How Milan Institute of Cosmetology'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 since 2013.

For that period, the average number of students who received grants aid/scholarships is 101, which is 66.14 % of all undergraduate students. 92 students which is 58.43% of undergraduate students received federal student loans and the average loan amount is $6,006.

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	207 (81%)	$3,818	206 (80%)	$3,820	192 (75%)	$6,198
2014-15	146 (76%)	$3,647	146 (76%)	$3,647	143 (74%)	$5,723
2015-16	129 (81%)	$3,434	128 (81%)	$3,448	116 (73%)	$5,738
2016-17	53 (39%)	$3,094	52 (38%)	$3,144	57 (42%)	$6,042
2017-18	68 (65%)	$3,872	68 (65%)	$3,872	61 (58%)	$6,003
2018-19	65 (57%)	$4,009	65 (57%)	$4,009	47 (41%)	$5,893
2019-20	38 (64%)	$3,254	36 (61%)	$3,266	27 (46%)	$6,445
Average	101 (66.14%)	$3,590	100 (65.43%)	$3,601	92 (58.43%)	$6,006

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

Overview

For the last 8 years, on average, 67 (70.57 % of students) received grants or scholarships and its average amount is $3,576. It can cover 19.78% of tuition & fees ($18,084).

In addition, 60 (62.71 % of students) students get helped from the students loans (average amount : $5,941).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	118 (88%)	$3,908	115 (86%)	$6,037
2014-15	83 (86%)	$3,812	84 (88%)	$5,789
2015-16	72 (81%)	$3,361	63 (71%)	$5,869
2016-17	41 (41%)	$3,040	44 (44%)	$5,843
2017-18	57 (67%)	$3,714	49 (58%)	$5,918
2018-19	59 (66%)	$4,047	42 (47%)	$6,192
2019-20	36 (65%)	$3,151	25 (45%)	$5,939
Average	67 (70.57%)	$3,576	60 (62.71%)	$5,941

^*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 8 years, on average, 66 (70.14 % of students) received Pell (federal) grants and its average amount is $3,595.

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	118 (88%)	$3,893	-	-	-	-	4 (3%)	$438
2014-15	83 (86%)	$3,812	-	-	-	-	-	-
2015-16	71 (80%)	$3,386	-	-	-	-	2 (2%)	$800
2016-17	40 (40%)	$3,104	-	-	-	-	1 (1%)	$500
2017-18	57 (67%)	$3,714	-	-	-	-	-	-
2018-19	59 (66%)	$4,047	-	-	-	-	-	-
2019-20	35 (64%)	$3,212	-	-	-	-	2 (4%)	$500
Average	66 (70.14%)	$3,595	-	-	-	-	2 (2.50%)	$560

^*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 8 years, on average, 60 (62.71 % of students) get any students loan help and its average loan amount is $60.

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	115 (86%)	$6,037	115 (86%)	$6,037	-	-
2014-15	84 (88%)	$5,789	84 (88%)	$5,789	-	-
2015-16	63 (71%)	$5,869	63 (71%)	$5,869	-	-
2016-17	44 (44%)	$5,843	44 (44%)	$5,843	-	-
2017-18	49 (58%)	$5,918	49 (58%)	$5,918	-	-
2018-19	42 (47%)	$6,192	42 (47%)	$6,192	-	-
2019-20	25 (45%)	$5,939	25 (45%)	$5,939	-	-
Average	60 (62.71%)	$5,941	60 (62.71%)	$5,941	-	-

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Scholarships, Grants, and Loan Trends at Milan Institute of Cosmetology

All Undergraduate Students Financial Aid Over Time

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