Financial Aid at Milan Institute-Bakersfield
Financial Aid Amount Received
$4,692 (30.22% of tuition)
Percent of Financial Aid Received
80% of 432 students
524 undergraduate students (80% of all students) have received grants, scholarships, and/or federal student loans at Milan Institute-Bakersfield. The percentage of students who received financial aid much higher compared to Private (for-profit), Less Than 2-Years Colleges in California.
Compared to similar schools in rankings such as American Academy of Dramatic Arts-Los Angeles and American Beauty College, the percentage of students who received financial aid is higher (the average of the schools is 72.11%).
Undergraduate Financial Aid by Type
The average amount of grants of scholarship aid is $4,692 and the average loan amount is $5,575. The average financial aid amount is 30.22% of tuition & fees (tuition & fees: $15,526).
| Number Receiving Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received | |
|---|---|---|---|---|
| Grant or scholarship aid | 524 | 80% | $2,458,851 | $4,692 |
| Pell Grants | 499 | 76% | $2,062,988 | $4,134 |
| Federal Students Loans | 484 | 74% | $2,698,197 | $5,575 |
Undergraduate Student Financial Aid Comparison Chart
First-time (full-time) Undergraduate Students Financial Aid
For the full-time, first-time undergraduate students (freshmen, in most cases), 301 students have received one or more types of financial aid at Milan Institute-Bakersfield.
The average amount of federal, state, local or institutional grant aid is $4,311 and the average amount of student loans awarded to full-time first-time undergraduate students is $5,593.
The following table shows the financial data by type of aid at Milan Institute-Bakersfield.
First-time Undergraduate Financial Aid by Type
| Number Receiving Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received | |
|---|---|---|---|---|
| Any Financial Aid | 331 | 89% | - | - |
| Grant or scholarship aid | 301 | 81% | $1,297,736 | $4,311 |
| Federal Grants | 301 | 81% | $1,297,736 | $4,311 |
| Pell Grants | 300 | 80% | $1,183,176 | $3,944 |
| Other Federal Grants | 103 | 28% | $114,560 | $1,112 |
| State/Local Grants | 0 | 0% | $0 | $0 |
| Institutional Grants | 0 | 0% | $0 | $0 |
| Student Loans | 286 | 77% | $1,599,659 | $5,593 |
| Federal Student Loans | 286 | 77% | $1,599,659 | $5,593 |
| Other Student Loans | 0 | 0% | $0 | $0 |