Tuition at the Aveda Institute-Maryland rose by 13.5% for the 2022-23 school year, according to the most recent disclosure, according to the latest disclosure from the National Center for Education Statistics.
Students paid $10,914 to attend the private, for-profit institution this year, an increase of $514 from the $10,400 charged during the 2021-22 academic year.
Approximately 83% of the undergraduate student body at the school are Maryland residents, while around 17% come from other states.
Data indicates that 81% of full-time undergraduates who enrolled at the Aveda Institute-Maryland in 2022-23 received some form of student financial aid. A total of 28 students were awarded grants or scholarships amounting to $163,946, and 38 students borrowed student loans exceeding $162,974.
Among all undergraduates, 91 students received grants or scholarships totaling $505,583. Additionally, 91 students took out federal student loans totaling $505,673.
Undergraduate education costs have seen a significant increase over the past few decades. Data shows a 169% rise in the average total cost, including tuition, fees, room, and board, between 1980 and 2020.
According to a 2023 College Board report, in-state students at public universities paid an average of $11,260, while out-of-state students paid $29,150 in the 2023-24 academic year.
Meanwhile, student loan debt has steadily increased over the last 30 years, reaching $1.75 trillion in 2024, averaging a total of $28,950 per borrower. Federal loans make up 92% of the debt, with over half of students at both public and private four-year colleges graduating with student loans.
Available data sometimes exceeds 100% due to rounding and administrative calculations.
| Type of Aid | Number of students awarded aid | Percent awarded aid | Total amount of aid awarded | Average amount of aid per student |
|---|---|---|---|---|
| Federal grants | 28 | 58% | $163,446 | $5,837 |
| State / local grant or scholarship | 0 | 2% | $0 | $0 |
| Institutional grants or scholarships | 0 | 0% | $0 | $0 |
| Grant or scholarship aid total | 28 | 58% | $163,946 | $5,855 |
| Federal student loans | 38 | 79% | $162,974 | $4,289 |
| Other student loans | 0 | 0% | $0 | $0 |
| Student loan aid | 38 | 79% | $162,974 | $4,289 |
| Total student aid | 39 | 81% | $326,920 | $8,382 |
