How Millennium Training Institute'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 Millennium Training Institute since 2013.

For that period, the average number of students who received grants aid/scholarships is 137, which is 63.63 % of all undergraduate students. 62 students which is 28.50% of undergraduate students received federal student loans and the average loan amount is $7,917.

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	180 (65%)	$6,263	147 (53%)	$4,113	82 (30%)	$7,826
2014-15	142 (75%)	$6,156	80 (42%)	$4,553	31 (16%)	$7,509
2015-16	136 (69%)	$8,090	83 (42%)	$4,396	42 (21%)	$7,300
2016-17	96 (59%)	$6,336	64 (40%)	$3,749	35 (22%)	$7,620
2017-18	125 (68%)	$6,624	103 (56%)	$4,584	82 (44%)	$8,417
2018-19	146 (63%)	$6,852	131 (57%)	$5,327	96 (42%)	$8,049
2019-20	168 (66%)	$6,788	114 (45%)	$5,708	90 (35%)	$8,148
2020-21	101 (44%)	$8,881	71 (31%)	$5,440	40 (18%)	$8,468
Average	137 (63.63%)	$6,999	99 (45.75%)	$4,734	62 (28.50%)	$7,917

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

Overview

For the last 9 years, on average, 25 (92.13 % of students) received grants or scholarships and its average amount is $8,341. It can cover 46.99% of tuition & fees ($17,750).

In addition, 14 (52.50 % of students) students get helped from the students loans (average amount : $7,705).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	32 (97%)	$6,846	21 (64%)	$7,932
2014-15	27 (100%)	$8,386	5 (19%)	$5,620
2015-16	28 (97%)	$9,458	9 (31%)	$6,465
2016-17	18 (95%)	$5,935	13 (68%)	$7,844
2017-18	21 (78%)	$8,318	17 (63%)	$8,265
2018-19	21 (84%)	$8,253	18 (72%)	$8,339
2019-20	27 (93%)	$11,334	16 (55%)	$7,949
2020-21	25 (93%)	$8,200	13 (48%)	$9,222
Average	25 (92.13%)	$8,341	14 (52.50%)	$7,705

^*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, 19 (68.25 % of students) received Pell (federal) grants and its average amount is $5,110.

In addition, 13 students received State/local government grants/scholarships (45.63 % 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	28 (85%)	$4,549	10 (30%)	$300	12 (36%)	$7,296	12 (36%)	$96
2014-15	14 (52%)	$4,287	6 (22%)	$150	19 (70%)	$8,608	8 (30%)	$245
2015-16	17 (59%)	$4,973	7 (24%)	$257	22 (76%)	$8,086	7 (24%)	$86
2016-17	13 (68%)	$3,802	3 (16%)	$300	6 (32%)	$9,348	4 (21%)	$100
2017-18	15 (56%)	$5,195	3 (11%)	$300	9 (33%)	$10,618	3 (11%)	$100
2018-19	20 (80%)	$5,569	3 (12%)	$1,050	8 (32%)	$7,217	3 (12%)	$350
2019-20	21 (72%)	$6,636	21 (72%)	$1,205	13 (45%)	$10,519	14 (48%)	$329
2020-21	20 (74%)	$5,867	6 (22%)	$550	11 (41%)	$7,585	5 (19%)	$180
Average	19 (68.25%)	$5,110	7 (26.13%)	$514	13 (45.63%)	$8,660	7 (25.13%)	$186

^*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, 14 (52.50 % of students) get any students loan help and its average loan amount is $14.

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	21 (64%)	$7,932	21 (64%)	$7,932	-	-
2014-15	5 (19%)	$5,620	5 (19%)	$5,620	-	-
2015-16	9 (31%)	$6,465	9 (31%)	$6,465	-	-
2016-17	13 (68%)	$7,844	13 (68%)	$7,844	-	-
2017-18	17 (63%)	$8,265	17 (63%)	$8,265	-	-
2018-19	18 (72%)	$8,339	18 (72%)	$8,339	-	-
2019-20	16 (55%)	$7,949	16 (55%)	$7,949	-	-
2020-21	13 (48%)	$9,222	13 (48%)	$9,222	-	-
Average	14 (52.50%)	$7,705	14 (52.50%)	$7,705	-	-

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Scholarships, Grants, and Loan Trends at Millennium Training Institute

All Undergraduate Students Financial Aid Over Time

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