Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 105, which is 44.00 % of all undergraduate students. 127 students which is 52.67% of undergraduate students received federal student loans and the average loan amount is $7,960.

For full-time, first-time beginning students (freshmen), 57.56% of students received grants or scholarships and 72% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table shows the trends of financial aid for all undergraduate students at Aveda Institute-Chicago since 2013.

For that period, the average number of students who received grants aid/scholarships is 105, which is 44.00 % of all undergraduate students. 127 students which is 52.67% of undergraduate students received federal student loans and the average loan amount is $7,960.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14123 (38%)$3,717122 (37%)$3,736181 (55%)$7,628
2014-15171 (53%)$3,460142 (44%)$3,485192 (59%)$7,187
2015-16151 (54%)$4,026131 (46%)$3,756165 (59%)$7,827
2016-17106 (42%)$3,965106 (42%)$3,837137 (55%)$8,117
2017-1893 (46%)$4,00575 (37%)$4,254115 (56%)$7,567
2018-1978 (40%)$4,61377 (39%)$4,36593 (47%)$8,114
2019-2076 (42%)$4,94875 (42%)$4,58187 (48%)$8,953
2020-2165 (35%)$5,20164 (34%)$4,92287 (47%)$8,708
2021-2281 (46%)$5,14678 (44%)$4,68286 (48%)$7,538
Average105 (44.00%)$4,34297 (40.56%)$4,180127 (52.67%)$7,960
*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.

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

For the last 10 years, on average, 34 (57.56 % of students) received grants or scholarships and its average amount is $4,224. It can cover 18.90% of tuition & fees ($22,350).

In addition, 41 (72.22 % of students) students get helped from the students loans (average amount : $8,944).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1446 (49%)$3,81363 (67%)$7,691
2014-1588 (59%)$2,77379 (53%)$5,221
2015-1655 (70%)$4,20568 (86%)$9,194
2016-1735 (55%)$3,75452 (81%)$9,247
2017-1823 (55%)$3,90033 (79%)$9,033
2018-1917 (52%)$4,03723 (70%)$10,287
2019-2015 (54%)$5,09220 (71%)$10,989
2020-2110 (67%)$5,13411 (73%)$11,364
2021-2213 (57%)$5,30516 (70%)$7,469
Average34 (57.56%)$4,22441 (72.22%)$8,944
*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, 30 (53.67 % of students) received Pell (federal) grants and its average amount is $4,255.

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
2013-1446 (49%)$3,813------
2014-1565 (44%)$2,969----23 (15%)$2,217
2015-1649 (62%)$4,128----8 (10%)$3,625
2016-1735 (55%)$3,497----3 (5%)$3,000
2017-1818 (43%)$4,316----6 (14%)$2,000
2018-1917 (52%)$4,037------
2019-2015 (54%)$5,092------
2020-2110 (67%)$5,134------
2021-2213 (57%)$5,305------
Average30 (53.67%)$4,255----10 (11.00%)$2,711
*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, 41 (72.22 % of students) get any students loan help and its average loan amount is $41.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1463 (67%)$7,69163 (67%)$7,691--
2014-1579 (53%)$5,22177 (52%)$5,0932 (1%)$10,128
2015-1668 (86%)$9,19468 (86%)$8,7543 (4%)$9,964
2016-1752 (81%)$9,24752 (81%)$8,4813 (5%)$13,273
2017-1833 (79%)$9,03333 (79%)$8,2973 (7%)$8,094
2018-1923 (70%)$10,28723 (70%)$8,2053 (9%)$15,963
2019-2020 (71%)$10,98920 (71%)$10,989--
2020-2111 (73%)$11,36411 (73%)$11,364--
2021-2216 (70%)$7,46916 (70%)$7,469--
Average41 (72.22%)$8,94440 (72.11%)$8,4833 (5.20%)$11,484