How Paul Mitchell the School-NYC's Financial Aid Changes

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Paul Mitchell the School-NYC since 2013.

For that period, the average number of students who received grants aid/scholarships is 62, which is 57.20 % of all undergraduate students. 56 students which is 49.10% of undergraduate students received federal student loans and the average loan amount is $6,890.

Year	Grant or Scholarship^*		Pell Grants		Federal Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	88 (48%)	$3,656	86 (47%)	$3,325	91 (50%)	$6,244
2014-15	65 (46%)	$4,785	63 (45%)	$4,343	61 (43%)	$7,883
2015-16	96 (71%)	$6,201	73 (54%)	$4,516	81 (60%)	$7,069
2016-17	84 (60%)	$6,243	68 (48%)	$4,403	68 (48%)	$6,928
2017-18	71 (55%)	$4,834	67 (52%)	$4,569	62 (48%)	$7,732
2018-19	57 (62%)	$4,342	57 (62%)	$4,342	47 (51%)	$7,497
2019-20	43 (80%)	$5,116	36 (67%)	$4,593	23 (43%)	$6,266
2020-21	31 (55%)	$3,059	20 (36%)	$4,558	21 (38%)	$7,760
2021-22	46 (55%)	$5,083	46 (55%)	$5,083	51 (61%)	$6,610
2022-23	41 (40%)	$4,628	39 (38%)	$4,493	50 (49%)	$4,911
Average	62 (57.20%)	$4,795	56 (50.40%)	$4,423	56 (49.10%)	$6,890

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

Overview

For the last 11 years, on average, 18 (62.10 % of students) received grants or scholarships and its average amount is $5,375. It can cover 36.81% of tuition & fees ($14,600).

In addition, 23 (75.40 % of students) students get helped from the students loans (average amount : $6,911).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	29 (71%)	$4,553	36 (88%)	$7,714
2014-15	16 (70%)	$4,837	15 (65%)	$7,203
2015-16	29 (73%)	$4,536	37 (93%)	$7,155
2016-17	27 (68%)	$5,222	34 (85%)	$6,609
2017-18	23 (68%)	$5,442	26 (76%)	$7,404
2018-19	15 (60%)	$5,758	23 (92%)	$6,809
2019-20	12 (92%)	$5,914	8 (62%)	$6,261
2020-21	5 (38%)	$4,925	8 (62%)	$6,416
2021-22	13 (52%)	$5,980	19 (76%)	$6,839
2022-23	12 (29%)	$6,578	23 (55%)	$6,698
Average	18 (62.10%)	$5,375	23 (75.40%)	$6,911

^*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.

^**percentage of number of students receiving aids among all undergraduate students.

Grants/Scholarship

The following table shows the trends of grants or scholarships over time. For the last 11 years, on average, 18 (59.80 % of students) received Pell (federal) grants and its average amount is $5,333.

In addition, 1 students received State/local government grants/scholarships (3.00 % of students).

Year	Federal (Pell) Grants		Other Federal		State/Local government		Institutional
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	29 (71%)	$4,553	-	-	-	-	-	-
2014-15	16 (70%)	$4,837	-	-	-	-	-	-
2015-16	29 (73%)	$4,536	-	-	-	-	-	-
2016-17	27 (68%)	$5,222	-	-	-	-	-	-
2017-18	23 (68%)	$4,961	-	-	1 (3%)	$11,057	-	-
2018-19	15 (60%)	$5,758	-	-	-	-	-	-
2019-20	9 (69%)	$5,978	10 (77%)	$1,716	-	-	-	-
2020-21	5 (38%)	$4,925	-	-	-	-	-	-
2021-22	13 (52%)	$5,980	-	-	-	-	-	-
2022-23	12 (29%)	$6,578	-	-	-	-	-	-
Average	18 (59.80%)	$5,333	10 (77.00%)	$1,716	1 (3.00%)	$11,057	-	-

^*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.

^**percentage of number of students receiving aids among all undergraduate students..

Student Loans

The following table describes number of students and average amount of loans by loan type. The following table shows the trends of grants or scholarships over time.

For the last 11 years, on average, 23 (75.40 % of students) get any students loan help and its average loan amount is $23.

Year	Total		Federal student loans		Other student loans
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	36 (88%)	$7,714	36 (88%)	$7,714	-	-
2014-15	15 (65%)	$7,203	15 (65%)	$7,203	-	-
2015-16	37 (93%)	$7,155	37 (93%)	$7,155	-	-
2016-17	34 (85%)	$6,609	34 (85%)	$6,609	-	-
2017-18	26 (76%)	$7,404	26 (76%)	$7,404	-	-
2018-19	23 (92%)	$6,809	23 (92%)	$6,809	-	-
2019-20	8 (62%)	$6,261	8 (62%)	$6,261	-	-
2020-21	8 (62%)	$6,416	8 (62%)	$6,416	-	-
2021-22	19 (76%)	$6,839	19 (76%)	$6,839	-	-
2022-23	23 (55%)	$6,698	21 (50%)	$6,907	2 (5%)	$4,500
Average	23 (75.40%)	$6,911	23 (74.90%)	$6,932	2 (5.00%)	$4,500

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Scholarships, Grants, and Loan Trends at Paul Mitchell the School-NYC

All Undergraduate Students Financial Aid Over Time

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time