Scholarships, Grants, and Loan Trends at Douglas J Aveda Institute

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 720, which is 52.00 % of all undergraduate students. 848 students which is 60.89% of undergraduate students received federal student loans and the average loan amount is $7,585.
For full-time, first-time beginning students (freshmen), 59.44% of students received grants or scholarships and 80% 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 Douglas J Aveda Institute since 2013.
For that period, the average number of students who received grants aid/scholarships is 720, which is 52.00 % of all undergraduate students. 848 students which is 60.89% of undergraduate students received federal student loans and the average loan amount is $7,585.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14713 (44%)$4,254707 (43%)$4,2211,000 (61%)$8,889
2014-15865 (56%)$4,969658 (43%)$4,390999 (65%)$7,531
2015-16801 (63%)$4,263618 (48%)$3,737778 (61%)$7,586
2016-17635 (50%)$3,687613 (48%)$3,569777 (61%)$7,914
2017-18733 (57%)$3,942672 (52%)$3,791802 (62%)$7,344
2018-19684 (51%)$4,503668 (50%)$4,295796 (59%)$7,312
2019-20662 (48%)$4,343643 (46%)$4,244830 (60%)$7,431
2020-21663 (48%)$4,556637 (46%)$4,350813 (59%)$7,069
2021-22726 (51%)$4,633684 (48%)$4,298841 (60%)$7,186
Average720 (52.00%)$4,350656 (47.11%)$4,099848 (60.89%)$7,585

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

For the last 10 years, on average, 240 (59.44 % of students) received grants or scholarships and its average amount is $4,275. It can cover 18.59% of tuition & fees ($23,000).
In addition, 317 (80.22 % of students) students get helped from the students loans (average amount : $8,074).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14354 (49%)$3,645487 (67%)$7,670
2014-15419 (62%)$3,554427 (64%)$5,769
2015-16218 (70%)$4,553255 (82%)$8,742
2016-17174 (57%)$3,920256 (84%)$8,769
2017-18214 (66%)$4,120270 (83%)$7,659
2018-19201 (61%)$4,613269 (82%)$8,978
2019-20180 (62%)$4,578272 (93%)$8,572
2020-21181 (52%)$4,617289 (83%)$8,027
2021-22216 (56%)$4,873327 (84%)$8,478
Average240 (59.44%)$4,275317 (80.22%)$8,074
*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, 214 (53.89 % of students) received Pell (federal) grants and its average amount is $4,168.
In addition, 3 students received State/local government grants/scholarships (1.25 % of students).
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
2013-14348 (48%)$3,679--6 (1%)$1,640--
2014-15288 (43%)$3,564--1 (0%)$3,500130 (19%)$3,530
2015-16167 (54%)$4,105--1 (0%)$1,00081 (26%)$3,776
2016-17167 (55%)$3,859----12 (4%)$3,146
2017-18195 (60%)$3,979----48 (15%)$2,204
2018-19198 (60%)$4,625--3 (1%)$1,7423 (1%)$2,083
2019-20178 (61%)$4,548--3 (1%)$1,5006 (2%)$1,667
2020-21177 (51%)$4,496--1 (0%)$4,00010 (3%)$3,585
2021-22205 (53%)$4,656--6 (2%)$3,68323 (6%)$3,298
Average214 (53.89%)$4,168--3 (1.25%)$2,43839 (9.50%)$2,911
*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, 317 (80.22 % of students) get any students loan help and its average loan amount is $317.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14487 (67%)$7,670474 (65%)$7,64313 (2%)$8,667
2014-15427 (64%)$5,769416 (62%)$5,64111 (2%)$10,621
2015-16255 (82%)$8,742255 (82%)$8,38411 (4%)$8,293
2016-17256 (84%)$8,769255 (83%)$8,37913 (4%)$8,335
2017-18270 (83%)$7,659270 (83%)$7,24714 (4%)$7,941
2018-19269 (82%)$8,978269 (82%)$8,07527 (8%)$8,994
2019-20272 (93%)$8,572272 (93%)$7,86718 (6%)$10,642
2020-21289 (83%)$8,027287 (82%)$7,33420 (6%)$10,750
2021-22327 (84%)$8,478327 (84%)$7,56827 (7%)$11,019
Average317 (80.22%)$8,074314 (79.56%)$7,57117 (4.78%)$9,474
Most Searched Michigan Colleges (last 30 days)
Related Articles and Ads