For the academic year 2022-2023, total 331 full-time, first-time students (89% 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 524 students (80% of all students) received grants or scholarships and the average grant amount is $4,692. In addition, 484 students received student loans and the average loan amount is $5,575.
Below tables show the number and amount by source of financial aid at Milan Institute-Bakersfield.
For all undergraduate students, total 524 students (80% of all students) received grants or scholarships and the average grant amount is $4,692. In addition, 484 students received student loans and the average loan amount is $5,575.
Below tables show the number and amount by source of financial aid at Milan Institute-Bakersfield.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Federal, state, local, institutional or other grant aid | 524 | 80% | $4,692 |
| Pell Grants | 499 | 76% | $4,134 |
| Federal Student Loans | 484 | 74% | $5,575 |
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Any Student Financial Aid | 331 | 89% | - |
| Grants or Scholarship from All Sources | 301 | 81% | $4,311 |
| Federal Grants | 301 | 81% | $4,311 |
| Pell Grants | 300 | 80% | $3,944 |
| Other Federal Grants | 103 | 28% | $1,112 |
| State/Local Grants | 0 | 0% | $0 |
| Institutional Grants | 0 | 0% | $0 |
| Student Loans | 286 | 77% | $5,593 |
| Federal Student Loans | 286 | 77% | $5,593 |
| Other Student Loans | 0 | 0% | $0 |
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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