by our College Data Analytics TeamThe majority of students are not billed the advertised price of a school. Instead, they will be provided a financial aid package that will include a combination of scholarships, grants, loans, and work-study. The price tag of going to Milan Institute-San Antonio Ingram can appear tremendous, but do not forget that almost all students obtain some kind of financial help.
Just what financing solutions does Milan Institute-San Antonio Ingram provide, and just what are you going to be eligible for? Keep scrolling for answers. Read on to see just how much financial aid could be open to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. Continue reading to find information to help you understand just how much assistance you can expect to receive from Milan Institute-San Antonio Ingram.
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. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
Looking at the entering class at Milan Institute-San Antonio Ingram, 75% of new full-time first-years were awarded at least some aid around 412 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 73% | $3,620 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 73% | $3,620 |
| State/local grants | 0% | — |
| Federal student loans | 65% | $5,346 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At this school, approximately 76% of undergraduates were awarded an average grant or scholarship of $3,506 (across approximately 472 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 76% | $3,506 |
| Federal Pell grants | 76% | $3,506 |
| Federal student loans | 68% | $5,055 |
For on-campus title-IV students, average grant aid came to $3,899.
Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $27,259 |
| $30,001 – $75,000 | $27,837 |
| Over $75,000 | $30,955 |
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 | $27,022 |
| Off-campus title-IV students | $27,662 |
To get a personalized net price estimate, try Milan Institute-San Antonio Ingram’s net price tool: solutions.campusivy.com/Apps/NPC/NPCWizard/Wizard?institutionId=12600.
Graduating students at Milan Institute-San Antonio Ingram carry a median federal student debt of $6,333 in federal loans.
| 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 |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
A single median figure conceals how much debt outcomes differ student to student. The four reference points below map the debt distribution at Milan Institute-San Antonio Ingram.
| 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 |
Median debt varies by family income, by first-generation status, and by dependency status.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $6,333 |
| Middle income | $5,500 |
| High income | $5,500 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $6,333 |
| Continuing-generation students | $6,333 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $6,333 |
The figure below distills the debt data into a single burden category for Milan Institute-San Antonio Ingram.
Stafford loans are the federal government’s primary direct undergraduate lending program. The aggregate figures below show how active the program is at Milan Institute-San Antonio Ingram:
| Metric | Value |
|---|---|
| Stafford loan recipients | 16091 |
| Total Stafford loan amount | $144,468,137 |
The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 0 |
| Total GI Bill amount | $0 |
References
More about our data sources and methodologies.