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

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 56, which is 43.22 % of all undergraduate students. 68 students which is 53.00% of undergraduate students received federal student loans and the average loan amount is $7,347.
For full-time, first-time beginning students (freshmen), 49.75% of students received grants or scholarships and 76% 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-Merrillville since 2013.
For that period, the average number of students who received grants aid/scholarships is 56, which is 43.22 % of all undergraduate students. 68 students which is 53.00% of undergraduate students received federal student loans and the average loan amount is $7,347.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-142 (3%)$5,5372 (3%)$5,5374 (6%)$7,875
2014-1530 (38%)$4,55530 (38%)$4,18744 (56%)$8,060
2015-1649 (49%)$3,88949 (49%)$3,88967 (67%)$8,157
2016-1767 (49%)$3,65566 (48%)$3,66985 (62%)$7,133
2017-1859 (45%)$4,07358 (45%)$3,74271 (55%)$6,952
2018-1949 (36%)$4,97749 (36%)$4,93759 (44%)$6,680
2019-2097 (72%)$3,34859 (44%)$4,51978 (58%)$6,974
2020-2175 (49%)$5,06972 (47%)$5,079106 (70%)$7,446
2021-2279 (48%)$5,10576 (46%)$4,62898 (59%)$6,848
Average56 (43.22%)$4,46851 (39.56%)$4,46568 (53.00%)$7,347

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

For the last 10 years, on average, 16 (49.75 % of students) received grants or scholarships and its average amount is $4,557. It can cover 25.04% of tuition & fees ($18,202).
In addition, 24 (76.00 % of students) students get helped from the students loans (average amount : $7,818).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14----
2014-1515 (38%)$4,00326 (67%)$9,218
2015-1610 (40%)$4,31121 (84%)$8,805
2016-178 (36%)$3,89319 (86%)$7,909
2017-189 (41%)$4,38913 (59%)$6,833
2018-1912 (52%)$5,39115 (65%)$6,922
2019-2029 (88%)$3,61625 (76%)$7,790
2020-2122 (55%)$5,12335 (88%)$7,333
2021-2222 (48%)$5,73238 (83%)$7,737
Average16 (49.75%)$4,55724 (76.00%)$7,818
*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, 14 (44.63 % of students) received Pell (federal) grants and its average amount is $4,647.
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
2013-14--------
2014-1515 (38%)$4,003------
2015-1610 (40%)$4,311------
2016-177 (32%)$4,056----1 (5%)$2,750
2017-189 (41%)$4,389------
2018-1912 (52%)$5,391------
2019-2018 (55%)$4,68925 (76%)$819----
2020-2121 (53%)$5,3191 (3%)$1,000----
2021-2221 (46%)$5,016----2 (4%)$10,385
Average14 (44.63%)$4,64713 (39.50%)$910--2 (4.50%)$6,568
*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, 24 (76.00 % of students) get any students loan help and its average loan amount is $24.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14------
2014-1526 (67%)$9,21826 (67%)$9,218--
2015-1621 (84%)$8,80521 (84%)$8,7541 (4%)$1,071
2016-1719 (86%)$7,90919 (86%)$7,909--
2017-1813 (59%)$6,83313 (59%)$6,833--
2018-1915 (65%)$6,92215 (65%)$6,922--
2019-2025 (76%)$7,79025 (76%)$7,790--
2020-2135 (88%)$7,33335 (88%)$7,333--
2021-2238 (83%)$7,73738 (83%)$7,737--
Average24 (76.00%)$7,81824 (76.00%)$7,8121 (4.00%)$1,071
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