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Friday, April 26, 2024

Cost of college went up for all students at Aveda Institute-Chicago

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Tuition and fees rose 3.4 percent for 2017-18 at Aveda Institute-Chicago, according to the latest disclosure from the U.S. Department of Education.

Illinois students paid $21,100 to attend the private for-profit school this year $700 more than the $20,400 charged for 2016-17.

Data shows 95 percent of full-time undergraduates who started school in 2015-16 received student financial aid in some form. In all, 55 students received grants or scholarships totaling $231,251 and 68 students took out student loans totaling more than $625,166.

Including all undergraduates, 151 students used grants or scholarships totaling $607,989. Another 165 took out $1.29 million in federal student loans.

The cost of attending
Enrollment
2014-15
2015-16
2016-17
2017-18
Change in tuition and fees 2014-15 to 2017-18
~120
$19,900
$19,900
$20,400
$21,100
6%

Undergraduate financial aid
The following data includes only full-time students who began an undergraduate program at the Aveda Institute-Chicago in 2015-16.
Type of Aid
Number of students receiving aid
Percent receiving aid
Total amount of aid received
Average amount of aid per student
Federal grants
49
62%
$202,251
$4,128
State / local grant or scholarship
0
0%
$0
Institutional grants or scholarships
8
10%
$29,000
$3,625
Grant or scholarship aid total
55
70%
$231,251
$4,205
Federal student loans
68
86%
$595,275
$8,754
Other student loans
3
4%
$29,891
$9,964
Student loan aid
68
86%
$625,166
$9,194
Total student aid
75
95%

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