)$3,3735 (1%)$11,401
2022-23244 (82%)$6,590243 (82%)$6,5163 (1%)$8,227
Average314 (84.00%)$6,264314 (83.89%)$6,1862 (1.00%)$9,789

Ratings & Review

Share your experiences and thoughts about Miles College. It will be a great help to applicants and prospective students!