Scholarships, Grants, and Loan Trends at MIAD

No Change

Received Percent Changed

$7,043

Received Amount Changes

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 761, which is 99.67 % of all undergraduate students. 631 students which is 82.33% of undergraduate students received federal student loans and the average loan amount is $7,218.

For full-time, first-time beginning students (freshmen), 100.00% 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 Milwaukee Institute of Art & Design since 2014.

For that period, the average number of students who received grants aid/scholarships is 761, which is 99.67 % of all undergraduate students. 631 students which is 82.33% of undergraduate students received federal student loans and the average loan amount is $7,218.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-15621 (100%)$17,350267 (43%)$4,296498 (80%)$7,833
2015-16616 (98%)$17,862262 (42%)$4,550491 (78%)$7,410
2016-17628 (100%)$19,397286 (45%)$4,427499 (79%)$7,205
2017-18659 (100%)$20,674289 (44%)$4,841577 (87%)$7,226
2018-19752 (99%)$21,824311 (41%)$4,647671 (89%)$7,013
2019-20863 (100%)$22,309369 (43%)$4,729711 (82%)$7,140
2020-21923 (100%)$23,482370 (40%)$4,945831 (90%)$7,124
2021-22896 (100%)$25,338345 (38%)$4,933709 (79%)$7,076
2022-23895 (100%)$24,393326 (36%)$5,284691 (77%)$6,932
Average761 (99.67%)$21,403314 (41.33%)$4,739631 (82.33%)$7,218
*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, 215 (100.00 % of students) received grants or scholarships and its average amount is $22,225. It can cover 50.81% of tuition & fees ($43,743).

In addition, 181 (84.11 % of students) students get helped from the students loans (average amount : $8,756).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-15144 (100%)$18,545122 (85%)$8,927
2015-16177 (100%)$18,164147 (83%)$8,169
2016-17174 (100%)$20,772138 (79%)$8,283
2017-18196 (100%)$21,925187 (95%)$8,414
2018-19236 (100%)$22,441198 (84%)$9,421
2019-20275 (100%)$22,475229 (83%)$9,862
2020-21292 (100%)$24,879242 (83%)$8,203
2021-22221 (100%)$26,216179 (81%)$8,417
2022-23221 (100%)$24,605186 (84%)$9,111
Average215 (100.00%)$22,225181 (84.11%)$8,756
*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, 94 (43.89 % of students) received Pell (federal) grants and its average amount is $4,665.

In addition, 76 students received State/local government grants/scholarships (36.33 % 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
2014-1566 (46%)$4,57639 (27%)$47163 (44%)$3,212144 (100%)$14,915
2015-1685 (48%)$4,32945 (25%)$51175 (42%)$2,770177 (100%)$14,782
2016-1789 (51%)$4,42736 (21%)$70868 (39%)$2,906174 (100%)$17,226
2017-1887 (44%)$4,89240 (20%)$50076 (39%)$2,939196 (100%)$18,511
2018-1996 (41%)$4,32045 (19%)$46782 (35%)$3,300236 (100%)$19,448
2019-20115 (42%)$5,00371 (26%)$45485 (31%)$3,086274 (100%)$19,382
2020-21131 (45%)$4,679243 (83%)$70896 (33%)$3,327292 (100%)$21,097
2021-2291 (41%)$4,765214 (97%)$1,69071 (32%)$3,511221 (100%)$21,489
2022-2382 (37%)$4,99082 (37%)$51871 (32%)$3,786221 (100%)$21,345
Average94 (43.89%)$4,66591 (39.44%)$67076 (36.33%)$3,204215 (100.00%)$18,688
*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, 181 (84.11 % of students) get any students loan help and its average loan amount is $181.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-15122 (85%)$8,927122 (85%)$6,86719 (13%)$13,226
2015-16147 (83%)$8,169146 (82%)$5,89424 (14%)$14,184
2016-17138 (79%)$8,283137 (79%)$5,73227 (16%)$13,250
2017-18187 (95%)$8,414186 (95%)$5,94933 (17%)$14,150
2018-19198 (84%)$9,421197 (83%)$5,67757 (24%)$13,104
2019-20229 (83%)$9,862228 (83%)$5,56861 (22%)$16,211
2020-21242 (83%)$8,203242 (83%)$5,69942 (14%)$14,427
2021-22179 (81%)$8,417179 (81%)$5,59833 (15%)$15,289
2022-23186 (84%)$9,111184 (83%)$5,47542 (19%)$16,360
Average181 (84.11%)$8,756180 (83.78%)$5,82938 (17.11%)$14,467

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