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

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 151, which is 55.11 % of all undergraduate students. 165 students which is 62.56% of undergraduate students received federal student loans and the average loan amount is $8,371.
For full-time, first-time beginning students (freshmen), 70.22% of students received grants or scholarships and 88% 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-Memphis since 2013.
For that period, the average number of students who received grants aid/scholarships is 151, which is 55.11 % of all undergraduate students. 165 students which is 62.56% of undergraduate students received federal student loans and the average loan amount is $8,371.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1485 (45%)$3,69085 (45%)$3,690117 (62%)$9,506
2014-1591 (46%)$4,64491 (46%)$4,644128 (65%)$9,670
2015-16100 (49%)$4,530100 (49%)$4,530130 (64%)$9,004
2016-17110 (48%)$4,331110 (48%)$4,331151 (65%)$8,142
2017-18126 (48%)$4,750126 (48%)$4,463160 (60%)$8,460
2018-19187 (60%)$5,020187 (60%)$5,020201 (65%)$7,746
2019-20211 (68%)$5,332181 (58%)$5,229192 (62%)$7,662
2020-21196 (57%)$5,134196 (57%)$5,134195 (57%)$7,847
2021-22249 (75%)$4,845205 (61%)$5,324211 (63%)$7,305
Average151 (55.11%)$4,697142 (52.44%)$4,707165 (62.56%)$8,371

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

For the last 10 years, on average, 30 (70.22 % of students) received grants or scholarships and its average amount is $5,193. It can cover 30.95% of tuition & fees ($16,775).
In addition, 37 (88.11 % of students) students get helped from the students loans (average amount : $8,649).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1419 (56%)$3,90231 (91%)$9,231
2014-1536 (69%)$4,81246 (88%)$10,490
2015-1621 (55%)$5,13633 (87%)$9,894
2016-1725 (57%)$4,89337 (84%)$9,112
2017-1832 (71%)$4,50340 (89%)$8,946
2018-1927 (79%)$4,91232 (94%)$8,038
2019-2024 (89%)$6,76023 (85%)$8,232
2020-2133 (69%)$6,13840 (83%)$6,280
2021-2252 (87%)$5,67755 (92%)$7,617
Average30 (70.22%)$5,19337 (88.11%)$8,649
*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, 29 (68.44 % of students) received Pell (federal) grants and its average amount is $5,166.
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 (56%)$3,902------
2014-1536 (69%)$4,812------
2015-1621 (55%)$5,136------
2016-1725 (57%)$4,893------
2017-1832 (71%)$4,503------
2018-1927 (79%)$4,912------
2019-2023 (85%)$6,11220 (74%)$1,083----
2020-2133 (69%)$6,138------
2021-2245 (75%)$6,08438 (63%)$564----
Average29 (68.44%)$5,16629 (68.50%)$824----
*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, 37 (88.11 % of students) get any students loan help and its average loan amount is $37.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1431 (91%)$9,23131 (91%)$9,231--
2014-1546 (88%)$10,49046 (88%)$10,490--
2015-1633 (87%)$9,89433 (87%)$9,894--
2016-1737 (84%)$9,11237 (84%)$9,112--
2017-1840 (89%)$8,94640 (89%)$8,946--
2018-1932 (94%)$8,03832 (94%)$8,038--
2019-2023 (85%)$8,23223 (85%)$8,232--
2020-2140 (83%)$6,28040 (83%)$6,280--
2021-2255 (92%)$7,61755 (92%)$7,617--
Average37 (88.11%)$8,64937 (88.11%)$8,649--
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