$5,170

Avg. Federal Grant

$8,793

Avg. Federal Loan

$575,434

Total Aid Awarded

Aveda Fredrics Institute Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

35%

Total Aid Amount Average Total Aid Awarded per year.

$575.434K

Financial Aid Official Website

www.avedafi.edu/financial-assistance/

Notably, 72% of the students at Aveda Fredric's Institute-Cincinnati get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $1,319,319. The total percentage of candidates applying to Aveda Fredric's Institute-Cincinnati who receive the Federal Grant is 41%. Meanwhile, 41% of the applicants receive the Student Grant, while 41% of the students get the Pell Grant. On the other hand, the average aid received by the Pell Grant awardees is $3,973. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. Moreover, the funds received through these loans will have to be repaid within a given timeframe. Every year, around 59% of the applicants to Aveda Fredric's Institute-Cincinnati opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

34%

State Grant Aid

N/A

Institution Grant Aid

N/A

Pell Grant

34%

Average Aid Awarded

Federal Grant Aid

$5,170

State Grant Aid

N/A

Institution Grant Aid

N/A

Pell Grant

$5,170

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$5,482

$30,001 - $48,000

N/A

$48,001 - $75,000

$2,276

$75,001 - $110,000

$97

Over $110,000

N/A

Student Loans for Aveda Fredrics Institute

Average Loan Amount Average Loan Amount received per year.

$9,170/Year

Students Taking Out Loans

76%

Loan Default Rate

5%

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