$5,867

Avg. Federal Grant

$8,581

Avg. Federal Loan

$900,605

Total Aid Awarded

Aveda Institute South Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

70%

Total Aid Amount Average Total Aid Awarded per year.

$900.605K

Financial Aid Official Website

aisouth.com

As many as 95% of the students at AASIBR get some sort of financial aid, and the total amount of assistance/loans provided is more than $1,065,567 in a year. At AASIBR, the total percentage of applicants who receive the Federal Grant stands at 75%. In comparison, 80% of the students are awarded the Student Grant, 5% get the Institution Grant, and 75% of the applicants receive the Pell Grant. And, for the Pell Grant awardees, the average aid amount is $5,932. 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. However, student loans attract a certain rate of interest at which the funds are borrowed. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. Every year, around 95% of the applicants to Aveda Arts & Sciences Institute-Baton Rouge opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

81%

State Grant Aid

2%

Institution Grant Aid

2%

Pell Grant

81%

Average Aid Awarded

Federal Grant Aid

$5,867

State Grant Aid

$2,380

Institution Grant Aid

$1,000

Pell Grant

$5,867

As shown in the table the breakdown includes Federal Grants, Pell Grants and institutional grants with both federal and pell grants having a percentage contribution of 59% with an average aid amount being $5288.

Institutional grants have a percentage of 2% with an average aid amount of $1800. No sufficient data is available for state grant percentage and the average aid. Refer to the official website for more information.

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$6,244

$30,001 - $48,000

$4,264

$48,001 - $75,000

$1,438

$75,001 - $110,000

N/A

Over $110,000

N/A

As shown in the table lower the family income higher is the amount of aid one can expect to receive. For those students who have a family income under $30,000 can expect to receive an aid amount of $4482 while those with family income between $30,001 and $48,000 can expect to receive an aid amount of $,3714. No sufficient information is available for students who fall under the family income over $48,001. Please refer to the official website for the more information. This helps students who are coming from low-income homes to pay for their degree.

Student Loans for Aveda Institute South

Average Loan Amount Average Loan Amount received per year.

$9,783/Year

Students Taking Out Loans

98%

Loan Default Rate

22.5%

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