Number Received Financial Aid (All Undergraduate)
83
Percent Received Financial Aid(All Undergraduate)
55%
Average Aid Amount
$3,876
Number Received Financial Aid (Freshmen)
95
Percent Received Financial Aid (Freshmen)
67%
Financial Aid Information at Milan Institute-Sparks
For the academic year 2023-2024, a total of 83 students (55% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $3,876. For freshmen (Full-time, first-time degree-seeking undergraduate students), 95 students (67% of enrolled students) received financial aid.
The 2025 undergraduate tuition & fees at Milan Institute-Sparks is $12,455, for reference.
All Undergraduate Students Financial Aid
For the academic year 2023-2024, a total of 83 students (55% of all students) have received grants or scholarships and the average received aid amount is $3,876. 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-Sparks 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 | 83 | 55% | $3,876 |
| Pell Grants | 83 | 55% | $3,876 |
| Federal Student Loans | 88 | 59% | $5,356 |
Beginning Students Financial Aid
a total of 95 beginning students (67% of all freshmen) have received any financial aid and 95 students (67% 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-Sparks.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Any Student Financial Aid | 95 | 67% | - |
| Grants or Scholarship from All Sources | 78 | 55% | $3,823 |
| Federal Grants | 78 | 55% | $3,823 |
| Pell Grants | 78 | 55% | $3,823 |
| Other Federal Grants | 0 | 0% | - |
| State/Local Grants | 0 | 0% | - |
| Institutional Grants | 0 | 0% | - |
| Student Loans | 83 | 58% | $5,282 |
| Federal Student Loans | 83 | 58% | $5,282 |
| Other Student Loans | 0 | 0% | - |
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