How Aveda Institute-Maryland'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-Maryland since 2013.

For that period, the average number of students who received grants aid/scholarships is 80, which is 60.11 % of all undergraduate students. 79 students which is 58.56% of undergraduate students received federal student loans and the average loan amount is $5,923.

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	63 (66%)	$3,934	63 (66%)	$3,934	79 (83%)	$6,114
2014-15	84 (88%)	$7,999	62 (65%)	$3,799	67 (70%)	$6,513
2015-16	68 (75%)	$3,325	67 (74%)	$3,315	66 (73%)	$5,088
2016-17	18 (25%)	$4,741	18 (25%)	$4,522	18 (25%)	$7,554
2017-18	36 (37%)	$7,899	36 (37%)	$5,399	38 (39%)	$6,920
2018-19	104 (87%)	$6,106	92 (77%)	$2,563	95 (79%)	$4,203
2019-20	95 (59%)	$2,918	88 (55%)	$3,110	73 (45%)	$7,018
2020-21	149 (59%)	$1,397	149 (59%)	$1,390	140 (56%)	$4,091
2021-22	106 (45%)	$4,118	106 (45%)	$4,113	135 (57%)	$5,808
Average	80 (60.11%)	$4,715	76 (55.89%)	$3,572	79 (58.56%)	$5,923

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

Overview

For the last 10 years, on average, 38 (65.56 % of students) received grants or scholarships and its average amount is $4,111. It can cover 34.40% of tuition & fees ($11,950).

In addition, 42 (73.89 % of students) students get helped from the students loans (average amount : $6,556).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	36 (72%)	$3,698	41 (82%)	$5,716
2014-15	26 (57%)	$4,260	39 (85%)	$6,856
2015-16	17 (74%)	$4,536	20 (87%)	$5,803
2016-17	13 (76%)	$4,745	13 (76%)	$6,909
2017-18	32 (67%)	$4,244	37 (77%)	$5,545
2018-19	61 (80%)	$3,939	60 (79%)	$6,654
2019-20	66 (53%)	$3,336	73 (59%)	$4,866
2020-21	56 (64%)	$3,717	56 (64%)	$10,227
2021-22	34 (47%)	$4,523	41 (56%)	$6,430
Average	38 (65.56%)	$4,111	42 (73.89%)	$6,556

^*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, 38 (64.89 % of students) received Pell (federal) grants and its average amount is $4,090.

In addition, 3 students received State/local government grants/scholarships (7.67 % of students).

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	35 (70%)	$3,789	-	-	1 (2%)	$500	-	-
2014-15	26 (57%)	$4,240	-	-	1 (2%)	$500	-	-
2015-16	16 (70%)	$4,695	-	-	4 (17%)	$500	-	-
2016-17	13 (76%)	$4,591	-	-	4 (24%)	$500	-	-
2017-18	32 (67%)	$4,166	-	-	5 (10%)	$500	-	-
2018-19	61 (80%)	$3,825	9 (12%)	$500	5 (7%)	$500	-	-
2019-20	66 (53%)	$3,298	-	-	5 (4%)	$500	-	-
2020-21	56 (64%)	$3,699	-	-	2 (2%)	$500	-	-
2021-22	34 (47%)	$4,508	-	-	1 (1%)	$500	-	-
Average	38 (64.89%)	$4,090	9 (12.00%)	$500	3 (7.67%)	$500	-	-

^*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, 42 (73.89 % of students) get any students loan help and its average loan amount is $42.

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	41 (82%)	$5,716	41 (82%)	$5,716	-	-
2014-15	39 (85%)	$6,856	39 (85%)	$6,856	-	-
2015-16	20 (87%)	$5,803	20 (87%)	$5,803	-	-
2016-17	13 (76%)	$6,909	13 (76%)	$6,909	-	-
2017-18	37 (77%)	$5,545	37 (77%)	$5,545	-	-
2018-19	60 (79%)	$6,654	60 (79%)	$6,654	-	-
2019-20	73 (59%)	$4,866	73 (59%)	$4,866	-	-
2020-21	56 (64%)	$10,227	56 (64%)	$10,227	-	-
2021-22	41 (56%)	$6,430	41 (56%)	$6,430	-	-
Average	42 (73.89%)	$6,556	42 (73.89%)	$6,556	-	-

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

All Undergraduate Students Financial Aid Over Time

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