It is interesting to note that, every year, around 75% of students at AIP receive some kind of financial aid, while the total amount of assistance/loans provided is $988,323. Notably, a total of 50% of the applicants to Aveda Institute-Portland receive the Federal Grant every year. On the other hand, 50% of the candidates get the Student Grant, while 50% receive the Pell Grant. And, for the Pell Grant awardees, the average aid amount is $4,239. 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. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. Every year, around 65% of the applicants to Aveda Institute-Portland opt for student loans.