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—99% of them—receive over $39.5 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.

Download Financial Aid Essentials

MAP Grant Suspension Announced - ALERT

The Illinois Student Assistant Commission announced on April 24, 2019 the MAP Grant Suspension. Suspension date is midnight, April 28, 2019. If you are an Illinois Resident and possibly eligible for the grant, your FAFSA needs to be submitted by midnight - Sunday, April 28, 2019 to be considered. If you have any questions, please call the Office of Student Financial at 217-424-6317.

Phishing Attempt

Scam - claiming Millikin University graduates and past students will get approval for full loan forgiveness. Please ignore - do not give any personal information. This is a fraudulent attempt to gain sensitive information.

scam screenshot

Last day to process Spring 2019:

May 10, 2019 is the last day to process Federal Student Loans. If you have questions, please email

It is FAFSA Time!

Time to file your 2019-20 FAFSA using tax information from 2017 -

For help filling out your FAFSA - Click Here for an online video!!!!

FAFSA OPENS for the 2019-20 Academic Year on October 1, 2018 - be sure to file early!!!

July 1, 2018 - June 30, 2019 October 1, 2017 - June 30, 2018 2016
July 1, 2019 - June 30, 2020 October 1, 2018 - June 30, 2019 2017

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.