How Milan Institute of Cosmetology-La Quinta'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-La Quinta since 2013.

For that period, the average number of students who received grants aid/scholarships is 133, which is 61.38 % of all undergraduate students. 125 students which is 57.88% of undergraduate students received federal student loans and the average loan amount is $5,281.

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	186 (75%)	$4,224	185 (74%)	$4,231	177 (71%)	$6,244
2014-15	170 (65%)	$3,588	170 (65%)	$3,582	166 (63%)	$5,526
2015-16	133 (60%)	$3,483	133 (60%)	$3,483	127 (58%)	$4,849
2016-17	58 (34%)	$2,945	58 (34%)	$2,928	59 (34%)	$5,471
2017-18	92 (57%)	$3,948	92 (57%)	$3,948	94 (58%)	$4,781
2018-19	119 (60%)	$3,557	119 (60%)	$3,549	98 (50%)	$5,240
2019-20	143 (74%)	$4,033	136 (71%)	$4,046	131 (68%)	$5,927
2020-21	159 (66%)	$3,133	146 (61%)	$3,341	148 (61%)	$4,206
Average	133 (61.38%)	$3,614	130 (60.25%)	$3,639	125 (57.88%)	$5,281

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

Overview

For the last 9 years, on average, 101 (68.25 % of students) received grants or scholarships and its average amount is $3,524. It can cover 18.36% of tuition & fees ($19,199).

In addition, 96 (65.88 % of students) students get helped from the students loans (average amount : $5,116).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	107 (83%)	$4,170	108 (84%)	$6,150
2014-15	88 (72%)	$3,471	88 (72%)	$5,564
2015-16	78 (65%)	$3,492	75 (63%)	$4,732
2016-17	56 (54%)	$2,999	58 (56%)	$5,471
2017-18	78 (56%)	$4,164	83 (60%)	$4,954
2018-19	113 (68%)	$3,609	91 (55%)	$5,319
2019-20	136 (83%)	$4,074	126 (77%)	$5,952
2020-21	149 (65%)	$2,214	138 (60%)	$2,784
Average	101 (68.25%)	$3,524	96 (65.88%)	$5,116

^*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 9 years, on average, 99 (67.50 % of students) received Pell (federal) grants and its average amount is $3,521.

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	107 (83%)	$4,170	-	-	-	-	-	-
2014-15	88 (72%)	$3,471	-	-	-	-	-	-
2015-16	78 (65%)	$3,492	-	-	-	-	-	-
2016-17	56 (54%)	$2,981	-	-	-	-	1 (1%)	$1,000
2017-18	78 (56%)	$4,164	-	-	-	-	-	-
2018-19	113 (68%)	$3,600	-	-	-	-	1 (1%)	$1,000
2019-20	129 (79%)	$4,092	70 (43%)	$373	-	-	-	-
2020-21	146 (63%)	$2,201	12 (5%)	$350	-	-	3 (1%)	$1,433
Average	99 (67.50%)	$3,521	41 (24.00%)	$362	-	-	2 (1.00%)	$1,144

^*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 9 years, on average, 96 (65.88 % of students) get any students loan help and its average loan amount is $96.

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	108 (84%)	$6,150	108 (84%)	$6,150	-	-
2014-15	88 (72%)	$5,564	88 (72%)	$5,564	-	-
2015-16	75 (63%)	$4,732	75 (63%)	$4,732	-	-
2016-17	58 (56%)	$5,471	58 (56%)	$5,471	-	-
2017-18	83 (60%)	$4,954	83 (60%)	$4,954	-	-
2018-19	91 (55%)	$5,319	91 (55%)	$5,319	-	-
2019-20	126 (77%)	$5,952	126 (77%)	$5,952	-	-
2020-21	138 (60%)	$2,784	138 (60%)	$2,784	-	-
Average	96 (65.88%)	$5,116	96 (65.88%)	$5,116	-	-

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Scholarships, Grants, and Loan Trends at Milan Institute of Cosmetology-La Quinta

All Undergraduate Students Financial Aid Over Time

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