OVERVIEW PROGRAMS AND TUITION ADMISSIONSFINANCIAL AID

Miles College Financial Aid and Scholarships 2022

A private, Christian Methodist Episcopal university, Miles College is situated in Fairfield, AL. Miles College occupies a total area of about 76 acres. The foundation of Miles College was laid down in the year 1898. Keeping the pursuit of research, innovation, and excellence at the center, Miles College has been imparting quality education to its students. The motto of the varsity is "Knowledge and Peace and Love for all." and its official colors are purple and gold. Across all the courses of

Miles College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

94%

Total Aid Amount Average Total Aid Awarded per year.

$11.354M

Financial Aid Official Website

https://www.miles.edu/administrative-units/10/Office-of-Financial-Aid-

Notably, 99% of the students at Miles College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $10,221,514. One can visit MC's financial aid page at https://www.miles.edu/administrative-units/10/Office-of-Financial-Aid- for more information. The total percentage of candidates applying to Miles College who receive the Federal Grant is 89%. Meanwhile, 99% of the applicants receive the Student Grant and 39% are awarded the Institution Grant, while 89% of the students get the Pell Grant. While the Federal Grant awardees receive an average aid of $5,912, the State Grant receivers and Institution Grant beneficiaries get $1,113 and $6,437, respectively. On the other hand, the average aid received by the Pell Grant awardees is $5,393. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Those with a family income below $30,000 per annum, would get an average federal aid of $7,040 in a year. Candidates who come under the $30,001-$48,000 family income bracket receive an average aid of $6,314, while those falling in the $48,001-$75,000 income category get $4,736 a year. Those with an annual income level of $75,001-$110,000 would receive $2,736, while candidates with more than $110,000 of family income receive an average federal aid of $3,270. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. However, student loans attract a certain rate of interest at which the funds are borrowed. Candidates are also required to repay these loans within a given period. At MC, an estimated number of 91% of the applicants choose to go for student loans.

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