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

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 65, which is 59.11 % of all undergraduate students. 56 students which is 49.11% of undergraduate students received federal student loans and the average loan amount is $7,110.
For full-time, first-time beginning students (freshmen), 65.78% of students received grants or scholarships and 78% of students received student loans.

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 65, which is 59.11 % of all undergraduate students. 56 students which is 49.11% of undergraduate students received federal student loans and the average loan amount is $7,110.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1488 (48%)$3,65686 (47%)$3,32591 (50%)$6,244
2014-1565 (46%)$4,78563 (45%)$4,34361 (43%)$7,883
2015-1696 (71%)$6,20173 (54%)$4,51681 (60%)$7,069
2016-1784 (60%)$6,24368 (48%)$4,40368 (48%)$6,928
2017-1871 (55%)$4,83467 (52%)$4,56962 (48%)$7,732
2018-1957 (62%)$4,34257 (62%)$4,34247 (51%)$7,497
2019-2043 (80%)$5,11636 (67%)$4,59323 (43%)$6,266
2020-2131 (55%)$3,05920 (36%)$4,55821 (38%)$7,760
2021-2246 (55%)$5,08346 (55%)$5,08351 (61%)$6,610
Average65 (59.11%)$4,81357 (51.78%)$4,41556 (49.11%)$7,110

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

For the last 10 years, on average, 19 (65.78 % of students) received grants or scholarships and its average amount is $5,241. It can cover 35.90% of tuition & fees ($14,600).
In addition, 23 (77.67 % of students) students get helped from the students loans (average amount : $6,934).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1429 (71%)$4,55336 (88%)$7,714
2014-1516 (70%)$4,83715 (65%)$7,203
2015-1629 (73%)$4,53637 (93%)$7,155
2016-1727 (68%)$5,22234 (85%)$6,609
2017-1823 (68%)$5,44226 (76%)$7,404
2018-1915 (60%)$5,75823 (92%)$6,809
2019-2012 (92%)$5,9148 (62%)$6,261
2020-215 (38%)$4,9258 (62%)$6,416
2021-2213 (52%)$5,98019 (76%)$6,839
Average19 (65.78%)$5,24123 (77.67%)$6,934
*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.
The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 18 (63.22 % of students) received Pell (federal) grants and its average amount is $5,194.
In addition, 1 students received State/local government grants/scholarships (3.00 % of students).
Year Federal (Pell) GrantsOther Federal State/Local governmentInstitutional
Number Received (percent)Average AmountNumber Received (percent)Average Amount Number Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1429 (71%)$4,553------
2014-1516 (70%)$4,837------
2015-1629 (73%)$4,536------
2016-1727 (68%)$5,222------
2017-1823 (68%)$4,961--1 (3%)$11,057--
2018-1915 (60%)$5,758------
2019-209 (69%)$5,97810 (77%)$1,716----
2020-215 (38%)$4,925------
2021-2213 (52%)$5,980------
Average18 (63.22%)$5,19410 (77.00%)$1,7161 (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..
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 10 years, on average, 23 (77.67 % of students) get any students loan help and its average loan amount is $23.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1436 (88%)$7,71436 (88%)$7,714--
2014-1515 (65%)$7,20315 (65%)$7,203--
2015-1637 (93%)$7,15537 (93%)$7,155--
2016-1734 (85%)$6,60934 (85%)$6,609--
2017-1826 (76%)$7,40426 (76%)$7,404--
2018-1923 (92%)$6,80923 (92%)$6,809--
2019-208 (62%)$6,2618 (62%)$6,261--
2020-218 (62%)$6,4168 (62%)$6,416--
2021-2219 (76%)$6,83919 (76%)$6,839--
Average23 (77.67%)$6,93423 (77.67%)$6,934--
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