Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 399, which is 70.00 % of all undergraduate students. 363 students which is 62.67% of undergraduate students received federal student loans and the average loan amount is $5,550.

For full-time, first-time beginning students (freshmen), 76.56% of students received grants or scholarships and 70% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table shows the trends of financial aid for all undergraduate students at Milan Institute of Cosmetology-El Paso since 2013.

For that period, the average number of students who received grants aid/scholarships is 399, which is 70.00 % of all undergraduate students. 363 students which is 62.67% of undergraduate students received federal student loans and the average loan amount is $5,550.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14559 (77%)$3,908554 (76%)$3,922528 (73%)$6,726
2014-15459 (68%)$3,679459 (68%)$3,679445 (65%)$6,201
2015-16475 (74%)$3,870475 (74%)$3,870471 (73%)$5,947
2016-17194 (38%)$4,609194 (38%)$4,609205 (40%)$5,937
2017-18289 (70%)$3,599287 (69%)$3,510251 (60%)$4,921
2018-19323 (71%)$3,411323 (71%)$3,406227 (50%)$5,160
2019-20402 (84%)$4,176388 (81%)$4,153338 (71%)$5,545
2020-21412 (67%)$3,577387 (63%)$3,342372 (60%)$4,404
2021-22482 (81%)$4,258465 (78%)$3,723429 (72%)$5,108
Average399 (70.00%)$3,899392 (68.67%)$3,802363 (62.67%)$5,550
*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.

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

For the last 10 years, on average, 291 (76.56 % of students) received grants or scholarships and its average amount is $3,842. It can cover 27.26% of tuition & fees ($14,092).

In addition, 263 (69.67 % of students) students get helped from the students loans (average amount : $5,580).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14337 (88%)$3,851326 (85%)$6,606
2014-15307 (77%)$3,734283 (71%)$6,473
2015-16306 (80%)$3,815293 (77%)$6,072
2016-17192 (62%)$4,624203 (65%)$5,970
2017-18224 (71%)$3,718208 (66%)$5,136
2018-19277 (73%)$3,503199 (53%)$5,298
2019-20355 (88%)$4,213306 (76%)$5,603
2020-21354 (63%)$3,027314 (56%)$3,591
2021-22264 (87%)$4,090238 (78%)$5,467
Average291 (76.56%)$3,842263 (69.67%)$5,580
*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, 286 (75.78 % of students) received Pell (federal) grants and its average amount is $3,781.

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
2013-14337 (88%)$3,831----2 (1%)$3,250
2014-15307 (77%)$3,734------
2015-16306 (80%)$3,815------
2016-17192 (62%)$4,624------
2017-18223 (71%)$3,6903 (1%)$3,301----
2018-19277 (73%)$3,501----1 (0%)$500
2019-20342 (85%)$4,192175 (43%)$342--4 (1%)$500
2020-21330 (59%)$2,73720 (4%)$5,540--6 (1%)$9,583
2021-22264 (87%)$3,90394 (31%)$526----
Average286 (75.78%)$3,78173 (19.75%)$2,427--3 (1.00%)$3,458
*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, 263 (69.67 % of students) get any students loan help and its average loan amount is $263.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14326 (85%)$6,606326 (85%)$6,606--
2014-15283 (71%)$6,473283 (71%)$6,473--
2015-16293 (77%)$6,072293 (77%)$6,072--
2016-17203 (65%)$5,970203 (65%)$5,970--
2017-18208 (66%)$5,136208 (66%)$5,136--
2018-19199 (53%)$5,298199 (53%)$5,298--
2019-20306 (76%)$5,603306 (76%)$5,603--
2020-21314 (56%)$3,591314 (56%)$3,591--
2021-22238 (78%)$5,467238 (78%)$5,467--
Average263 (69.67%)$5,580263 (69.67%)$5,580--

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