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How many students are received the students loans at Milan Institute Merced?

For the academic year 2022-2023, total 176 full-time, first-time students (81% of all freshmen) have received student loans (federal or other source). For all undergraduate students, total 301 students (73% of all students) have received federal student loans and the average loan amount is $6,144 at Milan Institute-Merced.

Below tables show the number and amount by source of financial aid at Milan Institute-Merced.
All Undergraduate Student Financial Aid at Milan Institute-Merced
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Federal, state, local, institutional or other grant aid32178%$4,844
Pell Grants31576%$4,235
Federal Student Loans30173%$6,144
Beginning Students (Freshmen) Financial Aid at Milan Institute-Merced
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid20594%-
Grants or Scholarship from All Sources19389%$4,574
Federal Grants19389%$4,546
Pell Grants19288%$4,225
Other Federal Grants6630%$1,004
State/Local Grants00%$0
Institutional Grants63%$894
Student Loans17681%$6,382
Federal Student Loans17681%$6,382
Other Student Loans00%$0

What is the Loans to students?

Any monies that must be repaid to the lending institution for which the student is the designated borrower. Includes all Title IV subsidized and unsubsidized loans and all institutionally and privately sponsored loans. Does not include PLUS and other loans made directly to parents.

Know more about Milan Institute-Merced

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