Scholarships, Grants, and Loan Trends at Milan Institute-Las Vegas

Over the past 11 years (2013-2023), the average number of students who received grants aid/scholarships is 299, which is 62.00 % of all undergraduate students. 255 students which is 51.90% of undergraduate students received federal student loans and the average loan amount is $6,353.
For full-time, first-time beginning students (freshmen), 67.20% of students received grants or scholarships and 57% of students received student loans.

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-Las Vegas since 2013.
For that period, the average number of students who received grants aid/scholarships is 299, which is 62.00 % of all undergraduate students. 255 students which is 51.90% of undergraduate students received federal student loans and the average loan amount is $6,353.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14434 (58%)$3,605432 (57%)$3,595403 (53%)$5,962
2014-15413 (73%)$3,630413 (73%)$3,623376 (67%)$5,997
2015-16460 (72%)$3,773460 (72%)$3,764437 (69%)$5,854
2016-17362 (56%)$4,154361 (56%)$4,163309 (48%)$7,212
2017-18227 (45%)$4,270184 (36%)$4,409150 (30%)$7,429
2018-19208 (40%)$4,113208 (40%)$4,081176 (34%)$6,730
2019-20209 (56%)$4,165204 (55%)$4,143156 (42%)$7,667
2020-21203 (67%)$4,430196 (65%)$3,650154 (51%)$5,959
2021-22252 (77%)$4,766244 (75%)$3,858207 (63%)$5,800
2022-23223 (76%)$3,450223 (76%)$3,450183 (62%)$4,915
Average299 (62.00%)$4,036293 (60.50%)$3,874255 (51.90%)$6,353

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

For the last 11 years, on average, 230 (67.20 % of students) received grants or scholarships and its average amount is $4,156. It can cover 31.75% of tuition & fees ($13,091).
In addition, 196 (57.10 % of students) students get helped from the students loans (average amount : $6,368).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14303 (63%)$5,132279 (58%)$6,236
2014-15297 (83%)$3,727271 (76%)$6,223
2015-16343 (81%)$4,027321 (76%)$6,223
2016-17301 (88%)$4,222273 (80%)$7,446
2017-18185 (42%)$4,322123 (28%)$7,372
2018-19169 (40%)$4,251144 (34%)$6,951
2019-20188 (60%)$4,132139 (44%)$7,809
2020-21173 (64%)$3,846140 (51%)$4,369
2021-22149 (78%)$4,324121 (64%)$6,008
2022-23187 (73%)$3,577153 (60%)$5,043
Average230 (67.20%)$4,156196 (57.10%)$6,368
*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.
The following table shows the trends of grants or scholarships over time. For the last 11 years, on average, 224 (65.70 % of students) received Pell (federal) grants and its average amount is $4,045.
In addition, 16 students received State/local government grants/scholarships (10.00 % of students).
Year Federal (Pell) GrantsOther Federal State/Local governmentInstitutional
Number Received (percent)Average AmountNumber Received (percent)Average Amount Number Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14302 (63%)$5,143--1 (0%)$2,000--
2014-15297 (83%)$3,720----2 (1%)$1,000
2015-16343 (81%)$4,027------
2016-17301 (88%)$4,222------
2017-18143 (33%)$4,512--45 (10%)$3,4181 (0%)$500
2018-19169 (40%)$4,245----2 (0%)$500
2019-20183 (58%)$4,11066 (21%)$3251 (0%)$2,6631 (0%)$500
2020-21166 (61%)$3,03886 (32%)$825--64 (24%)$1,408
2021-22146 (77%)$3,85765 (34%)$1,053--13 (7%)$988
2022-23187 (73%)$3,577------
Average224 (65.70%)$4,04572 (29.00%)$73416 (10.00%)$2,69414 (10.67%)$816
*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..
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 11 years, on average, 196 (57.10 % of students) get any students loan help and its average loan amount is $196.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14279 (58%)$6,236279 (58%)$6,236--
2014-15271 (76%)$6,223271 (76%)$6,223--
2015-16321 (76%)$6,223321 (76%)$6,223--
2016-17273 (80%)$7,446273 (80%)$7,446--
2017-18123 (28%)$7,372123 (28%)$7,372--
2018-19144 (34%)$6,951144 (34%)$6,951--
2019-20139 (44%)$7,809139 (44%)$7,809--
2020-21140 (51%)$4,369140 (51%)$4,369--
2021-22121 (64%)$6,008121 (64%)$6,008--
2022-23153 (60%)$5,043153 (60%)$5,043--
Average196 (57.10%)$6,368196 (57.10%)$6,368--
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