Over the past 3 years (2022-2023), the average number of students who received grants aid/scholarships is 141, which is 40.50 % of all undergraduate students. 166 students which is 48.00% of undergraduate students received federal student loans and the average loan amount is $6,974.
For full-time, first-time beginning students (freshmen), 37.50% of students received grants or scholarships and 54% of students received student loans.
The following table shows the trends of financial aid for all undergraduate students at Aveda Arts & Sciences Institute Lafayette-Arlington since 2021.
For that period, the average number of students who received grants aid/scholarships is 141, which is 40.50 % of all undergraduate students. 166 students which is 48.00% of undergraduate students received federal student loans and the average loan amount is $6,974.
| Year | Grant or Scholarship* | Pell Grants | Federal Student Loans | |||
|---|---|---|---|---|---|---|
| Number Received (percent**) | Average Amount | Number Received (percent**) | Average Amount | Number Received (percent**) | Average Amount | |
| 2021-22 | 89 (30%) | $4,540 | 88 (29%) | $4,352 | 107 (36%) | $7,564 |
| 2022-23 | 192 (51%) | $4,838 | 189 (50%) | $4,702 | 224 (60%) | $6,384 |
| Average | 141 (40.50%) | $4,689 | 139 (39.50%) | $4,527 | 166 (48.00%) | $6,974 |
For the last 3 years, on average, 12 (37.50 % of students) received grants or scholarships and its average amount is $5,800. It can cover 27.62% of tuition & fees ($21,000).
In addition, 17 (54.00 % of students) students get helped from the students loans (average amount : $8,914).
| Year | Grants or Scholarships* | Student Loans | ||
|---|---|---|---|---|
| Number Received (percent**) | Average Amount | Number Received (percent**) | Average Amount | |
| 2021-22 | 1 (5%) | $6,495 | 3 (14%) | $8,828 |
| 2022-23 | 23 (70%) | $5,104 | 31 (94%) | $8,999 |
| Average | 12 (37.50%) | $5,800 | 17 (54.00%) | $8,914 |
The following table shows the trends of grants or scholarships over time. For the last 3 years, on average, 12 (36.00 % of students) received Pell (federal) grants and its average amount is $5,357.
| Year | Federal (Pell) Grants | Other Federal | State/Local government | Institutional | ||||
|---|---|---|---|---|---|---|---|---|
| Number Received (percent) | Average Amount | Number Received (percent) | Average Amount | Number Received (percent) | Average Amount | Number Received (percent) | Average Amount | |
| 2021-22 | 1 (5%) | $6,495 | - | - | - | - | - | - |
| 2022-23 | 22 (67%) | $4,218 | - | - | - | - | 2 (6%) | $12,291 |
| Average | 12 (36.00%) | $5,357 | - | - | - | - | 2 (6.00%) | $12,291 |
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 3 years, on average, 17 (54.00 % of students) get any students loan help and its average loan amount is $17.
| Year | Total | Federal student loans | Other student loans | |||
|---|---|---|---|---|---|---|
| Number Received (percent) | Average Amount | Number Received (percent) | Average Amount | Number Received (percent) | Average Amount | |
| 2021-22 | 3 (14%) | $8,828 | - | - | 3 (14%) | $8,828 |
| 2022-23 | 31 (94%) | $8,999 | 22 (67%) | $6,362 | 19 (58%) | $7,316 |
| Average | 17 (54.00%) | $8,914 | 22 (67.00%) | $6,362 | 11 (36.00%) | $8,072 |
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