How Milan Institute of Cosmetology-El Paso'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 of Cosmetology-El Paso since 2013.

For that period, the average number of students who received grants aid/scholarships is 399, which is 70.00 % of all undergraduate students. 363 students which is 62.67% of undergraduate students received federal student loans and the average loan amount is $5,550.

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	559 (77%)	$3,908	554 (76%)	$3,922	528 (73%)	$6,726
2014-15	459 (68%)	$3,679	459 (68%)	$3,679	445 (65%)	$6,201
2015-16	475 (74%)	$3,870	475 (74%)	$3,870	471 (73%)	$5,947
2016-17	194 (38%)	$4,609	194 (38%)	$4,609	205 (40%)	$5,937
2017-18	289 (70%)	$3,599	287 (69%)	$3,510	251 (60%)	$4,921
2018-19	323 (71%)	$3,411	323 (71%)	$3,406	227 (50%)	$5,160
2019-20	402 (84%)	$4,176	388 (81%)	$4,153	338 (71%)	$5,545
2020-21	412 (67%)	$3,577	387 (63%)	$3,342	372 (60%)	$4,404
2021-22	482 (81%)	$4,258	465 (78%)	$3,723	429 (72%)	$5,108
Average	399 (70.00%)	$3,899	392 (68.67%)	$3,802	363 (62.67%)	$5,550

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

Overview

For the last 10 years, on average, 291 (76.56 % of students) received grants or scholarships and its average amount is $3,842. It can cover 27.26% of tuition & fees ($14,092).

In addition, 263 (69.67 % of students) students get helped from the students loans (average amount : $5,580).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	337 (88%)	$3,851	326 (85%)	$6,606
2014-15	307 (77%)	$3,734	283 (71%)	$6,473
2015-16	306 (80%)	$3,815	293 (77%)	$6,072
2016-17	192 (62%)	$4,624	203 (65%)	$5,970
2017-18	224 (71%)	$3,718	208 (66%)	$5,136
2018-19	277 (73%)	$3,503	199 (53%)	$5,298
2019-20	355 (88%)	$4,213	306 (76%)	$5,603
2020-21	354 (63%)	$3,027	314 (56%)	$3,591
2021-22	264 (87%)	$4,090	238 (78%)	$5,467
Average	291 (76.56%)	$3,842	263 (69.67%)	$5,580

^*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, 286 (75.78 % of students) received Pell (federal) grants and its average amount is $3,781.

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	337 (88%)	$3,831	-	-	-	-	2 (1%)	$3,250
2014-15	307 (77%)	$3,734	-	-	-	-	-	-
2015-16	306 (80%)	$3,815	-	-	-	-	-	-
2016-17	192 (62%)	$4,624	-	-	-	-	-	-
2017-18	223 (71%)	$3,690	3 (1%)	$3,301	-	-	-	-
2018-19	277 (73%)	$3,501	-	-	-	-	1 (0%)	$500
2019-20	342 (85%)	$4,192	175 (43%)	$342	-	-	4 (1%)	$500
2020-21	330 (59%)	$2,737	20 (4%)	$5,540	-	-	6 (1%)	$9,583
2021-22	264 (87%)	$3,903	94 (31%)	$526	-	-	-	-
Average	286 (75.78%)	$3,781	73 (19.75%)	$2,427	-	-	3 (1.00%)	$3,458

^*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, 263 (69.67 % of students) get any students loan help and its average loan amount is $263.

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	326 (85%)	$6,606	326 (85%)	$6,606	-	-
2014-15	283 (71%)	$6,473	283 (71%)	$6,473	-	-
2015-16	293 (77%)	$6,072	293 (77%)	$6,072	-	-
2016-17	203 (65%)	$5,970	203 (65%)	$5,970	-	-
2017-18	208 (66%)	$5,136	208 (66%)	$5,136	-	-
2018-19	199 (53%)	$5,298	199 (53%)	$5,298	-	-
2019-20	306 (76%)	$5,603	306 (76%)	$5,603	-	-
2020-21	314 (56%)	$3,591	314 (56%)	$3,591	-	-
2021-22	238 (78%)	$5,467	238 (78%)	$5,467	-	-
Average	263 (69.67%)	$5,580	263 (69.67%)	$5,580	-	-

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Scholarships, Grants, and Loan Trends at Milan Institute of Cosmetology-El Paso

All Undergraduate Students Financial Aid Over Time

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