Scholarships, Grants, and Loan Trends at PMTX-Austin

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 146, which is 53.78 % of all undergraduate students. 138 students which is 50.78% of undergraduate students received federal student loans and the average loan amount is $7,807.
For full-time, first-time beginning students (freshmen), 63.11% of students received grants or scholarships and 73% 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-Austin since 2013.
For that period, the average number of students who received grants aid/scholarships is 146, which is 53.78 % of all undergraduate students. 138 students which is 50.78% of undergraduate students received federal student loans and the average loan amount is $7,807.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14154 (61%)$4,430141 (56%)$3,402135 (54%)$9,095
2014-15151 (55%)$3,787140 (51%)$3,844143 (52%)$8,614
2015-16138 (50%)$4,048137 (50%)$4,025149 (54%)$7,753
2016-17108 (41%)$4,165106 (40%)$4,155127 (48%)$8,141
2017-18122 (50%)$4,071118 (48%)$4,036125 (51%)$8,027
2018-19108 (47%)$4,16096 (42%)$4,162105 (46%)$7,852
2019-20170 (70%)$4,314115 (47%)$4,795125 (51%)$7,618
2020-21167 (53%)$4,792160 (51%)$4,484156 (50%)$7,307
2021-22197 (57%)$5,864156 (45%)$4,502178 (51%)$5,853
Average146 (53.78%)$4,403130 (47.78%)$4,156138 (50.78%)$7,807

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

For the last 10 years, on average, 33 (63.11 % of students) received grants or scholarships and its average amount is $4,495. It can cover 33.05% of tuition & fees ($13,600).
In addition, 38 (72.67 % of students) students get helped from the students loans (average amount : $8,219).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1419 (48%)$3,59028 (70%)$9,861
2014-1525 (64%)$4,06825 (64%)$9,309
2015-1623 (56%)$4,53631 (76%)$9,439
2016-1728 (60%)$4,34434 (72%)$8,731
2017-1827 (55%)$4,39037 (76%)$8,413
2018-1924 (53%)$3,90331 (69%)$7,075
2019-2051 (93%)$5,18046 (84%)$7,104
2020-2153 (75%)$5,22556 (79%)$6,843
2021-2250 (64%)$5,21950 (64%)$7,192
Average33 (63.11%)$4,49538 (72.67%)$8,219
*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, 31 (58.33 % of students) received Pell (federal) grants and its average amount is $4,586.
In addition, 2 students received State/local government grants/scholarships (2.75 % 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
2013-1419 (48%)$3,590------
2014-1525 (64%)$4,068------
2015-1623 (56%)$4,536------
2016-1728 (60%)$4,344------
2017-1824 (49%)$4,775--2 (4%)$1,3752 (4%)$600
2018-1920 (44%)$4,553--1 (2%)$1003 (7%)$833
2019-2040 (73%)$5,23935 (64%)$8342 (4%)$3,00014 (25%)$1,388
2020-2152 (73%)$5,083--1 (1%)$3,3903 (4%)$3,072
2021-2245 (58%)$5,08213 (17%)$2,480----
Average31 (58.33%)$4,58624 (40.50%)$1,6572 (2.75%)$1,9666 (10.00%)$1,473
*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, 38 (72.67 % of students) get any students loan help and its average loan amount is $38.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1428 (70%)$9,86128 (70%)$9,861--
2014-1525 (64%)$9,30925 (64%)$9,309--
2015-1631 (76%)$9,43931 (76%)$9,439--
2016-1734 (72%)$8,73134 (72%)$8,731--
2017-1837 (76%)$8,41337 (76%)$8,413--
2018-1931 (69%)$7,07531 (69%)$7,075--
2019-2046 (84%)$7,10446 (84%)$7,104--
2020-2156 (79%)$6,84356 (79%)$6,843--
2021-2250 (64%)$7,19250 (64%)$7,192--
Average38 (72.67%)$8,21938 (72.67%)$8,219--
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