How Aveda Institute-Madison'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 Institute-Madison since 2014.

For that period, the average number of students who received grants aid/scholarships is 70, which is 51.88 % of all undergraduate students. 92 students which is 72.25% of undergraduate students received federal student loans and the average loan amount is $7,890.

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
2014-15	13 (37%)	$4,742	13 (37%)	$4,742	25 (71%)	$6,482
2015-16	36 (38%)	$4,959	36 (38%)	$4,959	64 (68%)	$8,231
2016-17	49 (43%)	$5,252	49 (43%)	$5,252	85 (74%)	$8,567
2017-18	52 (41%)	$5,124	52 (41%)	$5,124	92 (73%)	$8,079
2018-19	87 (49%)	$4,685	87 (49%)	$4,685	132 (75%)	$7,830
2019-20	123 (75%)	$3,437	87 (53%)	$4,264	128 (78%)	$7,544
2020-21	144 (92%)	$3,212	61 (39%)	$4,212	110 (71%)	$8,218
2021-22	58 (40%)	$4,764	58 (40%)	$4,764	98 (68%)	$8,168
Average	70 (51.88%)	$4,522	55 (42.50%)	$4,750	92 (72.25%)	$7,890

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

Overview

For the last 9 years, on average, 16 (46.88 % of students) received grants or scholarships and its average amount is $3,699. It can cover 17.60% of tuition & fees ($21,015).

In addition, 23 (63.38 % of students) students get helped from the students loans (average amount : $7,859).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2014-15	8 (35%)	$4,830	14 (61%)	$7,422
2015-16	16 (31%)	$3,674	33 (65%)	$6,736
2016-17	12 (33%)	$3,735	22 (61%)	$7,775
2017-18	15 (36%)	$4,682	25 (60%)	$9,125
2018-19	13 (30%)	$3,506	28 (64%)	$7,900
2019-20	21 (75%)	$2,350	18 (64%)	$7,078
2020-21	32 (97%)	$1,894	21 (64%)	$8,216
2021-22	13 (38%)	$4,920	23 (68%)	$8,616
Average	16 (46.88%)	$3,699	23 (63.38%)	$7,859

^*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 9 years, on average, 12 (34.50 % of students) received Pell (federal) grants and its average amount is $4,020.

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
2014-15	8 (35%)	$4,830	-	-	-	-	-	-
2015-16	16 (31%)	$3,674	-	-	-	-	-	-
2016-17	12 (33%)	$3,735	-	-	-	-	-	-
2017-18	15 (36%)	$4,682	-	-	-	-	-	-
2018-19	13 (30%)	$3,506	-	-	-	-	-	-
2019-20	12 (43%)	$3,435	15 (54%)	$542	-	-	-	-
2020-21	10 (30%)	$3,378	28 (85%)	$958	-	-	-	-
2021-22	13 (38%)	$4,920	-	-	-	-	-	-
Average	12 (34.50%)	$4,020	22 (69.50%)	$750	-	-	-	-

^*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 9 years, on average, 23 (63.38 % of students) get any students loan help and its average loan amount is $23.

Year	Total		Federal student loans		Other student loans
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2014-15	14 (61%)	$7,422	14 (61%)	$7,422	-	-
2015-16	33 (65%)	$6,736	33 (65%)	$6,736	-	-
2016-17	22 (61%)	$7,775	22 (61%)	$7,775	-	-
2017-18	25 (60%)	$9,125	25 (60%)	$9,125	-	-
2018-19	28 (64%)	$7,900	28 (64%)	$7,793	1 (2%)	$3,000
2019-20	18 (64%)	$7,078	18 (64%)	$7,078	-	-
2020-21	21 (64%)	$8,216	21 (64%)	$7,873	1 (3%)	$7,193
2021-22	23 (68%)	$8,616	23 (68%)	$8,120	1 (3%)	$11,408
Average	23 (63.38%)	$7,859	23 (63.38%)	$7,740	1 (2.67%)	$7,200

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Scholarships, Grants, and Loan Trends at Aveda Institute-Madison

All Undergraduate Students Financial Aid Over Time

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