How Paul Mitchell the School-Grand Rapids'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-Grand Rapids since 2013.

For that period, the average number of students who received grants aid/scholarships is 56, which is 40.33 % of all undergraduate students. 63 students which is 45.11% of undergraduate students received federal student loans and the average loan amount is $6,994.

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	16 (19%)	$2,938	13 (16%)	$3,501	17 (20%)	$6,573
2014-15	22 (29%)	$3,425	21 (28%)	$3,577	23 (31%)	$7,641
2015-16	32 (40%)	$4,171	32 (40%)	$4,171	40 (50%)	$6,732
2016-17	55 (43%)	$3,592	55 (43%)	$3,592	63 (49%)	$7,534
2017-18	56 (39%)	$3,793	54 (38%)	$3,878	71 (49%)	$6,655
2018-19	75 (41%)	$3,736	66 (36%)	$4,078	102 (56%)	$6,802
2019-20	121 (65%)	$3,349	70 (37%)	$4,627	100 (53%)	$6,653
2020-21	64 (41%)	$4,733	60 (38%)	$4,699	63 (40%)	$7,066
2021-22	67 (46%)	$5,002	66 (45%)	$5,047	85 (58%)	$7,287
Average	56 (40.33%)	$3,860	49 (35.67%)	$4,130	63 (45.11%)	$6,994

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

Overview

For the last 10 years, on average, 12 (56.86 % of students) received grants or scholarships and its average amount is $4,076. It can cover 22.16% of tuition & fees ($18,395).

In addition, 16 (71.29 % of students) students get helped from the students loans (average amount : $7,769).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	-	-	-	-
2014-15	-	-	-	-
2015-16	10 (71%)	$4,159	12 (86%)	$6,750
2016-17	9 (38%)	$4,295	10 (42%)	$9,045
2017-18	10 (37%)	$3,752	21 (78%)	$7,429
2018-19	8 (31%)	$3,750	15 (58%)	$6,833
2019-20	17 (94%)	$3,227	15 (83%)	$8,400
2020-21	17 (53%)	$4,981	20 (63%)	$8,400
2021-22	14 (74%)	$4,365	17 (89%)	$7,524
Average	12 (56.86%)	$4,076	16 (71.29%)	$7,769

^*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 10 years, on average, 10 (46.00 % of students) received Pell (federal) grants and its average amount is $4,621.

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	-	-	-	-	-	-	-	-
2014-15	-	-	-	-	-	-	-	-
2015-16	10 (71%)	$4,159	-	-	-	-	-	-
2016-17	9 (38%)	$4,295	-	-	-	-	-	-
2017-18	9 (33%)	$4,057	-	-	-	-	1 (4%)	$1,000
2018-19	7 (27%)	$4,000	-	-	-	-	2 (8%)	$1,000
2019-20	8 (44%)	$5,361	16 (89%)	$749	-	-	-	-
2020-21	13 (41%)	$5,853	3 (9%)	$1,200	-	-	5 (16%)	$1,000
2021-22	13 (68%)	$4,624	-	-	-	-	1 (5%)	$1,000
Average	10 (46.00%)	$4,621	10 (49.00%)	$975	-	-	2 (8.25%)	$1,000

^*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 10 years, on average, 16 (71.29 % of students) get any students loan help and its average loan amount is $16.

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	-	-	-	-	-	-
2014-15	-	-	-	-	-	-
2015-16	12 (86%)	$6,750	12 (86%)	$6,750	-	-
2016-17	10 (42%)	$9,045	10 (42%)	$9,045	-	-
2017-18	21 (78%)	$7,429	21 (78%)	$7,429	-	-
2018-19	15 (58%)	$6,833	15 (58%)	$6,833	-	-
2019-20	15 (83%)	$8,400	15 (83%)	$8,400	-	-
2020-21	20 (63%)	$8,400	20 (63%)	$8,400	-	-
2021-22	17 (89%)	$7,524	17 (89%)	$7,524	-	-
Average	16 (71.29%)	$7,769	16 (71.29%)	$7,769	-	-

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

All Undergraduate Students Financial Aid Over Time

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