An Investment in Your Future

We are committed to working with families to find ways in which to manage the cost of this valuable education, with student financial aid packages that include academic scholarships, loans, government assistance, and student employment. The majority of Millikin students—98% of them—receive over $35.7 million in student financial aid each year from a variety of sources. Financial aid at Millikin is awarded on the bases of academic merit, talent, and financial need. For more information check out Millikin's Financial Aid Essentials brochure below.


Loan Processing Deadline for Fall Only students:

The last day to process a Federal Student Loan or Parent PLUS Loan is Wednesday, December 13, 2017.  This deadline is for December Graduates and any student not returning to Millikin. Any questions, please email Nancy Askins -

It is FAFSA Time!

Time to file your 2018-19 FAFSA using tax information from 2016 -

FAFSA OPENS for the 2018-19 Academic Year on October 1, 2017 - be sure to file early!!!

July 1, 2017 - June 30, 2018 October 1, 2016 - June 30, 2018 2015
July 1, 2018 - June 30, 2019 October 1, 2017 - June 30, 2018 2016

Update to MAP Grant Suspension (received February 3, 2017) for the 2017-18 Academic Year

The Illinois Student Assistance Commission has extended the Monetary Award Program (MAP Grant) suspension to include the Free Application for Federal Student Aid (FAFSA) initial submission December 22, 2016 through and including January 15, 2017.

State of Illinois Monetary Award Program (MAP) - (2017-18) Initial suspension announced on December 15, 2016:

Deadline for FAFSA - Wednesday, December 21, 2016 at midnight - ILLINOIS RESIDENTS ** ALERT

The Illinois Student Assistance Commission has suspended the MAP Grant! If your initial 2017-18 Free Application for Federal Student Aid (FAFSA) is received on or after Thursday, December 22, 2016 you will not be considered for the MAP Grant.  Your application must be received by Central Processing (FAFSA) by Midnight, Wednesday, December 21, 2016, to be considered for the State of Illinois MAP Grant.

Frequently Asked Questions

In Millikin's Financial Aid FAQs you can find answers to many questions, including information about a negative amount due, when refunds are disbursed, what are authorized users, and much more.

Consumer Alert

If you receive a Student Financial Resource Center Form, please discard! The only form you need to complete for financial aid at Millikin is the Free Application for Federal Student Aid.