How MIAD'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 Milwaukee Institute of Art & Design since 2013.

For that period, the average number of students who received grants aid/scholarships is 736, which is 99.56 % of all undergraduate students. 614 students which is 82.78% of undergraduate students received federal student loans and the average loan amount is $7,305.

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	663 (99%)	$16,127	303 (45%)	$4,250	543 (81%)	$7,720
2014-15	621 (100%)	$17,350	267 (43%)	$4,296	498 (80%)	$7,833
2015-16	616 (98%)	$17,862	262 (42%)	$4,550	491 (78%)	$7,410
2016-17	628 (100%)	$19,397	286 (45%)	$4,427	499 (79%)	$7,205
2017-18	659 (100%)	$20,674	289 (44%)	$4,841	577 (87%)	$7,226
2018-19	752 (99%)	$21,824	311 (41%)	$4,647	671 (89%)	$7,013
2019-20	863 (100%)	$22,309	369 (43%)	$4,729	711 (82%)	$7,140
2020-21	923 (100%)	$23,482	370 (40%)	$4,945	831 (90%)	$7,124
2021-22	896 (100%)	$25,338	345 (38%)	$4,933	709 (79%)	$7,076
Average	736 (99.56%)	$20,485	311 (42.33%)	$4,624	614 (82.78%)	$7,305

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

Overview

For the last 10 years, on average, 208 (100.00 % of students) received grants or scholarships and its average amount is $21,500. It can cover 51.14% of tuition & fees ($42,040).

In addition, 176 (84.78 % of students) students get helped from the students loans (average amount : $8,594).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	157 (100%)	$18,085	142 (90%)	$7,647
2014-15	144 (100%)	$18,545	122 (85%)	$8,927
2015-16	177 (100%)	$18,164	147 (83%)	$8,169
2016-17	174 (100%)	$20,772	138 (79%)	$8,283
2017-18	196 (100%)	$21,925	187 (95%)	$8,414
2018-19	236 (100%)	$22,441	198 (84%)	$9,421
2019-20	275 (100%)	$22,475	229 (83%)	$9,862
2020-21	292 (100%)	$24,879	242 (83%)	$8,203
2021-22	221 (100%)	$26,216	179 (81%)	$8,417
Average	208 (100.00%)	$21,500	176 (84.78%)	$8,594

^*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, 93 (45.00 % of students) received Pell (federal) grants and its average amount is $4,610.

In addition, 76 students received State/local government grants/scholarships (37.33 % 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	74 (47%)	$4,495	31 (20%)	$500	65 (41%)	$2,836	157 (100%)	$14,693
2014-15	66 (46%)	$4,576	39 (27%)	$471	63 (44%)	$3,212	144 (100%)	$14,915
2015-16	85 (48%)	$4,329	45 (25%)	$511	75 (42%)	$2,770	177 (100%)	$14,782
2016-17	89 (51%)	$4,427	36 (21%)	$708	68 (39%)	$2,906	174 (100%)	$17,226
2017-18	87 (44%)	$4,892	40 (20%)	$500	76 (39%)	$2,939	196 (100%)	$18,511
2018-19	96 (41%)	$4,320	45 (19%)	$467	82 (35%)	$3,300	236 (100%)	$19,448
2019-20	115 (42%)	$5,003	71 (26%)	$454	85 (31%)	$3,086	274 (100%)	$19,382
2020-21	131 (45%)	$4,679	243 (83%)	$708	96 (33%)	$3,327	292 (100%)	$21,097
2021-22	91 (41%)	$4,765	214 (97%)	$1,690	71 (32%)	$3,511	221 (100%)	$21,489
Average	93 (45.00%)	$4,610	85 (37.56%)	$668	76 (37.33%)	$3,099	208 (100.00%)	$17,949

^*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, 176 (84.78 % of students) get any students loan help and its average loan amount is $176.

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	142 (90%)	$7,647	142 (90%)	$5,654	26 (17%)	$10,888
2014-15	122 (85%)	$8,927	122 (85%)	$6,867	19 (13%)	$13,226
2015-16	147 (83%)	$8,169	146 (82%)	$5,894	24 (14%)	$14,184
2016-17	138 (79%)	$8,283	137 (79%)	$5,732	27 (16%)	$13,250
2017-18	187 (95%)	$8,414	186 (95%)	$5,949	33 (17%)	$14,150
2018-19	198 (84%)	$9,421	197 (83%)	$5,677	57 (24%)	$13,104
2019-20	229 (83%)	$9,862	228 (83%)	$5,568	61 (22%)	$16,211
2020-21	242 (83%)	$8,203	242 (83%)	$5,699	42 (14%)	$14,427
2021-22	179 (81%)	$8,417	179 (81%)	$5,598	33 (15%)	$15,289
Average	176 (84.78%)	$8,594	175 (84.56%)	$5,849	36 (16.89%)	$13,859

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Scholarships, Grants, and Loan Trends at MIAD

All Undergraduate Students Financial Aid Over Time

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