How Aveda Institute-New Mexico'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-New Mexico since 2013.

For that period, the average number of students who received grants aid/scholarships is 102, which is 51.00 % of all undergraduate students. 108 students which is 53.33% of undergraduate students received federal student loans and the average loan amount is $7,876.

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	167 (70%)	$3,198	167 (70%)	$3,000	223 (93%)	$11,736
2014-15	87 (39%)	$3,970	87 (39%)	$3,970	83 (37%)	$7,506
2015-16	110 (45%)	$4,024	110 (45%)	$4,024	118 (48%)	$9,201
2016-17	125 (60%)	$4,020	125 (60%)	$4,020	134 (65%)	$8,554
2017-18	106 (48%)	$4,308	106 (48%)	$4,308	111 (50%)	$6,812
2018-19	86 (43%)	$4,229	86 (43%)	$4,229	85 (43%)	$6,647
2019-20	83 (52%)	$4,898	83 (52%)	$4,898	76 (48%)	$8,196
2020-21	71 (46%)	$3,361	71 (46%)	$3,361	68 (44%)	$6,651
2021-22	81 (56%)	$4,857	81 (56%)	$4,857	76 (52%)	$5,582
Average	102 (51.00%)	$4,096	102 (51.00%)	$4,074	108 (53.33%)	$7,876

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

Overview

For the last 10 years, on average, 34 (56.11 % of students) received grants or scholarships and its average amount is $4,178. It can cover 24.84% of tuition & fees ($16,818).

In addition, 43 (70.22 % of students) students get helped from the students loans (average amount : $6,143).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	33 (54%)	$4,667	61 (100%)	$6,020
2014-15	34 (62%)	$4,451	42 (76%)	$7,374
2015-16	27 (51%)	$3,831	37 (70%)	$7,092
2016-17	9 (64%)	$3,942	10 (71%)	$5,750
2017-18	47 (51%)	$3,790	62 (67%)	$6,029
2018-19	31 (54%)	$3,536	32 (56%)	$5,198
2019-20	39 (55%)	$4,979	46 (65%)	$6,082
2020-21	43 (52%)	$3,272	48 (59%)	$6,508
2021-22	41 (62%)	$5,133	45 (68%)	$5,232
Average	34 (56.11%)	$4,178	43 (70.22%)	$6,143

^*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, 34 (56.11 % of students) received Pell (federal) grants and its average amount is $4,067.

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	33 (54%)	$3,667	-	-	-	-	33 (54%)	$1,000
2014-15	34 (62%)	$4,451	-	-	-	-	-	-
2015-16	27 (51%)	$3,831	-	-	-	-	-	-
2016-17	9 (64%)	$3,942	-	-	-	-	-	-
2017-18	47 (51%)	$3,790	-	-	-	-	-	-
2018-19	31 (54%)	$3,536	-	-	-	-	-	-
2019-20	39 (55%)	$4,979	-	-	-	-	-	-
2020-21	43 (52%)	$3,272	-	-	-	-	-	-
2021-22	41 (62%)	$5,133	-	-	-	-	-	-
Average	34 (56.11%)	$4,067	-	-	-	-	33 (54.00%)	$1,000

^*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, 43 (70.22 % of students) get any students loan help and its average loan amount is $43.

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	61 (100%)	$6,020	61 (100%)	$6,020	-	-
2014-15	42 (76%)	$7,374	42 (76%)	$7,374	-	-
2015-16	37 (70%)	$7,092	37 (70%)	$7,092	-	-
2016-17	10 (71%)	$5,750	10 (71%)	$5,750	-	-
2017-18	62 (67%)	$6,029	62 (67%)	$6,029	-	-
2018-19	32 (56%)	$5,198	32 (56%)	$5,198	-	-
2019-20	46 (65%)	$6,082	46 (65%)	$6,082	-	-
2020-21	48 (59%)	$6,508	48 (59%)	$6,508	-	-
2021-22	45 (68%)	$5,232	45 (68%)	$5,232	-	-
Average	43 (70.22%)	$6,143	43 (70.22%)	$6,143	-	-

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Scholarships, Grants, and Loan Trends at Aveda Institute-New Mexico

All Undergraduate Students Financial Aid Over Time

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