Number Received Financial Aid (All Undergraduate)
1,596
Percent Received Financial Aid(All Undergraduate)
93%
Average Aid Amount
$29,762
Number Received Financial Aid (Freshmen)
362
Percent Received Financial Aid (Freshmen)
100%
Financial Aid Information at Millikin
For the academic year 2023-2024, a total of 1,596 students (93% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $29,762. For freshmen (Full-time, first-time degree-seeking undergraduate students), 362 students (100% of enrolled students) received financial aid.
The 2025 undergraduate tuition & fees at Millikin University is $26,792, for reference.
All Undergraduate Students Financial Aid
For the academic year 2023-2024, a total of 1,596 students (93% of all students) have received grants or scholarships and the average received aid amount is $29,762. It includes federal, state, local, institutional, or other sources of grant aid.
The following table describes the financial aid statistics by aid types at Millikin University 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 | 1,596 | 93% | $29,762 |
| Pell Grants | 593 | 35% | $5,218 |
| Federal Student Loans | 1,040 | 61% | $6,892 |
Beginning Students Financial Aid
a total of 362 beginning students (100% of all freshmen) have received any financial aid and 362 students (100% 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 Millikin University.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Any Student Financial Aid | 362 | 100% | - |
| Grants or Scholarship from All Sources | 362 | 100% | $31,332 |
| Federal Grants | 148 | 41% | $5,806 |
| Pell Grants | 148 | 41% | $5,324 |
| Other Federal Grants | 100 | 28% | $715 |
| State/Local Grants | 130 | 36% | $6,497 |
| Institutional Grants | 362 | 100% | $26,625 |
| Student Loans | 245 | 68% | $7,813 |
| Federal Student Loans | 245 | 68% | $5,720 |
| Other Student Loans | 33 | 9% | $15,535 |
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