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

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 138, which is 43.44 % of all undergraduate students. 171 students which is 54.78% of undergraduate students received federal student loans and the average loan amount is $8,093.
For full-time, first-time beginning students (freshmen), 52.33% of students received grants or scholarships and 75% 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-Indianapolis since 2013.
For that period, the average number of students who received grants aid/scholarships is 138, which is 43.44 % of all undergraduate students. 171 students which is 54.78% of undergraduate students received federal student loans and the average loan amount is $8,093.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14101 (42%)$3,80296 (40%)$3,406141 (58%)$11,072
2014-15124 (46%)$4,048113 (42%)$4,020177 (65%)$11,238
2015-1697 (35%)$4,06797 (35%)$3,864130 (47%)$8,138
2016-17105 (47%)$3,89099 (45%)$3,877148 (67%)$7,841
2017-18132 (39%)$4,221129 (38%)$4,104169 (50%)$7,264
2018-19134 (40%)$3,642134 (40%)$3,642198 (60%)$5,585
2019-20241 (68%)$2,708128 (36%)$3,836188 (53%)$7,563
2020-21169 (37%)$4,611156 (34%)$4,307195 (42%)$6,853
2021-22140 (37%)$4,565140 (37%)$4,493193 (51%)$7,284
Average138 (43.44%)$3,950121 (38.56%)$3,950171 (54.78%)$8,093

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

For the last 10 years, on average, 60 (52.33 % of students) received grants or scholarships and its average amount is $4,129. It can cover 19.14% of tuition & fees ($21,575).
In addition, 83 (75.11 % of students) students get helped from the students loans (average amount : $9,256).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1429 (45%)$3,80651 (78%)$13,436
2014-1540 (46%)$3,86565 (75%)$11,627
2015-1631 (41%)$4,29555 (73%)$9,049
2016-1761 (42%)$4,041114 (78%)$8,634
2017-1882 (46%)$4,302129 (72%)$8,668
2018-1983 (43%)$3,830104 (54%)$3,481
2019-20129 (91%)$2,73796 (68%)$8,671
2020-2148 (63%)$5,13174 (97%)$9,940
2021-2240 (54%)$5,15560 (81%)$9,797
Average60 (52.33%)$4,12983 (75.11%)$9,256
*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, 52 (46.78 % of students) received Pell (federal) grants and its average amount is $4,278.
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
2013-1429 (45%)$3,806------
2014-1540 (46%)$3,865------
2015-1631 (41%)$4,295------
2016-1761 (42%)$4,041------
2017-1882 (46%)$4,302------
2018-1983 (43%)$3,830------
2019-2058 (41%)$4,537116 (82%)$709--6 (4%)$1,274
2020-2148 (63%)$4,922----1 (1%)$10,000
2021-2240 (54%)$4,905----1 (1%)$10,000
Average52 (46.78%)$4,278116 (82.00%)$709--3 (2.00%)$7,091
*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, 83 (75.11 % of students) get any students loan help and its average loan amount is $83.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1451 (78%)$13,43651 (78%)$12,8604 (6%)$7,341
2014-1565 (75%)$11,62765 (75%)$11,1393 (3%)$10,567
2015-1655 (73%)$9,04955 (73%)$8,2914 (5%)$10,419
2016-17114 (78%)$8,634114 (78%)$8,2717 (5%)$5,917
2017-18129 (72%)$8,668128 (72%)$8,0428 (4%)$11,113
2018-19104 (54%)$3,481104 (54%)$2,8298 (4%)$8,488
2019-2096 (68%)$8,67196 (68%)$8,0047 (5%)$9,138
2020-2174 (97%)$9,94074 (97%)$7,47319 (25%)$9,606
2021-2260 (81%)$9,79756 (76%)$8,3307 (9%)$17,332
Average83 (75.11%)$9,25683 (74.56%)$8,3607 (7.33%)$9,991
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