by our College Data Analytics TeamMost students will not be asked to pay the full, advertised sticker price of a school. Instead, they will be given a financial aid offer that will include a combination of scholarships, grants, loans, and work-study. The sum total of attendance at Aveda Institute - Chapel Hill can sound overpowering, but remember that the majority of students get some type of financial assistance.
What financial assistance options will Aveda Institute - Chapel Hill offer you, and what will you qualify for? Read on for more information. Read on to find out just how much financial aid will be open to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. Use the information below to understand how much financial assistance you may get from Aveda Institute - Chapel Hill.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
Among first-time, full-time freshmen at Aveda Institute - Chapel Hill, 82% of first-time, full-time freshmen received some form of financial aid approximately 54 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 59% | $5,340 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 59% | $5,160 |
| State/local grants | 0% | — |
| Federal student loans | 76% | $6,590 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. Across the undergraduate body at Aveda Institute - Chapel Hill, some 45% of the undergraduate population received grant aid that averaged $4,976 (for some 134 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 45% | $4,976 |
| Federal Pell grants | 45% | $4,749 |
| Federal student loans | 49% | $6,551 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $4,510.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $21,335 |
| $30,001 – $75,000 | $17,300 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
The net price strips out grant and scholarship aid from the sticker price to show roughly what families really pay.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $20,736 |
| Off-campus title-IV students | $21,152 |
To project your own net price, use Aveda Institute - Chapel Hill’s net price tool: static.avedafi.edu/net-price-calculator/AICH/npcalc.html.
A typical borrower at Aveda Institute - Chapel Hill leaves with $6,333 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $6,333 |
| Median federal debt (graduates only) | $6,333 |
| Typical 10-year monthly payment (graduates) | $67.14/mo |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. The figures below chart the debt distribution at Aveda Institute - Chapel Hill.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,167 |
| 25th percentile | $4,750 |
| 75th percentile | $12,500 |
| 90th percentile (highest-debt students) | $16,500 |
Median debt varies by family income, by first-generation status, and by dependency status.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $6,333 |
| Middle income | $6,333 |
| High income | $6,333 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $6,333 |
| Continuing-generation students | $6,333 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $6,333 |
| Independent students | $6,333 |
The figure below distills the debt data into a single burden category for Aveda Institute - Chapel Hill.
Stafford loans are the federal government’s primary direct undergraduate lending program. Below is the annual Stafford program activity at Aveda Institute - Chapel Hill:
| Metric | Value |
|---|---|
| Stafford loan recipients | 1866 |
| Total Stafford loan amount | $17,181,040 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 10 |
| Total GI Bill amount | $185,801 |
| Average GI Bill amount per recipient | $18,580 |
References
More about our data sources and methodologies.