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

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 254, which is 60.56 % of all undergraduate students. 238 students which is 56.56% of undergraduate students received federal student loans and the average loan amount is $8,905.
For full-time, first-time beginning students (freshmen), 71.89% of students received grants or scholarships and 82% 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-Las Vegas since 2013.
For that period, the average number of students who received grants aid/scholarships is 254, which is 60.56 % of all undergraduate students. 238 students which is 56.56% of undergraduate students received federal student loans and the average loan amount is $8,905.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14210 (53%)$3,879209 (53%)$3,806225 (57%)$9,322
2014-15239 (58%)$4,619234 (57%)$4,355253 (61%)$8,951
2015-16261 (59%)$5,015253 (57%)$4,495265 (60%)$9,323
2016-17281 (60%)$4,510270 (58%)$4,285268 (57%)$8,633
2017-18271 (60%)$4,816262 (58%)$4,449265 (59%)$8,139
2018-19226 (55%)$4,808218 (53%)$4,773226 (55%)$9,191
2019-20259 (67%)$4,447187 (48%)$4,767199 (51%)$8,905
2020-21264 (64%)$5,076207 (50%)$5,129243 (59%)$9,430
2021-22275 (69%)$5,019200 (51%)$4,696198 (50%)$8,250
Average254 (60.56%)$4,688227 (53.89%)$4,528238 (56.56%)$8,905

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

For the last 10 years, on average, 47 (71.89 % of students) received grants or scholarships and its average amount is $4,657. It can cover 22.17% of tuition & fees ($21,005).
In addition, 56 (81.67 % of students) students get helped from the students loans (average amount : $9,922).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1462 (67%)$3,96879 (85%)$10,105
2014-1545 (63%)$4,44258 (82%)$11,147
2015-1663 (62%)$4,44486 (85%)$9,952
2016-1757 (63%)$4,47174 (81%)$10,836
2017-1862 (78%)$4,84665 (81%)$9,478
2018-1945 (63%)$5,38556 (78%)$9,707
2019-2039 (87%)$4,32034 (76%)$8,569
2020-2134 (85%)$5,12933 (83%)$9,554
2021-2215 (79%)$4,90716 (84%)$9,950
Average47 (71.89%)$4,65756 (81.67%)$9,922
*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, 43 (62.89 % of students) received Pell (federal) grants and its average amount is $4,740.
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
2013-1462 (67%)$3,968------
2014-1545 (63%)$4,442------
2015-1661 (60%)$4,422----3 (3%)$3,427
2016-1753 (58%)$4,515----4 (4%)$3,890
2017-1860 (75%)$4,882----3 (4%)$2,500
2018-1944 (61%)$5,394----2 (3%)$2,500
2019-2025 (56%)$4,98132 (71%)$1,211--6 (13%)$867
2020-2125 (63%)$5,20111 (28%)$1,307--8 (20%)$3,746
2021-2212 (63%)$4,8537 (37%)$1,767--1 (5%)$3,000
Average43 (62.89%)$4,74017 (45.33%)$1,428--4 (7.43%)$2,847
*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, 56 (81.67 % of students) get any students loan help and its average loan amount is $56.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1479 (85%)$10,10579 (85%)$10,105--
2014-1558 (82%)$11,14758 (82%)$11,147--
2015-1686 (85%)$9,95286 (85%)$9,952--
2016-1774 (81%)$10,83674 (81%)$10,836--
2017-1865 (81%)$9,47865 (81%)$9,478--
2018-1956 (78%)$9,70756 (78%)$9,707--
2019-2034 (76%)$8,56934 (76%)$8,569--
2020-2133 (83%)$9,55433 (83%)$9,554--
2021-2216 (84%)$9,95016 (84%)$9,950--
Average56 (81.67%)$9,92256 (81.67%)$9,922--
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