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What is the average loan amount at Millikin University?

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For the academic year 2022-2023, total 270 full-time, first-time students (66% of all freshmen) have received student loans (federal or other source). For all undergraduate students, total 1,118 students (62% of all students) have received federal student loans and the average loan amount is $7,109 at Millikin University.

Below tables show the number and amount by source of financial aid at Millikin University.
All Undergraduate Student Financial Aid at Millikin University
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Federal, state, local, institutional or other grant aid1,70094%$28,498
Pell Grants63935%$4,927
Federal Student Loans1,11862%$7,109
Beginning Students (Freshmen) Financial Aid at Millikin University
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid409100%-
Grants or Scholarship from All Sources409100%$30,528
Federal Grants14836%$5,485
Pell Grants14836%$5,059
Other Federal Grants9122%$693
State/Local Grants12029%$5,319
Institutional Grants409100%$26,982
Student Loans27066%$7,197
Federal Student Loans26765%$5,752
Other Student Loans287%$14,550
see more grants, scholarship, student loans, and other financial aid stats

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