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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 Milligan University since 2014.
For that period, the average number of students who received grants aid/scholarships is 800, which is 91.38 % of all undergraduate students. 476 students which is 54.38% of undergraduate students received federal student loans and the average loan amount is $7,109.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-15830 (87%)$18,902314 (33%)$4,310545 (57%)$7,196
2015-16791 (89%)$20,013291 (33%)$4,150523 (59%)$8,315
2016-17803 (91%)$20,232260 (30%)$4,144516 (59%)$6,969
2017-18783 (91%)$22,070254 (30%)$4,263498 (58%)$8,248
2018-19767 (93%)$23,133217 (26%)$4,370444 (54%)$6,640
2019-20811 (92%)$24,047226 (26%)$4,491439 (50%)$6,445
2020-21854 (91%)$24,397223 (24%)$4,752447 (48%)$6,434
2021-22764 (97%)$27,317211 (27%)$4,750397 (50%)$6,626
Average800 (91.38%)$22,514250 (28.63%)$4,404476 (54.38%)$7,109

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

OverviewGrants/ScholarshipStudent Loans
For the last 9 years, on average, 190 (100.00 % of students) received grants or scholarships and its average amount is $24,011. It can cover 61.02% of tuition & fees ($39,350).
In addition, 111 (58.25 % of students) students get helped from the students loans (average amount : $7,003).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-15181 (100%)$19,545114 (63%)$7,234
2015-16187 (100%)$21,767118 (63%)$6,715
2016-17194 (100%)$21,886115 (59%)$6,348
2017-18203 (100%)$23,149127 (62%)$7,966
2018-19155 (100%)$24,46387 (56%)$6,191
2019-20226 (100%)$25,808125 (55%)$6,438
2020-21198 (100%)$26,768108 (55%)$6,929
2021-22176 (100%)$28,70193 (53%)$8,206
Average190 (100.00%)$24,011111 (58.25%)$7,003
*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 9 years, on average, 54 (28.25 % of students) received Pell (federal) grants and its average amount is $4,266.
In addition, 104 students received State/local government grants/scholarships (54.75 % 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
2014-1550 (28%)$4,31415 (8%)$81391 (50%)$4,685181 (100%)$15,931
2015-1655 (29%)$3,88820 (11%)$78894 (50%)$4,814187 (100%)$18,119
2016-1759 (30%)$4,07412 (6%)$844108 (56%)$4,694194 (100%)$17,982
2017-1856 (27%)$3,91610 (5%)$1,06293 (46%)$4,548203 (100%)$19,933
2018-1946 (30%)$4,50117 (11%)$897107 (69%)$4,422155 (100%)$19,976
2019-2069 (31%)$4,498187 (83%)$835123 (54%)$4,656226 (100%)$21,209
2020-2145 (23%)$4,462185 (93%)$380115 (58%)$4,351198 (100%)$22,872
2021-2250 (28%)$4,473176 (100%)$1,06797 (55%)$5,134176 (100%)$23,533
Average54 (28.25%)$4,26678 (39.63%)$836104 (54.75%)$4,663190 (100.00%)$19,944
*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 9 years, on average, 111 (58.25 % of students) get any students loan help and its average loan amount is $111.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-15114 (63%)$7,234114 (63%)$5,72312 (7%)$14,355
2015-16118 (63%)$6,715116 (62%)$5,40214 (7%)$11,843
2016-17115 (59%)$6,348115 (59%)$5,35811 (6%)$10,354
2017-18127 (62%)$7,966127 (62%)$5,61925 (12%)$11,926
2018-1987 (56%)$6,19185 (55%)$4,9579 (6%)$13,031
2019-20125 (55%)$6,438124 (55%)$5,20414 (6%)$11,383
2020-21108 (55%)$6,929108 (55%)$5,07513 (7%)$15,405
2021-2293 (53%)$8,20691 (52%)$5,45018 (10%)$14,846
Average111 (58.25%)$7,003110 (57.88%)$5,34915 (7.63%)$12,893

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