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What is the average financial aid amount at Milan Institute Merced?

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For the academic year 2022-2023, total 205 full-time, first-time students (94% of all freshmen) awarded any student financial aid. The headcount includes the number of full-time, first-time degree seeking beginning undergraduate students.

For all undergraduate students, total 321 students (78% of all students) received grants or scholarships and the average grant amount is $4,844. In addition, 301 students received student loans and the average loan amount is $6,144.

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
see more grants, scholarship, student loans, and other financial aid stats

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