It is interesting to note that, every year, around 79% of students at AIT receive some kind of financial aid, while the total amount of assistance/loans provided is $926,562. Notably, a total of 52% of the applicants to Aveda Institute-Tucson receive the Federal Grant every year. In comparison, 52% of the students get the Student Grant, and 52% of the applicants receive the Pell Grant. And, for the Pell Grant awardees, the average aid amount is $4,901. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. 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. Candidates are also required to repay these loans within a given period. At Aveda Institute-Tucson, the percentage of candidates who opt to avail of student loans is around 74%.