Number Received Financial Aid (All Undergraduate)
321
Percent Received Financial Aid(All Undergraduate)
78%
Average Aid Amount
$4,844
Number Received Financial Aid (Freshmen)
205
Percent Received Financial Aid (Freshmen)
94%
Financial Aid Information at Milan Institute-Merced
For the academic year 2021-2022, a total of 321 students (78% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $4,844. For freshmen (Full-time, first-time degree-seeking undergraduate students), 205 students (94% of enrolled students) received financial aid.
The 2024 undergraduate tuition & fees at Milan Institute-Merced is $15,527, for reference.
All Undergraduate Students Financial Aid
For the academic year 2021-2022, a total of 321 students (78% of all students) have received grants or scholarships and the average received aid amount is $4,844. It includes federal, state, local, institutional, or other sources of grant aid. The following table describes the financial aid statistics by aid types at Milan Institute-Merced for all undergraduate students.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Federal, state, local, institutional or other grant aid | 321 | 78% | $4,844 |
| Pell Grants | 315 | 76% | $4,235 |
| Federal Student Loans | 301 | 73% | $6,144 |
Beginning Students Financial Aid
a total of 205 beginning students (94% of all freshmen) have received any financial aid and 205 students (94% of all freshmen) awarded any student loans. The headcount includes the number of full-time, first-time degree-seeking beginning undergraduate students. The below table shows the number and amount by the source of financial aid at Milan Institute-Merced.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Any Student Financial Aid | 205 | 94% | - |
| Grants or Scholarship from All Sources | 193 | 89% | $4,574 |
| Federal Grants | 193 | 89% | $4,546 |
| Pell Grants | 192 | 88% | $4,225 |
| Other Federal Grants | 66 | 30% | $1,004 |
| State/Local Grants | 0 | 0% | $0 |
| Institutional Grants | 6 | 3% | $894 |
| Student Loans | 176 | 81% | $6,382 |
| Federal Student Loans | 176 | 81% | $6,382 |
| Other Student Loans | 0 | 0% | $0 |
Know about California Colleges
- Which colleges offer Distance education (Online Courses) in California?
- Which colleges offer Less than 1 year certificate program in California?
- What is The Average Acceptance Rate in California?
- Which colleges grant Credit for military training in California?
- How many colleges are Historically Black colleges (HBCUs) in California?
- Which colleges offer ROTC Navy programs in California?
- How much is Average Living Costs in California?
- Which colleges are 2-4 Years in California?
- How many colleges require the Completion of college-preparatory program in California?
- Which colleges offer Two but Less than 4 years certificate program in California?