by our College Data Analytics TeamThe majority 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-Palm Desert can sound overpowering, but remember that the majority of students get some type of financial assistance.
Just what financial assistance solutions will Milan Institute-Palm Desert deliver, and just what are you going to be eligible for? Read on for answers. Scroll down to find out just how much financial aid will be open to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. The figures below will help you estimate the aid you might receive from Milan Institute-Palm Desert.
Financial aid, in the form of loans, grants, work-study, and scholarships, is one way colleges reduce the cost of attendance so most students can actually afford to attend. However, some types of aid are more desirable than others, and some students will receive more than others.
For freshmen starting at Milan Institute-Palm Desert, 74% of new full-time first-years were awarded at least some aid (about 281 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 54% | $3,576 |
| Institutional grants & scholarships | 1% | $1,000 |
| Federal Pell grants | 54% | $3,601 |
| State/local grants | 0% | — |
| Federal student loans | 46% | $4,361 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At this school, about 65% of the undergraduate population received grant aid that averaged $3,751 (across approximately 327 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 65% | $3,751 |
| Federal Pell grants | 65% | $3,768 |
| Federal student loans | 59% | $4,316 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $3,992.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $27,562 |
| $30,001 – $75,000 | $28,160 |
| Over $75,000 | $31,784 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
Net price is the cost remaining after grant and scholarship aid is subtracted from the sticker price, and it is the most useful single number for estimating real cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $24,730 |
| Off-campus title-IV students | $27,930 |
For a customized cost estimate, visit Milan Institute-Palm Desert’s NPC: solutions.campusivy.com/Apps/NPC/NPCWizard/Wizard?institutionId=12600.
The median student at Milan Institute-Palm Desert graduates with $7,618 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $7,618 |
| Median federal debt (graduates only) | $7,702 |
| Typical 10-year monthly payment (graduates) | $81.65/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. The four reference points below map the debt distribution at Milan Institute-Palm Desert.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,729 |
| 25th percentile | $5,346 |
| 75th percentile | $9,436 |
| 90th percentile (highest-debt students) | $9,500 |
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 | $7,690 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $8,731 |
These indicators are derived from the underlying debt data and summarize the overall picture at Milan Institute-Palm Desert.
The Stafford loan program is the largest source of federal direct loans to undergraduates. These figures summarize annual Stafford program activity at Milan Institute-Palm Desert:
| Metric | Value |
|---|---|
| Stafford loan recipients | 7269 |
| Total Stafford loan amount | $59,699,682 |
References
More about our data sources and methodologies.