The Aveda Institute-Chapel Hill reported a 0.4% decline in tuition fees 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 enrolled in the private for-profit institution paid $22,989 this year, which is $99 less than the $23,088 charged during the 2021-22 academic year.
Approximately 86% of the undergraduate students at the school are residents of North Carolina, while about 14% come from other states.
Data indicates that 82% of full-time undergraduates who began their studies at the Aveda Institute-Chapel Hill in 2022-23 received some form of financial aid. Specifically, 38 students were awarded grants or scholarships totaling $176,381, and 49 students borrowed more than $345,193 in student loans.
Across the entire undergraduate body, 161 students received grants or scholarships amounting to $698,538. Additionally, 166 students secured federal student loans totaling $1.2 million.
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 | 38 | 58% | $176,381 | $4,642 |
| State / local grant or scholarship | 0 | 0% | $0 | $0 |
| Institutional grants or scholarships | 0 | 0% | $0 | $0 |
| Grant or scholarship aid total | 38 | 58% | $176,381 | $4,642 |
| Federal student loans | 49 | 75% | $345,193 | $7,045 |
| Other student loans | 0 | 0% | $0 | $0 |
| Student loan aid | 49 | 75% | $345,193 | $7,045 |
| Total student aid | 53 | 82% | $521,574 | $9,841 |
