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

Over the past 9 years (2014-2022), the average number of students who received grants aid/scholarships is 70, which is 51.88 % of all undergraduate students. 92 students which is 72.25% of undergraduate students received federal student loans and the average loan amount is $7,890.
For full-time, first-time beginning students (freshmen), 46.88% of students received grants or scholarships and 63% 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 Aveda Institute-Madison since 2014.
For that period, the average number of students who received grants aid/scholarships is 70, which is 51.88 % of all undergraduate students. 92 students which is 72.25% of undergraduate students received federal student loans and the average loan amount is $7,890.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-1513 (37%)$4,74213 (37%)$4,74225 (71%)$6,482
2015-1636 (38%)$4,95936 (38%)$4,95964 (68%)$8,231
2016-1749 (43%)$5,25249 (43%)$5,25285 (74%)$8,567
2017-1852 (41%)$5,12452 (41%)$5,12492 (73%)$8,079
2018-1987 (49%)$4,68587 (49%)$4,685132 (75%)$7,830
2019-20123 (75%)$3,43787 (53%)$4,264128 (78%)$7,544
2020-21144 (92%)$3,21261 (39%)$4,212110 (71%)$8,218
2021-2258 (40%)$4,76458 (40%)$4,76498 (68%)$8,168
Average70 (51.88%)$4,52255 (42.50%)$4,75092 (72.25%)$7,890

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

For the last 9 years, on average, 16 (46.88 % of students) received grants or scholarships and its average amount is $3,699. It can cover 17.60% of tuition & fees ($21,015).
In addition, 23 (63.38 % of students) students get helped from the students loans (average amount : $7,859).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-158 (35%)$4,83014 (61%)$7,422
2015-1616 (31%)$3,67433 (65%)$6,736
2016-1712 (33%)$3,73522 (61%)$7,775
2017-1815 (36%)$4,68225 (60%)$9,125
2018-1913 (30%)$3,50628 (64%)$7,900
2019-2021 (75%)$2,35018 (64%)$7,078
2020-2132 (97%)$1,89421 (64%)$8,216
2021-2213 (38%)$4,92023 (68%)$8,616
Average16 (46.88%)$3,69923 (63.38%)$7,859
*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 9 years, on average, 12 (34.50 % of students) received Pell (federal) grants and its average amount is $4,020.
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
2014-158 (35%)$4,830------
2015-1616 (31%)$3,674------
2016-1712 (33%)$3,735------
2017-1815 (36%)$4,682------
2018-1913 (30%)$3,506------
2019-2012 (43%)$3,43515 (54%)$542----
2020-2110 (30%)$3,37828 (85%)$958----
2021-2213 (38%)$4,920------
Average12 (34.50%)$4,02022 (69.50%)$750----
*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 9 years, on average, 23 (63.38 % of students) get any students loan help and its average loan amount is $23.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-1514 (61%)$7,42214 (61%)$7,422--
2015-1633 (65%)$6,73633 (65%)$6,736--
2016-1722 (61%)$7,77522 (61%)$7,775--
2017-1825 (60%)$9,12525 (60%)$9,125--
2018-1928 (64%)$7,90028 (64%)$7,7931 (2%)$3,000
2019-2018 (64%)$7,07818 (64%)$7,078--
2020-2121 (64%)$8,21621 (64%)$7,8731 (3%)$7,193
2021-2223 (68%)$8,61623 (68%)$8,1201 (3%)$11,408
Average23 (63.38%)$7,85923 (63.38%)$7,7401 (2.67%)$7,200
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