Number Received Financial Aid (All Undergraduate)
119
Percent Received Financial Aid(All Undergraduate)
70%
Average Aid Amount
$5,345
Number Received Financial Aid (Freshmen)
73
Percent Received Financial Aid (Freshmen)
84%
Financial Aid Information at Milan Institute-Sparks
For the academic year 2021-2022, a total of 119 students (70% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $5,345. For freshmen (Full-time, first-time degree-seeking undergraduate students), 73 students (84% of enrolled students) received financial aid.
The 2024 undergraduate tuition & fees at Milan Institute-Sparks is $13,091, for reference.
All Undergraduate Students Financial Aid
For the academic year 2021-2022, a total of 119 students (70% of all students) have received grants or scholarships and the average received aid amount is $5,345. 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 | 119 | 70% | $5,345 |
| Pell Grants | 110 | 65% | $4,004 |
| Federal Student Loans | 114 | 67% | $6,680 |
Beginning Students Financial Aid
a total of 73 beginning students (84% of all freshmen) have received any financial aid and 73 students (84% 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 | 73 | 84% | - |
| Grants or Scholarship from All Sources | 62 | 71% | $5,149 |
| Federal Grants | 62 | 71% | $4,239 |
| Pell Grants | 60 | 69% | $3,872 |
| Other Federal Grants | 21 | 24% | $1,454 |
| State/Local Grants | 0 | 0% | $0 |
| Institutional Grants | 32 | 37% | $1,763 |
| Student Loans | 64 | 74% | $7,375 |
| Federal Student Loans | 64 | 74% | $7,375 |
| Other Student Loans | 0 | 0% | $0 |
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