Scholarships, Grants, and Loan Trends at Aveda Fredric's Institute-Cincinnati

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 170, which is 41.33 % of all undergraduate students. 226 students which is 55.89% of undergraduate students received federal student loans and the average loan amount is $7,500.
For full-time, first-time beginning students (freshmen), 50.33% of students received grants or scholarships and 78% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Aveda Fredric's Institute-Cincinnati since 2013.
For that period, the average number of students who received grants aid/scholarships is 170, which is 41.33 % of all undergraduate students. 226 students which is 55.89% of undergraduate students received federal student loans and the average loan amount is $7,500.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1498 (34%)$3,99198 (34%)$3,585146 (50%)$10,015
2014-15127 (41%)$3,942124 (40%)$3,846179 (57%)$8,132
2015-16112 (38%)$3,369104 (35%)$3,510151 (51%)$7,308
2016-17107 (36%)$3,843104 (35%)$3,744165 (55%)$7,914
2017-18116 (35%)$4,961109 (33%)$4,820179 (53%)$7,292
2018-19130 (35%)$3,973130 (35%)$3,973235 (63%)$5,614
2019-20318 (69%)$2,736196 (43%)$3,586283 (62%)$6,544
2020-21234 (39%)$4,629227 (38%)$4,456317 (53%)$7,160
2021-22288 (45%)$4,890286 (45%)$4,822378 (59%)$7,520
Average170 (41.33%)$4,037153 (37.56%)$4,038226 (55.89%)$7,500

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

For the last 10 years, on average, 47 (50.33 % of students) received grants or scholarships and its average amount is $4,269. It can cover 19.79% of tuition & fees ($21,575).
In addition, 69 (78.00 % of students) students get helped from the students loans (average amount : $8,185).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1423 (66%)$3,55632 (91%)$11,173
2014-1533 (46%)$4,16057 (79%)$9,540
2015-1616 (38%)$3,95537 (88%)$7,948
2016-1716 (36%)$4,06034 (76%)$8,254
2017-1817 (34%)$5,17038 (76%)$9,170
2018-1988 (41%)$4,453127 (59%)$3,731
2019-2080 (88%)$2,65371 (78%)$7,192
2020-2171 (45%)$5,164111 (71%)$8,628
2021-2279 (59%)$5,248113 (84%)$8,025
Average47 (50.33%)$4,26969 (78.00%)$8,185
*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.
The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 43 (46.22 % of students) received Pell (federal) grants and its average amount is $4,376.
Year Federal (Pell) GrantsOther Federal State/Local governmentInstitutional
Number Received (percent)Average AmountNumber Received (percent)Average Amount Number Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1423 (66%)$3,556------
2014-1533 (46%)$4,160------
2015-1616 (38%)$3,955------
2016-1716 (36%)$4,060------
2017-1817 (34%)$5,170------
2018-1988 (41%)$4,453------
2019-2046 (51%)$3,61762 (68%)$673--3 (3%)$1,377
2020-2171 (45%)$5,164------
2021-2279 (59%)$5,248------
Average43 (46.22%)$4,37662 (68.00%)$673--3 (3.00%)$1,377
*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..
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, 69 (78.00 % of students) get any students loan help and its average loan amount is $69.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1432 (91%)$11,17332 (91%)$11,173--
2014-1557 (79%)$9,54057 (79%)$9,3982 (3%)$4,043
2015-1637 (88%)$7,94837 (88%)$7,7911 (2%)$5,812
2016-1734 (76%)$8,25434 (76%)$7,7102 (4%)$9,242
2017-1838 (76%)$9,17038 (76%)$8,7932 (4%)$7,158
2018-19127 (59%)$3,731127 (59%)$3,2016 (3%)$11,233
2019-2071 (78%)$7,19271 (78%)$7,0801 (1%)$7,927
2020-21111 (71%)$8,628111 (71%)$7,72613 (8%)$7,705
2021-22113 (84%)$8,025113 (84%)$7,7335 (4%)$6,613
Average69 (78.00%)$8,18569 (78.00%)$7,8454 (3.63%)$7,467
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