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

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 93, which is 57.00 % of all undergraduate students. 99 students which is 59.89% of undergraduate students received federal student loans and the average loan amount is $8,681.
For full-time, first-time beginning students (freshmen), 71.22% of students received grants or scholarships and 80% 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-Arkansas since 2013.
For that period, the average number of students who received grants aid/scholarships is 93, which is 57.00 % of all undergraduate students. 99 students which is 59.89% of undergraduate students received federal student loans and the average loan amount is $8,681.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1488 (56%)$3,93685 (54%)$3,619100 (64%)$9,289
2014-1594 (58%)$3,96694 (58%)$3,86597 (60%)$8,787
2015-1695 (61%)$4,83489 (57%)$4,36299 (63%)$9,262
2016-1796 (56%)$4,18793 (54%)$4,101111 (65%)$9,226
2017-1885 (54%)$4,22079 (51%)$4,09588 (56%)$8,928
2018-1984 (56%)$4,95274 (49%)$4,81989 (59%)$8,660
2019-20119 (74%)$4,37982 (51%)$4,96494 (59%)$8,173
2020-2186 (47%)$5,07177 (42%)$5,169105 (57%)$8,111
2021-2294 (51%)$4,84484 (45%)$4,978104 (56%)$7,697
Average93 (57.00%)$4,48884 (51.22%)$4,44199 (59.89%)$8,681

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

For the last 10 years, on average, 32 (71.22 % of students) received grants or scholarships and its average amount is $4,863. It can cover 30.25% of tuition & fees ($16,075).
In addition, 35 (79.78 % of students) students get helped from the students loans (average amount : $9,404).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1424 (77%)$3,80525 (81%)$9,806
2014-1518 (64%)$4,65821 (75%)$9,928
2015-1623 (68%)$4,82828 (82%)$9,530
2016-1730 (64%)$4,62043 (91%)$10,284
2017-1828 (70%)$5,39834 (85%)$10,019
2018-1931 (76%)$5,14331 (76%)$9,172
2019-2046 (94%)$4,79640 (82%)$8,687
2020-2143 (63%)$5,27453 (78%)$8,509
2021-2242 (65%)$5,24144 (68%)$8,699
Average32 (71.22%)$4,86335 (79.78%)$9,404
*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, 27 (63.00 % of students) received Pell (federal) grants and its average amount is $4,952.
In addition, 2 students received State/local government grants/scholarships (3.67 % 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
2013-1424 (77%)$3,805------
2014-1518 (64%)$4,658------
2015-1623 (68%)$4,828------
2016-1730 (64%)$4,620------
2017-1826 (65%)$4,856--2 (5%)$7,59010 (25%)$970
2018-1926 (63%)$5,300--1 (2%)$4,62517 (41%)$1,000
2019-2031 (63%)$5,27735 (71%)$9612 (4%)$2,87912 (24%)$1,467
2020-2135 (51%)$5,6856 (9%)$2,883--9 (13%)$1,167
2021-2234 (52%)$5,5368 (12%)$2,588--11 (17%)$1,018
Average27 (63.00%)$4,95216 (30.67%)$2,1442 (3.67%)$5,03112 (24.00%)$1,124
*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, 35 (79.78 % of students) get any students loan help and its average loan amount is $35.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1425 (81%)$9,80625 (81%)$9,806--
2014-1521 (75%)$9,92821 (75%)$9,928--
2015-1628 (82%)$9,53028 (82%)$9,530--
2016-1743 (91%)$10,28443 (91%)$10,284--
2017-1834 (85%)$10,01934 (85%)$10,019--
2018-1931 (76%)$9,17231 (76%)$9,172--
2019-2040 (82%)$8,68740 (82%)$8,687--
2020-2153 (78%)$8,50953 (78%)$8,509--
2021-2244 (68%)$8,69944 (68%)$8,699--
Average35 (79.78%)$9,40435 (79.78%)$9,404--
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