How Milan Institute-Las Vegas'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-Las Vegas since 2013.

For that period, the average number of students who received grants aid/scholarships is 308, which is 60.44 % of all undergraduate students. 263 students which is 50.78% of undergraduate students received federal student loans and the average loan amount is $6,512.

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	434 (58%)	$3,605	432 (57%)	$3,595	403 (53%)	$5,962
2014-15	413 (73%)	$3,630	413 (73%)	$3,623	376 (67%)	$5,997
2015-16	460 (72%)	$3,773	460 (72%)	$3,764	437 (69%)	$5,854
2016-17	362 (56%)	$4,154	361 (56%)	$4,163	309 (48%)	$7,212
2017-18	227 (45%)	$4,270	184 (36%)	$4,409	150 (30%)	$7,429
2018-19	208 (40%)	$4,113	208 (40%)	$4,081	176 (34%)	$6,730
2019-20	209 (56%)	$4,165	204 (55%)	$4,143	156 (42%)	$7,667
2020-21	203 (67%)	$4,430	196 (65%)	$3,650	154 (51%)	$5,959
2021-22	252 (77%)	$4,766	244 (75%)	$3,858	207 (63%)	$5,800
Average	308 (60.44%)	$4,101	300 (58.78%)	$3,921	263 (50.78%)	$6,512

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

Overview

For the last 10 years, on average, 234 (66.56 % of students) received grants or scholarships and its average amount is $4,220. It can cover 32.24% of tuition & fees ($13,091).

In addition, 201 (56.78 % of students) students get helped from the students loans (average amount : $6,515).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	303 (63%)	$5,132	279 (58%)	$6,236
2014-15	297 (83%)	$3,727	271 (76%)	$6,223
2015-16	343 (81%)	$4,027	321 (76%)	$6,223
2016-17	301 (88%)	$4,222	273 (80%)	$7,446
2017-18	185 (42%)	$4,322	123 (28%)	$7,372
2018-19	169 (40%)	$4,251	144 (34%)	$6,951
2019-20	188 (60%)	$4,132	139 (44%)	$7,809
2020-21	173 (64%)	$3,846	140 (51%)	$4,369
2021-22	149 (78%)	$4,324	121 (64%)	$6,008
Average	234 (66.56%)	$4,220	201 (56.78%)	$6,515

^*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, 228 (64.89 % of students) received Pell (federal) grants and its average amount is $4,097.

In addition, 16 students received State/local government grants/scholarships (10.00 % of students).

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	302 (63%)	$5,143	-	-	1 (0%)	$2,000	-	-
2014-15	297 (83%)	$3,720	-	-	-	-	2 (1%)	$1,000
2015-16	343 (81%)	$4,027	-	-	-	-	-	-
2016-17	301 (88%)	$4,222	-	-	-	-	-	-
2017-18	143 (33%)	$4,512	-	-	45 (10%)	$3,418	1 (0%)	$500
2018-19	169 (40%)	$4,245	-	-	-	-	2 (0%)	$500
2019-20	183 (58%)	$4,110	66 (21%)	$325	1 (0%)	$2,663	1 (0%)	$500
2020-21	166 (61%)	$3,038	86 (32%)	$825	-	-	64 (24%)	$1,408
2021-22	146 (77%)	$3,857	65 (34%)	$1,053	-	-	13 (7%)	$988
Average	228 (64.89%)	$4,097	72 (29.00%)	$734	16 (10.00%)	$2,694	14 (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..

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, 201 (56.78 % of students) get any students loan help and its average loan amount is $201.

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	279 (58%)	$6,236	279 (58%)	$6,236	-	-
2014-15	271 (76%)	$6,223	271 (76%)	$6,223	-	-
2015-16	321 (76%)	$6,223	321 (76%)	$6,223	-	-
2016-17	273 (80%)	$7,446	273 (80%)	$7,446	-	-
2017-18	123 (28%)	$7,372	123 (28%)	$7,372	-	-
2018-19	144 (34%)	$6,951	144 (34%)	$6,951	-	-
2019-20	139 (44%)	$7,809	139 (44%)	$7,809	-	-
2020-21	140 (51%)	$4,369	140 (51%)	$4,369	-	-
2021-22	121 (64%)	$6,008	121 (64%)	$6,008	-	-
Average	201 (56.78%)	$6,515	201 (56.78%)	$6,515	-	-

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

All Undergraduate Students Financial Aid Over Time

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