OVERVIEW PROGRAMS AND TUITION ADMISSIONSFINANCIAL AID

Milligan College Financial Aid and Scholarships 2022

Milligan University which is a private, Christian Churches and Churches of Christ university, is located in Milligan College, TN. The total enrolment stands at 1,171 students at Milligan University. Around 859 and 312 students take admission in various undergraduate and postgraduate courses of the university. The school has an academic staff of 130 who teach various courses to the students. Milligan University is home to an ethnically diverse student body. At MU around 79% are white, 6% are N

Milligan College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

91%

Total Aid Amount Average Total Aid Awarded per year.

$17.281M

Financial Aid Official Website

https://www.milligan.edu/sfs/

Interestingly, almost all of the students at MU receive some sort of financial aid, and the total amount of assistance/loans provided totals more than $2,948,237 in a year. More information regarding the financial assistance schemes can be accessed on MU’s official financial aid page at https://www.milligan.edu/sfs/. The total percentage of candidates applying to Milligan University who receive the Federal Grant is 30%. On the other hand, 100% of the candidates get the Student Grant, 100% receive the Institution Grant, and 30% get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,832, and the same stands at $4,422 for State Grant awardees and $19,976 for Institution Grant recipients. On the other hand, the average aid received by the Pell Grant awardees is $4,370. Among other things, the annual family income of the applicant plays a major role in determining the total financial aid they are actually eligible to receive. Students whose family income per annum is less than $30,000 will receive a federal aid of $24,432 on average in a year. For the $30,001-$48,000 and $48,001-$75,000 family income brackets, the average aid amount stands at $26,041 and $20,897, respectively. Meanwhile, the average federal aid for students in the $75,001-$110,000 income bracket is $19,619. And, for those with a family income of more than $110,000, the amount stands at $20,017. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. Moreover, the funds received through these loans will have to be repaid within a given timeframe. Every year, around 56% of the applicants to Milligan University opt for student loans.

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