by our College Data Analytics TeamA large number of students will never be charged the full sticker price of a school. Rather, they are offered a financial aid plan that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The sum total of attendance at Milan Institute-Las Vegas can sound overwhelming, but bear in mind that many students get some type of financial aid.
What financial assistance options will Milan Institute-Las Vegas offer, and what will you qualify for? Read on for more information. Scroll down to find out what amount of financial assistance will be accessible to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. The information provided on this page can help you determine how much aid you may receive from Milan Institute-Las Vegas.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. However, some types of aid are more desirable than others, and some students will receive more than others.
Looking at the entering class at Milan Institute-Las Vegas, 77% of entering full-time freshmen got some type of financial assistance (about 270 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 70% | $3,498 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 70% | $3,498 |
| State/local grants | 0% | — |
| Federal student loans | 60% | $5,029 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At Milan Institute-Las Vegas, about 70% of undergraduates were awarded grant or scholarship aid averaging $3,561 (covering around 291 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 70% | $3,561 |
| Federal Pell grants | 70% | $3,561 |
| Federal student loans | 65% | $5,124 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $3,365.
How much a family pays depends heavily on income, because most aid is awarded on the basis of financial need.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $21,238 |
| $30,001 – $75,000 | $21,951 |
| Over $75,000 | $24,460 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
The net price strips out grant and scholarship aid from the sticker price to show roughly what families really pay.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $23,010 |
| Off-campus title-IV students | $23,563 |
For a customized cost estimate, visit Milan Institute-Las Vegas’s online cost calculator: solutions.campusivy.com/Apps/NPC/NPCWizard/Wizard?institutionId=12600.
Graduating students at Milan Institute-Las Vegas carry a median federal student debt of $6,333 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $6,333 |
| Median federal debt (graduates only) | $6,333 |
| Typical 10-year monthly payment (graduates) | $67.14/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
The median alone does not show how widely outcomes vary across the student body. The four reference points below map the debt distribution at Milan Institute-Las Vegas.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,109 |
| 25th percentile | $4,750 |
| 75th percentile | $9,500 |
| 90th percentile (highest-debt students) | $11,253 |
Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $6,333 |
| Middle income | $5,500 |
| High income | $5,500 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $6,333 |
| Continuing-generation students | $6,333 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $6,333 |
A handful of calculated indicators summarize the debt outlook at Milan Institute-Las Vegas.
Most undergraduate borrowing runs through the federal Stafford loan program. The annual Stafford volume below reflects program activity at Milan Institute-Las Vegas:
| Metric | Value |
|---|---|
| Stafford loan recipients | 16091 |
| Total Stafford loan amount | $144,468,137 |
If you are a veteran or active-duty service member, the GI Bill and DoD Tuition Assistance are the primary federal programs you can use at this school.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 7 |
| Total GI Bill amount | $73,735 |
| Average GI Bill amount per recipient | $10,534 |
References
More about our data sources and methodologies.