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National Application Center :: campus tours :: Millikin University costs & financial aid

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Millikin University

Millikin University
1184 West Main Street
Decatur, IL 62522-2084

Official telephone: (217) 424-6211
Toll-free telephone: (800) 373-7733
Fax number: (217) 424-3993
Website: www.millikin.edu
Screen last updated on: December 2016

The financial aid information below is valid for the 2015 academic year.

FINANCIAL AID OFFICE
Financial aid officer: Cheryl Howerton,
Director of Financial Aid
Contacting the office: 217 424-6317
800 373-7733 (toll free)
217 425-5070 (fax)
studentservicecenter@
millikin.edu
FAFSA number: 001724

EXPENSES
Undergraduate tuition: $31,032; $31,032 out-of-state
Additional required fees: $792
Book fees: $1,000
Miscellaneous expenses: $2,100
Other expenses: Personal, transportation.
Combined room and board expenses: $11,190

APPLYING FOR AID

Required form Priority date Rolling? Closing date
FAFSAMarch 1yesN/A

Date award notification begins: March 1
Applied for financial aid:
97% of first-year students
94% of full-time undergraduates
83% of part-time undergraduates
Determined to have financial need:
91% of first-year students
89% of full-time undergraduates
69% of part-time undergraduates
Students determined to have financial need who received any financial aid:
100% of first-year students
100% of full-time undergraduates
87% of part-time undergraduates
Students determined to have financial need who received any need-based gift aid:
92% of first-year students
91% of full-time undergraduates
77% of part-time undergraduates
Students receiving financial aid who received need-based self-help aid:
83% of first-year students
83% of full-time undergraduates
74% of part-time undergraduates
Students receiving financial aid who received any non-need-based gift aid:
100% of first-year students
93% of full-time undergraduates
3% of part-time undergraduates
Students receiving financial aid whose need was fully met (excluding PLUS loans and private alternative loans):
26% of first-year students
46% of full-time undergraduates
33% of part-time undergraduates
Average percent of need that was met of students who received any need-based aid (excluding PLUS loans and private alternative loans):
85% for first-year students
89% for full-time undergraduates
75% for part-time undergraduates
Average financial aid package (excluding PLUS loans and private alternative loans):
$24,230 for first-year students
$23,015 for full-time undergraduates
$6,173 for part-time undergraduates
Average need-based gift award:
$9,192 for first-year students
$8,811 for full-time undergraduates
$3,908 for part-time undergraduates
Average need-based self-help award (excluding PLUS loans and private alternative loans):
$4,533 for first-year students
$4,755 for full-time undergraduates
$3,855 for part-time undergraduates
Average need-based loan (excluding PLUS loans and private alternative loans):
$4,348 for first-year students
$4,542 for full-time undergraduates
$3,855 for part-time undergraduates
Students who had no financial aid need and who received non-need-based aid (excluding athletic awards and tuition benefits):
9% of first-year students
10% of full-time undergraduates
1% of part-time undergraduates
Average award to students who had no financial aid need and who received non-need-based aid (excluding athletic awards and tuition benefits):
$13,705 for first-year students
$13,460 for full-time undergraduates
$5,400 for part-time undergraduates
School participates in Federal Work-Study Program: yes
Percent of students who received aid that participated in Federal Work Study: 25%

TYPES OF AID AVAILABLE
Types of loans available:
  • Direct Subsidized Stafford Loans
  • Direct Unsubsidized Stafford Loans
  • Direct PLUS Loans
  • FFEL Subsidized Stafford Loans
  • FFEL Unsubsidized Stafford Loans
  • FFEL PLUS Loans
  • Federal Perkins Loans
  • private/alternative loans.
Parent loans packaged to meet need: no
Percent of undergraduates who have borrowed through all loan programs: 86%
Average student debt upon graduation: $34,225
Types of payment plans:
  • school's own payment plan(s)
Need-based scholarships/grants available:
  • need-based (general)
  • Federal Pell Grants
  • SEOG
  • state scholarships/grants
  • college/university scholarships/grants (institutional funds)
  • private scholarships/grants
Non-need-based scholarships/grants available:
  • non-need-based (general)
  • academic merit scholarships/grants
  • creative arts/performance
  • special achievements/activities
  • alumni affiliation, leadership, and minority status scholarships/grants.

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