How Aveda Arts & Sciences Institute-Covington's Financial Aid Changes

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Aveda Arts & Sciences Institute-Covington since 2013.

For that period, the average number of students who received grants aid/scholarships is 1,693, which is 47.56 % of all undergraduate students. 2,045 students which is 56.89% of undergraduate students received federal student loans and the average loan amount is $7,770.

Year	Grant or Scholarship^*		Pell Grants		Federal Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	1,408 (82%)	$3,596	1,385 (80%)	$3,623	1,561 (91%)	$9,660
2014-15	1,216 (28%)	$4,701	1,021 (24%)	$4,385	1,895 (44%)	$7,265
2015-16	1,750 (45%)	$4,851	1,613 (41%)	$4,402	2,065 (53%)	$8,037
2016-17	1,612 (41%)	$5,056	1,436 (37%)	$4,446	1,969 (50%)	$7,906
2017-18	1,585 (41%)	$5,211	1,449 (38%)	$4,833	2,015 (53%)	$7,382
2018-19	1,642 (41%)	$5,060	1,532 (38%)	$4,673	2,133 (53%)	$7,396
2019-20	1,785 (43%)	$4,861	1,695 (40%)	$4,638	2,179 (52%)	$7,526
2020-21	2,057 (56%)	$5,015	1,995 (54%)	$4,796	2,282 (62%)	$7,425
2021-22	2,179 (51%)	$5,081	2,110 (49%)	$4,874	2,303 (54%)	$7,330
Average	1,693 (47.56%)	$4,826	1,582 (44.56%)	$4,519	2,045 (56.89%)	$7,770

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

Overview

For the last 10 years, on average, 363 (55.44 % of students) received grants or scholarships and its average amount is $4,754. It can cover 23.19% of tuition & fees ($20,500).

In addition, 531 (81.33 % of students) students get helped from the students loans (average amount : $10,239).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	545 (74%)	$3,857	601 (82%)	$8,453
2014-15	178 (41%)	$3,889	246 (57%)	$13,137
2015-16	353 (59%)	$4,770	548 (91%)	$10,784
2016-17	379 (55%)	$4,873	615 (89%)	$10,050
2017-18	325 (51%)	$5,144	515 (81%)	$10,306
2018-19	318 (55%)	$5,319	532 (93%)	$10,158
2019-20	405 (63%)	$4,962	580 (90%)	$9,515
2020-21	419 (64%)	$4,918	600 (92%)	$9,529
2021-22	349 (37%)	$5,055	545 (57%)	$10,219
Average	363 (55.44%)	$4,754	531 (81.33%)	$10,239

^*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.

^**percentage of number of students receiving aids among all undergraduate students.

Grants/Scholarship

The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 334 (50.67 % of students) received Pell (federal) grants and its average amount is $4,807.

In addition, 9 students received State/local government grants/scholarships (2.00 % of students).

Year	Federal (Pell) Grants		Other Federal		State/Local government		Institutional
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	505 (69%)	$4,025	-	-	30 (4%)	$494	10 (1%)	$5,455
2014-15	124 (29%)	$4,675	-	-	7 (2%)	$2,029	47 (11%)	$2,094
2015-16	329 (55%)	$4,650	-	-	2 (0%)	$8,399	55 (9%)	$2,493
2016-17	333 (48%)	$4,819	-	-	4 (1%)	$7,380	72 (10%)	$2,953
2017-18	293 (46%)	$5,171	-	-	3 (0%)	$3,549	48 (8%)	$3,045
2018-19	297 (52%)	$5,308	-	-	2 (0%)	$3,690	33 (6%)	$3,265
2019-20	381 (59%)	$4,995	-	-	11 (2%)	$1,755	28 (4%)	$3,118
2020-21	404 (62%)	$4,770	-	-	14 (2%)	$1,867	16 (2%)	$6,730
2021-22	340 (36%)	$4,846	-	-	5 (1%)	$4,744	12 (1%)	$7,745
Average	334 (50.67%)	$4,807	-	-	9 (2.00%)	$3,767	36 (5.78%)	$4,100

^*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.

^**percentage of number of students receiving aids among all undergraduate students..

Student Loans

The following table describes number of students and average amount of loans by loan type. The following table shows the trends of grants or scholarships over time.

For the last 10 years, on average, 531 (81.33 % of students) get any students loan help and its average loan amount is $531.

Year	Total		Federal student loans		Other student loans
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	601 (82%)	$8,453	588 (80%)	$8,001	52 (7%)	$7,224
2014-15	246 (57%)	$13,137	241 (56%)	$8,056	215 (50%)	$6,001
2015-16	548 (91%)	$10,784	425 (71%)	$8,524	289 (48%)	$7,914
2016-17	615 (89%)	$10,050	497 (72%)	$8,272	310 (45%)	$6,675
2017-18	515 (81%)	$10,306	431 (68%)	$8,222	268 (42%)	$6,582
2018-19	532 (93%)	$10,158	407 (71%)	$8,007	278 (49%)	$7,717
2019-20	580 (90%)	$9,515	459 (71%)	$7,358	322 (50%)	$6,650
2020-21	600 (92%)	$9,529	474 (72%)	$7,210	389 (59%)	$5,913
2021-22	545 (57%)	$10,219	404 (42%)	$7,150	378 (40%)	$7,092
Average	531 (81.33%)	$10,239	436 (67.00%)	$7,867	278 (43.33%)	$6,863

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Scholarships, Grants, and Loan Trends at Aveda Arts & Sciences Institute-Covington

All Undergraduate Students Financial Aid Over Time

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time