Scholarships, Grants, and Loan Trends at Aveda Arts & Sciences Institute Minneapolis

-7%

Received Percent Changed

$1,560

Received Amount Changes

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 334, which is 42.22 % of all undergraduate students. 367 students which is 46.33% of undergraduate students received federal student loans and the average loan amount is $6,661.

For full-time, first-time beginning students (freshmen), 59.67% of students received grants or scholarships and 76% 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 Arts & Sciences Institute Minneapolis since 2014.

For that period, the average number of students who received grants aid/scholarships is 334, which is 42.22 % of all undergraduate students. 367 students which is 46.33% of undergraduate students received federal student loans and the average loan amount is $6,661.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-15357 (44%)$4,133222 (28%)$3,649387 (48%)$6,229
2015-16326 (43%)$4,254220 (29%)$3,838353 (47%)$6,892
2016-17282 (40%)$4,619164 (23%)$3,767272 (39%)$6,915
2017-18315 (47%)$5,177234 (35%)$4,221361 (53%)$6,601
2018-19268 (42%)$5,565201 (31%)$4,707318 (50%)$6,669
2019-20360 (46%)$4,959269 (34%)$4,325386 (49%)$7,050
2020-21393 (42%)$5,110304 (32%)$4,368452 (48%)$6,672
2021-22377 (39%)$5,330290 (30%)$4,654417 (43%)$6,543
2022-23331 (37%)$5,693215 (24%)$4,936360 (40%)$6,376
Average334 (42.22%)$4,982235 (29.56%)$4,274367 (46.33%)$6,661
*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, 133 (59.67 % of students) received grants or scholarships and its average amount is $5,229. It can cover 23.45% of tuition & fees ($22,300).

In addition, 171 (76.33 % of students) students get helped from the students loans (average amount : $9,342).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-15208 (52%)$4,105286 (72%)$8,918
2015-16143 (64%)$4,742171 (76%)$10,037
2016-17124 (55%)$4,422137 (61%)$9,870
2017-18122 (66%)$5,534143 (77%)$8,452
2018-19118 (63%)$5,672154 (82%)$8,480
2019-20139 (67%)$5,527172 (83%)$8,257
2020-21105 (53%)$5,424165 (83%)$10,846
2021-22120 (61%)$5,227148 (75%)$9,156
2022-23119 (56%)$6,404166 (78%)$10,063
Average133 (59.67%)$5,229171 (76.33%)$9,342
*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, 95 (42.67 % of students) received Pell (federal) grants and its average amount is $4,649.

In addition, 106 students received State/local government grants/scholarships (47.67 % 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
2014-15139 (35%)$3,83883 (21%)$232171 (43%)$1,59820 (5%)$1,392
2015-16105 (47%)$3,92948 (21%)$336116 (52%)$1,88822 (10%)$1,389
2016-1777 (34%)$3,93230 (13%)$26393 (41%)$2,17922 (10%)$1,590
2017-1893 (50%)$4,80437 (20%)$41494 (51%)$2,00848 (26%)$506
2018-1986 (46%)$5,10149 (26%)$27693 (50%)$2,06867 (36%)$371
2019-20100 (48%)$5,28852 (25%)$233113 (55%)$1,84762 (30%)$300
2020-2188 (44%)$4,625--84 (42%)$1,8694 (2%)$1,381
2021-2289 (45%)$4,842--88 (45%)$2,1614 (2%)$1,550
2022-2375 (35%)$5,480--105 (50%)$3,0485 (2%)$6,200
Average95 (42.67%)$4,64950 (21.00%)$292106 (47.67%)$2,07428 (13.67%)$1,631
*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, 171 (76.33 % of students) get any students loan help and its average loan amount is $171.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-15286 (72%)$8,918280 (70%)$6,61273 (18%)$9,580
2015-16171 (76%)$10,037170 (76%)$7,92342 (19%)$8,795
2016-17137 (61%)$9,870132 (59%)$7,99933 (15%)$8,982
2017-18143 (77%)$8,452141 (76%)$7,15227 (15%)$7,414
2018-19154 (82%)$8,480148 (79%)$7,03729 (16%)$9,120
2019-20172 (83%)$8,257155 (75%)$7,42132 (15%)$8,440
2020-21165 (83%)$10,846149 (75%)$7,02976 (38%)$9,766
2021-22148 (75%)$9,156143 (73%)$7,12842 (21%)$7,994
2022-23166 (78%)$10,063145 (68%)$6,78981 (38%)$8,469
Average171 (76.33%)$9,342163 (72.33%)$7,23248 (21.67%)$8,729

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