Scholarships, Grants, and Loan Trends at Milan Institute-Visalia

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 432, which is 69.78 % of all undergraduate students. 386 students which is 62.33% of undergraduate students received federal student loans and the average loan amount is $6,523.
For full-time, first-time beginning students (freshmen), 74.00% of students received grants or scholarships and 66% 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-Visalia since 2013.
For that period, the average number of students who received grants aid/scholarships is 432, which is 69.78 % of all undergraduate students. 386 students which is 62.33% of undergraduate students received federal student loans and the average loan amount is $6,523.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14451 (68%)$3,904451 (68%)$3,897412 (62%)$6,123
2014-15408 (59%)$5,234408 (59%)$3,628369 (53%)$5,787
2015-16481 (71%)$3,780480 (71%)$3,777443 (66%)$5,918
2016-17422 (68%)$3,612422 (68%)$3,590347 (56%)$5,866
2017-18379 (78%)$4,797371 (77%)$4,650341 (70%)$10,612
2018-19331 (62%)$4,207330 (62%)$4,197316 (60%)$7,527
2019-20453 (76%)$4,270435 (73%)$4,298410 (68%)$5,963
2020-21433 (65%)$4,260371 (55%)$4,543381 (57%)$4,892
2021-22532 (81%)$4,980517 (78%)$4,431453 (69%)$6,019
Average432 (69.78%)$4,338421 (67.89%)$4,112386 (62.33%)$6,523

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

For the last 10 years, on average, 339 (74.00 % of students) received grants or scholarships and its average amount is $4,091. It can cover 24.99% of tuition & fees ($16,369).
In addition, 300 (65.89 % of students) students get helped from the students loans (average amount : $6,170).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14323 (78%)$4,103283 (68%)$6,635
2014-15291 (67%)$3,727258 (60%)$6,079
2015-16338 (77%)$3,967304 (69%)$6,340
2016-17354 (75%)$3,584301 (64%)$5,848
2017-18311 (75%)$4,856288 (70%)$6,698
2018-19244 (68%)$4,257237 (66%)$7,653
2019-20358 (84%)$4,352324 (76%)$6,157
2020-21364 (62%)$2,949304 (52%)$4,041
2021-22470 (80%)$5,026400 (68%)$6,082
Average339 (74.00%)$4,091300 (65.89%)$6,170
*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 10 years, on average, 336 (73.44 % of students) received Pell (federal) grants and its average amount is $4,004.
In addition, 4 students received State/local government grants/scholarships (3.00 % 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
2013-14323 (78%)$4,094----3 (1%)$1,000
2014-15291 (67%)$3,716--2 (0%)$1,2011 (0%)$1,000
2015-16338 (77%)$3,960--1 (0%)$1,4201 (0%)$1,000
2016-17354 (75%)$3,580--2 (0%)$625--
2017-18304 (74%)$4,7051 (0%)$3,63011 (3%)$6,956--
2018-19244 (68%)$4,251----2 (1%)$750
2019-20358 (84%)$4,203205 (48%)$250--2 (0%)$1,000
2020-21353 (60%)$3,0248 (1%)$373--3 (1%)$1,000
2021-22455 (78%)$4,506203 (35%)$1,413--19 (3%)$1,331
Average336 (73.44%)$4,004104 (28.00%)$1,4174 (3.00%)$2,5514 (1.50%)$1,012
*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 10 years, on average, 300 (65.89 % of students) get any students loan help and its average loan amount is $300.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14283 (68%)$6,635283 (68%)$6,635--
2014-15258 (60%)$6,079258 (60%)$6,079--
2015-16304 (69%)$6,340304 (69%)$6,340--
2016-17301 (64%)$5,848301 (64%)$5,848--
2017-18288 (70%)$6,698288 (70%)$6,6841 (0%)$4,250
2018-19237 (66%)$7,653237 (66%)$7,653--
2019-20324 (76%)$6,157324 (76%)$6,157--
2020-21304 (52%)$4,041304 (52%)$4,041--
2021-22400 (68%)$6,082400 (68%)$6,082--
Average300 (65.89%)$6,170300 (65.89%)$6,1691 (0.00%)$4,250
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