How Milan Institute-Clovis's Financial Aid Changes

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Milan Institute-Clovis since 2013.

For that period, the average number of students who received grants aid/scholarships is 481, which is 67.67 % of all undergraduate students. 452 students which is 63.56% of undergraduate students received federal student loans and the average loan amount is $5,688.

Year	Grant or Scholarship^*		Pell Grants		Federal Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	497 (68%)	$3,705	493 (67%)	$3,709	463 (63%)	$6,373
2014-15	398 (64%)	$3,514	398 (64%)	$3,496	391 (63%)	$5,921
2015-16	523 (72%)	$3,557	521 (72%)	$3,559	507 (70%)	$5,508
2016-17	282 (44%)	$2,978	273 (43%)	$3,028	283 (44%)	$5,742
2017-18	461 (78%)	$3,826	461 (78%)	$3,823	435 (74%)	$5,426
2018-19	464 (64%)	$3,371	464 (64%)	$3,345	369 (51%)	$5,632
2019-20	528 (78%)	$3,900	495 (73%)	$3,973	486 (72%)	$6,412
2020-21	473 (62%)	$3,261	458 (60%)	$3,332	450 (59%)	$4,657
2021-22	707 (79%)	$4,550	678 (76%)	$3,983	683 (76%)	$5,520
Average	481 (67.67%)	$3,629	471 (66.33%)	$3,583	452 (63.56%)	$5,688

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

Overview

For the last 10 years, on average, 385 (72.00 % of students) received grants or scholarships and its average amount is $3,588. It can cover 27.48% of tuition & fees ($13,059).

In addition, 361 (67.78 % of students) students get helped from the students loans (average amount : $5,618).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	284 (94%)	$3,766	272 (90%)	$6,321
2014-15	238 (67%)	$3,610	238 (67%)	$6,007
2015-16	378 (77%)	$3,469	361 (74%)	$5,353
2016-17	206 (41%)	$3,123	192 (38%)	$6,088
2017-18	377 (78%)	$3,872	361 (74%)	$5,452
2018-19	397 (70%)	$3,451	328 (58%)	$5,755
2019-20	485 (83%)	$3,919	450 (77%)	$6,416
2020-21	410 (58%)	$2,512	387 (55%)	$3,616
2021-22	686 (80%)	$4,571	663 (77%)	$5,550
Average	385 (72.00%)	$3,588	361 (67.78%)	$5,618

^*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.

^**percentage of number of students receiving aids among all undergraduate students.

Grants/Scholarship

The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 376 (70.67 % of students) received Pell (federal) grants and its average amount is $3,536.

Year	Federal (Pell) Grants		Other Federal		State/Local government		Institutional
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	284 (94%)	$3,761	-	-	-	-	1 (0%)	$1,337
2014-15	238 (67%)	$3,601	-	-	-	-	2 (1%)	$1,000
2015-16	378 (77%)	$3,461	-	-	-	-	3 (1%)	$1,000
2016-17	204 (41%)	$3,146	-	-	-	-	3 (1%)	$500
2017-18	377 (78%)	$3,871	-	-	-	-	1 (0%)	$500
2018-19	397 (70%)	$3,426	-	-	-	-	19 (3%)	$526
2019-20	454 (77%)	$3,999	235 (40%)	$325	-	-	17 (3%)	$529
2020-21	397 (56%)	$2,556	12 (2%)	$1,108	-	-	1 (0%)	$2,000
2021-22	657 (76%)	$4,007	315 (37%)	$1,558	-	-	8 (1%)	$1,500
Average	376 (70.67%)	$3,536	187 (26.33%)	$997	-	-	6 (1.67%)	$988

^*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.

^**percentage of number of students receiving aids among all undergraduate students..

Student Loans

The following table describes number of students and average amount of loans by loan type. The following table shows the trends of grants or scholarships over time.

For the last 10 years, on average, 361 (67.78 % of students) get any students loan help and its average loan amount is $361.

Year	Total		Federal student loans		Other student loans
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	272 (90%)	$6,321	272 (90%)	$6,321	-	-
2014-15	238 (67%)	$6,007	238 (67%)	$6,007	-	-
2015-16	361 (74%)	$5,353	361 (74%)	$5,353	-	-
2016-17	192 (38%)	$6,088	192 (38%)	$6,088	-	-
2017-18	361 (74%)	$5,452	361 (74%)	$5,452	-	-
2018-19	328 (58%)	$5,755	328 (58%)	$5,755	-	-
2019-20	450 (77%)	$6,416	450 (77%)	$6,416	-	-
2020-21	387 (55%)	$3,616	387 (55%)	$3,616	-	-
2021-22	663 (77%)	$5,550	663 (77%)	$5,550	-	-
Average	361 (67.78%)	$5,618	361 (67.78%)	$5,618	-	-

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Scholarships, Grants, and Loan Trends at Milan Institute-Clovis

All Undergraduate Students Financial Aid Over Time

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time