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-Covington since 2011.
For that period, the average number of students who received grants aid/scholarships is 1,519, which is 48.18 % of all undergraduate students. 1,874 students which is 61.64% of undergraduate students received federal student loans and the average loan amount is $7,566.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-12320 (41%)$5,308300 (38%)$3,232665 (85%)$7,001
2012-131,155 (61%)$5,184960 (50%)$3,4431,550 (81%)$6,300
2013-141,408 (82%)$3,5961,385 (80%)$3,6231,561 (91%)$9,660
2014-151,216 (28%)$4,7011,021 (24%)$4,3851,895 (44%)$7,265
2015-161,750 (45%)$4,8511,613 (41%)$4,4022,065 (53%)$8,037
2016-171,612 (41%)$5,0561,436 (37%)$4,4461,969 (50%)$7,906
2017-181,585 (41%)$5,2111,449 (38%)$4,8332,015 (53%)$7,382
2018-191,642 (41%)$5,0601,532 (38%)$4,6732,133 (53%)$7,396
2019-201,785 (43%)$4,8611,695 (40%)$4,6382,179 (52%)$7,526
2020-212,057 (56%)$5,0151,995 (54%)$4,7962,282 (62%)$7,425
2021-222,179 (51%)$5,0812,110 (49%)$4,8742,303 (54%)$7,330
Average1,519 (48.18%)$4,9021,409 (44.45%)$4,3041,874 (61.64%)$7,566

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

OverviewGrants/ScholarshipStudent Loans
For the last 12 years, on average, 355 (54.64 % of students) received grants or scholarships and its average amount is $4,680. It can cover 22.83% of tuition & fees ($20,500).
In addition, 514 (79.91 % of students) students get helped from the students loans (average amount : $9,792).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-12132 (41%)$4,601219 (68%)$8,041
2012-13500 (61%)$4,097650 (79%)$7,522
2013-14545 (74%)$3,857601 (82%)$8,453
2014-15178 (41%)$3,889246 (57%)$13,137
2015-16353 (59%)$4,770548 (91%)$10,784
2016-17379 (55%)$4,873615 (89%)$10,050
2017-18325 (51%)$5,144515 (81%)$10,306
2018-19318 (55%)$5,319532 (93%)$10,158
2019-20405 (63%)$4,962580 (90%)$9,515
2020-21419 (64%)$4,918600 (92%)$9,529
2021-22349 (37%)$5,055545 (57%)$10,219
Average355 (54.64%)$4,680514 (79.91%)$9,792
*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 12 years, on average, 329 (50.45 % of students) received Pell (federal) grants and its average amount is $4,710.
In addition, 11 students received State/local government grants/scholarships (2.63 % of students).
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
2011-12130 (41%)$4,35360 (19%)$59820 (6%)$280--
2012-13478 (58%)$4,200120 (15%)$24925 (3%)$436--
2013-14505 (69%)$4,025--30 (4%)$49410 (1%)$5,455
2014-15124 (29%)$4,675--7 (2%)$2,02947 (11%)$2,094
2015-16329 (55%)$4,650--2 (0%)$8,39955 (9%)$2,493
2016-17333 (48%)$4,819--4 (1%)$7,38072 (10%)$2,953
2017-18293 (46%)$5,171--3 (0%)$3,54948 (8%)$3,045
2018-19297 (52%)$5,308--2 (0%)$3,69033 (6%)$3,265
2019-20381 (59%)$4,995--11 (2%)$1,75528 (4%)$3,118
2020-21404 (62%)$4,770--14 (2%)$1,86716 (2%)$6,730
2021-22340 (36%)$4,846--5 (1%)$4,74412 (1%)$7,745
Average329 (50.45%)$4,71090 (17.00%)$42411 (2.63%)$3,14836 (5.78%)$4,100
*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 12 years, on average, 514 (79.91 % of students) get any students loan help and its average loan amount is $514.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2011-12219 (68%)$8,041219 (68%)$7,75611 (3%)$5,668
2012-13650 (79%)$7,522650 (79%)$7,32120 (2%)$6,513
2013-14601 (82%)$8,453588 (80%)$8,00152 (7%)$7,224
2014-15246 (57%)$13,137241 (56%)$8,056215 (50%)$6,001
2015-16548 (91%)$10,784425 (71%)$8,524289 (48%)$7,914
2016-17615 (89%)$10,050497 (72%)$8,272310 (45%)$6,675
2017-18515 (81%)$10,306431 (68%)$8,222268 (42%)$6,582
2018-19532 (93%)$10,158407 (71%)$8,007278 (49%)$7,717
2019-20580 (90%)$9,515459 (71%)$7,358322 (50%)$6,650
2020-21600 (92%)$9,529474 (72%)$7,210389 (59%)$5,913
2021-22545 (57%)$10,219404 (42%)$7,150378 (40%)$7,092
Average514 (79.91%)$9,792436 (68.18%)$7,807230 (35.91%)$6,723

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