How Paul Mitchell the School-Rapid City'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-Rapid City since 2013.

For that period, the average number of students who received grants aid/scholarships is 89, which is 65.78 % of all undergraduate students. 69 students which is 50.89% of undergraduate students received federal student loans and the average loan amount is $7,051.

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	63 (45%)	$3,718	53 (38%)	$3,986	59 (42%)	$6,719
2014-15	62 (46%)	$3,904	59 (44%)	$3,945	62 (46%)	$6,702
2015-16	107 (83%)	$3,521	84 (65%)	$3,776	74 (57%)	$6,508
2016-17	98 (82%)	$3,344	65 (54%)	$3,754	72 (60%)	$7,592
2017-18	111 (74%)	$3,164	70 (47%)	$3,813	74 (49%)	$6,787
2018-19	97 (79%)	$4,620	81 (66%)	$4,522	64 (52%)	$8,325
2019-20	85 (54%)	$4,939	66 (42%)	$3,670	62 (40%)	$7,380
2020-21	80 (63%)	$4,381	63 (49%)	$4,806	85 (66%)	$7,193
2021-22	96 (66%)	$4,009	64 (44%)	$4,364	66 (46%)	$6,257
Average	89 (65.78%)	$3,956	67 (49.89%)	$4,071	69 (50.89%)	$7,051

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

Overview

For the last 10 years, on average, 30 (79.78 % of students) received grants or scholarships and its average amount is $3,862. It can cover 24.52% of tuition & fees ($15,750).

In addition, 26 (70.11 % of students) students get helped from the students loans (average amount : $6,285).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	35 (71%)	$4,042	35 (71%)	$6,235
2014-15	29 (69%)	$4,302	31 (74%)	$6,561
2015-16	37 (84%)	$3,682	23 (52%)	$5,537
2016-17	31 (94%)	$3,231	26 (79%)	$5,889
2017-18	39 (85%)	$3,009	26 (57%)	$5,605
2018-19	28 (88%)	$3,810	20 (63%)	$6,436
2019-20	20 (83%)	$4,975	19 (79%)	$6,678
2020-21	21 (68%)	$4,795	29 (94%)	$7,574
2021-22	28 (76%)	$2,912	23 (62%)	$6,047
Average	30 (79.78%)	$3,862	26 (70.11%)	$6,285

^*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, 22 (57.44 % of students) received Pell (federal) grants and its average amount is $4,099.

In addition, 6 students received State/local government grants/scholarships (18.00 % 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 (59%)	$4,248	-	-	5 (10%)	$2,438	8 (16%)	$763
2014-15	28 (67%)	$4,244	-	-	2 (5%)	$1,733	4 (10%)	$620
2015-16	29 (66%)	$3,874	-	-	4 (9%)	$2,862	17 (39%)	$731
2016-17	18 (55%)	$3,721	-	-	8 (24%)	$1,467	25 (76%)	$858
2017-18	22 (48%)	$3,958	-	-	9 (20%)	$1,247	32 (70%)	$595
2018-19	25 (78%)	$3,707	-	-	8 (25%)	$763	12 (38%)	$657
2019-20	13 (54%)	$3,721	14 (58%)	$1,756	8 (33%)	$1,554	11 (46%)	$1,283
2020-21	18 (58%)	$5,261	-	-	-	-	7 (23%)	$857
2021-22	12 (32%)	$4,161	21 (57%)	$1,362	-	-	4 (11%)	$750
Average	22 (57.44%)	$4,099	18 (57.50%)	$1,559	6 (18.00%)	$1,723	13 (36.56%)	$790

^*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, 26 (70.11 % of students) get any students loan help and its average loan amount is $26.

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	35 (71%)	$6,235	35 (71%)	$6,235	-	-
2014-15	31 (74%)	$6,561	31 (74%)	$6,561	-	-
2015-16	23 (52%)	$5,537	23 (52%)	$5,537	-	-
2016-17	26 (79%)	$5,889	26 (79%)	$5,889	-	-
2017-18	26 (57%)	$5,605	26 (57%)	$5,605	-	-
2018-19	20 (63%)	$6,436	20 (63%)	$6,436	-	-
2019-20	19 (79%)	$6,678	19 (79%)	$6,678	-	-
2020-21	29 (94%)	$7,574	29 (94%)	$7,574	-	-
2021-22	23 (62%)	$6,047	23 (62%)	$6,047	-	-
Average	26 (70.11%)	$6,285	26 (70.11%)	$6,285	-	-

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

All Undergraduate Students Financial Aid Over Time

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