$4,154

Avg. Federal Grant

$4,695

Avg. Federal Loan

$288,616

Total Aid Awarded

Aveda Institute-Provo Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

39%

Total Aid Amount Average Total Aid Awarded per year.

$288.616K

Financial Aid Official Website

www.avedainstituteprovo.com/affordability/

Notably, 70% of the students at Aveda Institute-Provo get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $607,076. At AIP, the total percentage of applicants who receive the Federal Grant stands at 44%. Meanwhile, 45% of the applicants receive the Student Grant and 2% are awarded the Institution Grant, while 44% of the students get the Pell Grant. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,387. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for 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. At Aveda Institute-Provo, the percentage of candidates who opt to avail of student loans is around 56%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

37%

State Grant Aid

N/A

Institution Grant Aid

N/A

Pell Grant

37%

Average Aid Awarded

Federal Grant Aid

$4,154

State Grant Aid

N/A

Institution Grant Aid

N/A

Pell Grant

$4,154

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$4,087

$30,001 - $48,000

$2,279

$48,001 - $75,000

$166

$75,001 - $110,000

N/A

Over $110,000

N/A

Student Loans for Aveda Institute-Provo

Average Loan Amount Average Loan Amount received per year.

$4,695/Year

Students Taking Out Loans

54%

Loan Default Rate

4%

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