For the academic year 2022-2023, total 409 full-time, first-time students (100% 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 1,700 students (94% of all students) received grants or scholarships and the average grant amount is $28,498. In addition, 1,118 students received student loans and the average loan amount is $7,109.
Below tables show the number and amount by source of financial aid at Millikin University.
For all undergraduate students, total 1,700 students (94% of all students) received grants or scholarships and the average grant amount is $28,498. In addition, 1,118 students received student loans and the average loan amount is $7,109.
Below tables show the number and amount by source of financial aid at Millikin University.
Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
---|---|---|---|
Federal, state, local, institutional or other grant aid | 1,700 | 94% | $28,498 |
Pell Grants | 639 | 35% | $4,927 |
Federal Student Loans | 1,118 | 62% | $7,109 |
Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
---|---|---|---|
Any Student Financial Aid | 409 | 100% | - |
Grants or Scholarship from All Sources | 409 | 100% | $30,528 |
Federal Grants | 148 | 36% | $5,485 |
Pell Grants | 148 | 36% | $5,059 |
Other Federal Grants | 91 | 22% | $693 |
State/Local Grants | 120 | 29% | $5,319 |
Institutional Grants | 409 | 100% | $26,982 |
Student Loans | 270 | 66% | $7,197 |
Federal Student Loans | 267 | 65% | $5,752 |
Other Student Loans | 28 | 7% | $14,550 |
What is the Financial aid?
Federal Work Study, grants, loans to students (government and/or private), assistantships, scholarships, fellowships, tuition waivers, tuition discounts, employer aid (tuition reimbursement) and other monies (other than from relatives/friends) provided to students to meet expenses. This excludes loans to parents.
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