The Aveda Arts & Sciences Institute-Baton Rouge reported a 2.7% 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 $500 more than the $18,500 charged during the 2021-22 academic year.
All undergraduate students enrolled at the school are residents of Louisiana.
Data indicates that every full-time undergraduate who began studies at the Aveda Arts & Sciences Institute-Baton Rouge in 2022-23 received some form of financial aid. Specifically, 60 students were awarded grants or scholarships totaling $414,997, while 72 students took out student loans exceeding $815,365.
Across the entire undergraduate body, 171 students received grants or scholarships amounting to $1.3 million. Additionally, 175 students borrowed $1.6 million 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.
| Type of Aid | Number of students awarded aid | Percent awarded aid | Total amount of aid awarded | Average amount of aid per student |
|---|---|---|---|---|
| Federal grants | 56 | 76% | $400,770 | $7,157 |
| State / local grant or scholarship | 0 | 4% | $0 | $0 |
| Institutional grants or scholarships | 5 | 7% | $5,500 | $1,100 |
| Grant or scholarship aid total | 60 | 81% | $414,997 | $6,917 |
| Federal student loans | 67 | 91% | $624,068 | $9,314 |
| Other student loans | 29 | 39% | $191,297 | $6,596 |
| Student loan aid | 72 | 97% | $815,365 | $11,325 |
| Total student aid | 74 | 100% | $1.2 million | $16,626 |
