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

Over the past 6 years (2013-2018), the average number of students who received grants aid/scholarships is 32, which is 41.40 % of all undergraduate students. 33 students which is 43.00% of undergraduate students received federal student loans and the average loan amount is $7,856.

For full-time, first-time beginning students (freshmen), 44.50% of students received grants or scholarships and 61% of students received student loans.

School Home 2023 Financial Aid

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-Lansing since 2013.

For that period, the average number of students who received grants aid/scholarships is 32, which is 41.40 % of all undergraduate students. 33 students which is 43.00% of undergraduate students received federal student loans and the average loan amount is $7,856.

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	13 (23%)	$3,699	13 (23%)	$3,699	10 (18%)	$6,697
2014-15	25 (42%)	$3,953	25 (42%)	$3,953	32 (54%)	$8,129
2015-16	42 (54%)	$4,408	42 (54%)	$4,408	43 (55%)	$8,506
2016-17	47 (47%)	$4,032	47 (47%)	$4,032	43 (43%)	$7,280
2017-18	33 (41%)	$4,492	33 (41%)	$4,492	36 (45%)	$8,666
Average	32 (41.40%)	$4,117	32 (41.40%)	$4,117	33 (43.00%)	$7,856

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

Overview

For the last 6 years, on average, 4 (44.50 % of students) received grants or scholarships and its average amount is $4,640. It can cover 29.46% of tuition & fees ($15,750).

In addition, 4 (61.40 % of students) students get helped from the students loans (average amount : $7,544).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	2 (29%)	$2,759	6 (86%)	$9,264
2014-15	-	-	3 (75%)	$7,347
2015-16	2 (33%)	$5,750	3 (50%)	$6,167
2016-17	6 (60%)	$4,812	4 (40%)	$7,042
2017-18	5 (56%)	$5,238	5 (56%)	$7,900
Average	4 (44.50%)	$4,640	4 (61.40%)	$7,544

^*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 6 years, on average, 4 (44.50 % of students) received Pell (federal) grants and its average amount is $4,640.

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	2 (29%)	$2,759	-	-	-	-	-	-
2014-15	-	-	-	-	-	-	-	-
2015-16	2 (33%)	$5,750	-	-	-	-	-	-
2016-17	6 (60%)	$4,812	-	-	-	-	-	-
2017-18	5 (56%)	$5,238	-	-	-	-	-	-
Average	4 (44.50%)	$4,640	-	-	-	-	-	-

^*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 6 years, on average, 4 (61.40 % of students) get any students loan help and its average loan amount is $4.

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	6 (86%)	$9,264	3 (43%)	$6,833	3 (43%)	$11,695
2014-15	3 (75%)	$7,347	3 (75%)	$7,347	-	-
2015-16	3 (50%)	$6,167	3 (50%)	$6,167	-	-
2016-17	4 (40%)	$7,042	4 (40%)	$7,042	-	-
2017-18	5 (56%)	$7,900	5 (56%)	$7,900	-	-
Average	4 (61.40%)	$7,544	4 (52.80%)	$7,058	3 (43.00%)	$11,695

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