$4,682

Avg. Federal Grant

$9,125

Avg. Federal Loan

$266,463

Total Aid Awarded

Aveda Institute-Madison Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

41%

Total Aid Amount Average Total Aid Awarded per year.

$266.463K

Financial Aid Official Website

N/A

It is interesting to note that, every year, around 70% of students at AIM receive some kind of financial aid, while the total amount of assistance/loans provided is $1,033,607. The total percentage of candidates applying to Aveda Institute-Madison who receive the Federal Grant is 30%. On the other hand, 30% of the candidates get the Student Grant, while 30% receive the Pell Grant. On the other hand, the average aid received by the Pell Grant awardees is $4,685. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for 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. At AIM, an estimated number of 64% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

36%

State Grant Aid

N/A

Institution Grant Aid

N/A

Pell Grant

36%

Average Aid Awarded

Federal Grant Aid

$4,682

State Grant Aid

N/A

Institution Grant Aid

N/A

Pell Grant

$4,682

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$7,408

$30,001 - $48,000

N/A

$48,001 - $75,000

$2,506

$75,001 - $110,000

N/A

Over $110,000

N/A

Student Loans for Aveda Institute-Madison

Average Loan Amount Average Loan Amount received per year.

$9,125/Year

Students Taking Out Loans

60%

Loan Default Rate

N/A

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