The Aveda Institute-Provo reported an 11.8% tuition hike for the 2022-23 school year, based on the most recent disclosure, according to the latest disclosure from the National Center for Education Statistics.
Students paid $19,000 to attend the private for-profit institution this year, which is $2,000 higher than the $17,000 tuition charged during the 2021-22 academic year.
Approximately 70% of the undergraduate students at the school are residents of Utah, while the remaining 30% come from other states.
Data indicates that 53% of full-time undergraduates who enrolled at Aveda Institute-Provo in 2022-23 received some form of student financial aid. A total of 24 students were awarded grants or scholarships amounting to $134,954, and 27 students obtained student loans exceeding $157,017.
Among all undergraduate students, 107 received grants or scholarships totaling $527,009. Additionally, 101 students borrowed a combined total of $576,849 in federal student loans.
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.
The following data includes only full-time students who began an undergraduate program at the the Aveda Institute-Provo in the 2022-23 school year.
| Type of Aid | Number of students awarded aid | Percent awarded aid | Total amount of aid awarded | Average amount of aid per student |
|---|---|---|---|---|
| Federal grants | 24 | 36% | $134,954 | $5,623 |
| State / local grant or scholarship | 0 | 0% | $0 | $0 |
| Institutional grants or scholarships | 0 | 0% | $0 | $0 |
| Grant or scholarship aid total | 24 | 36% | $134,954 | $5,623 |
| Federal student loans | 27 | 41% | $157,017 | $5,815 |
| Other student loans | 0 | 0% | $0 | $0 |
| Student loan aid | 27 | 41% | $157,017 | $5,815 |
| Total student aid | 35 | 53% | $291,971 | $8,342 |
Information in this story was obtained from the National Center for Education Statistics. The source data can be found here.
