How GMAI'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 Arts & Sciences Institute Seattle since 2013.

For that period, the average number of students who received grants aid/scholarships is 116, which is 39.22 % of all undergraduate students. 135 students which is 45.56% of undergraduate students received federal student loans and the average loan amount is $7,175.

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	202 (43%)	$3,420	171 (37%)	$3,515	260 (56%)	$8,925
2014-15	259 (51%)	$3,700	219 (43%)	$3,755	279 (55%)	$8,624
2015-16	193 (40%)	$3,261	159 (33%)	$3,716	222 (46%)	$8,465
2016-17	114 (34%)	$2,495	83 (25%)	$2,786	140 (42%)	$4,231
2017-18	93 (48%)	$1,877	52 (27%)	$2,450	63 (33%)	$4,659
2018-19	54 (56%)	$3,209	36 (37%)	$3,889	54 (56%)	$5,522
2019-20	37 (27%)	$3,934	34 (25%)	$4,117	53 (39%)	$8,248
2020-21	34 (23%)	$4,318	33 (22%)	$4,388	57 (39%)	$7,670
2021-22	61 (31%)	$4,955	54 (28%)	$4,416	86 (44%)	$8,234
Average	116 (39.22%)	$3,463	93 (30.78%)	$3,670	135 (45.56%)	$7,175

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

Overview

For the last 10 years, on average, 47 (54.88 % of students) received grants or scholarships and its average amount is $3,292. It can cover 15.68% of tuition & fees ($21,000).

In addition, 56 (63.38 % of students) students get helped from the students loans (average amount : $7,035).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	34 (45%)	$3,671	54 (72%)	$8,956
2014-15	98 (70%)	$3,876	110 (78%)	$9,893
2015-16	104 (63%)	$3,716	104 (63%)	$8,465
2016-17	47 (33%)	$2,985	75 (52%)	$5,839
2017-18	52 (42%)	$2,819	54 (44%)	$4,787
2018-19	22 (54%)	$3,239	25 (61%)	$5,656
2019-20	19 (32%)	$3,322	22 (37%)	$8,284
2020-21	-	-	-	-
2021-22	2 (100%)	$2,707	2 (100%)	$4,397
Average	47 (54.88%)	$3,292	56 (63.38%)	$7,035

^*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, 46 (52.25 % of students) received Pell (federal) grants and its average amount is $3,365.

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	34 (45%)	$3,671	-	-	-	-	-	-
2014-15	98 (70%)	$3,876	-	-	-	-	-	-
2015-16	104 (63%)	$3,716	-	-	-	-	-	-
2016-17	47 (33%)	$2,985	-	-	-	-	-	-
2017-18	44 (35%)	$2,563	-	-	-	-	8 (6%)	$4,231
2018-19	18 (44%)	$3,833	-	-	-	-	4 (10%)	$567
2019-20	17 (28%)	$3,565	-	-	-	-	2 (3%)	$1,250
2020-21	-	-	-	-	-	-	-	-
2021-22	2 (100%)	$2,707	-	-	-	-	-	-
Average	46 (52.25%)	$3,365	-	-	-	-	5 (6.33%)	$2,016

^*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, 56 (63.38 % of students) get any students loan help and its average loan amount is $56.

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	54 (72%)	$8,956	54 (72%)	$8,956	-	-
2014-15	110 (78%)	$9,893	110 (78%)	$9,893	-	-
2015-16	104 (63%)	$8,465	104 (63%)	$8,465	-	-
2016-17	75 (52%)	$5,839	75 (52%)	$5,839	-	-
2017-18	54 (44%)	$4,787	54 (44%)	$4,787	-	-
2018-19	25 (61%)	$5,656	25 (61%)	$5,656	-	-
2019-20	22 (37%)	$8,284	22 (37%)	$8,284	-	-
2020-21	-	-	-	-	-	-
2021-22	2 (100%)	$4,397	-	-	2 (100%)	$4,397
Average	56 (63.38%)	$7,035	63 (58.14%)	$7,411	2 (100.00%)	$4,397

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Scholarships, Grants, and Loan Trends at GMAI

All Undergraduate Students Financial Aid Over Time

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