Number Received Financial Aid (All Undergraduate)
1,700
Percent Received Financial Aid(All Undergraduate)
94%
Average Aid Amount
$28,498
Number Received Financial Aid (Freshmen)
409
Percent Received Financial Aid (Freshmen)
100%
Financial Aid Information at Millikin
For the academic year 2021-2022, a total of 1,700 students (94% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $28,498. For freshmen (Full-time, first-time degree-seeking undergraduate students), 409 students (100% of enrolled students) received financial aid.
The 2024 undergraduate tuition & fees at Millikin University is $43,670, for reference.
All Undergraduate Students Financial Aid
For the academic year 2021-2022, a total of 1,700 students (94% of all students) have received grants or scholarships and the average received aid amount is $28,498. 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 | 1,700 | 94% | $28,498 |
| Pell Grants | 639 | 35% | $4,927 |
| Federal Student Loans | 1,118 | 62% | $7,109 |
Beginning Students Financial Aid
a total of 409 beginning students (100% of all freshmen) have received any financial aid and 409 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 | 409 | 100% | - |
| Grants or Scholarship from All Sources | 409 | 100% | $30,528 |
| Federal Grants | 148 | 36% | $5,485 |
| Pell Grants | 148 | 36% | $5,059 |
| Other Federal Grants | 91 | 22% | $693 |
| State/Local Grants | 120 | 29% | $5,319 |
| Institutional Grants | 409 | 100% | $26,982 |
| Student Loans | 270 | 66% | $7,197 |
| Federal Student Loans | 267 | 65% | $5,752 |
| Other Student Loans | 28 | 7% | $14,550 |
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