Financial Aid for Undergraduate Students

female graduates

We are committed to working with families to find ways to manage the cost of tuition.

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 $27 million in 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.

 Financial Aid brochure cover

Click here to download the brochure


2025-26 FAFSA Details

On November 22, 2024, the U.S. Department of Education launched the 2025-26 Free Application for Federal Student Aid (FAFSA). The online FAFSA form is available to all students and families at fafsa.gov. Submit your FAFSA at fafsa.gov using Millikin's school code: 001724.

Learn more about the 2025-26 FAFSA

Helpful resources to assist students and families in completing and submitting the FAFSA form can be found at StudentAid.gov. In addition to normal operating hours, found on StudentAid.gov, students and families will have access to FAFSA-only hours at the contact center that include evenings and weekends. The expanded hours begin Nov. 22, 2024 and will extend through Mar. 2, 2025.

The Department has recently released a suite of resources to assist students and families in completing and submitting the FAFSA form during the 2025–26 cycle, including:


Map Grant Details 

Illinois residents who have a defined financial need may be eligible for the Illinois MAP Grant which helps pay tuition and fees. You can only be considered for this grant if you have completed your FAFSA before MAP Grants run out for the current year. If you would like to be considered for eligibility for the Illinois MAP Grant, it is imperative that you submit your FAFSA

For help filling out your FAFSA, visit this video tutorial

IF YOU PLAN TO ATTEND COLLEGE FROM YOU CAN SUBMIT FAFSA FROMUSING TAX INFORMATION FROM
July 1, 2025 - June 30, 2026November 22, 2022 - June 30, 20252023

 

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.