How PMTS Miami'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-Miami since 2013.

For that period, the average number of students who received grants aid/scholarships is 100, which is 54.00 % of all undergraduate students. 110 students which is 59.22% of undergraduate students received federal student loans and the average loan amount is $6,731.

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	117 (62%)	$3,764	117 (62%)	$3,764	137 (73%)	$9,429
2014-15	106 (60%)	$3,934	106 (60%)	$3,767	124 (70%)	$7,310
2015-16	90 (49%)	$4,417	89 (48%)	$4,395	125 (68%)	$7,458
2016-17	97 (50%)	$4,054	97 (50%)	$3,959	115 (60%)	$6,279
2017-18	108 (53%)	$3,920	105 (51%)	$3,933	119 (58%)	$6,392
2018-19	92 (47%)	$4,694	88 (45%)	$4,063	102 (52%)	$5,957
2019-20	95 (52%)	$5,479	92 (50%)	$4,691	92 (50%)	$6,212
2020-21	117 (66%)	$3,640	79 (45%)	$4,266	97 (55%)	$6,211
2021-22	74 (47%)	$3,806	67 (42%)	$3,833	75 (47%)	$5,327
Average	100 (54.00%)	$4,190	93 (50.33%)	$4,075	110 (59.22%)	$6,731

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

Overview

For the last 10 years, on average, 12 (66.44 % of students) received grants or scholarships and its average amount is $5,638. It can cover 32.85% of tuition & fees ($17,160).

In addition, 14 (77.56 % of students) students get helped from the students loans (average amount : $8,465).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	38 (88%)	$4,728	41 (95%)	$10,977
2014-15	13 (65%)	$4,947	18 (90%)	$10,144
2015-16	5 (42%)	$4,590	9 (75%)	$8,104
2016-17	8 (67%)	$5,002	10 (83%)	$8,841
2017-18	12 (60%)	$5,553	16 (80%)	$8,121
2018-19	12 (46%)	$6,999	15 (58%)	$7,689
2019-20	6 (100%)	$5,112	5 (83%)	$7,867
2020-21	7 (44%)	$7,432	10 (63%)	$6,207
2021-22	6 (86%)	$6,375	5 (71%)	$8,233
Average	12 (66.44%)	$5,638	14 (77.56%)	$8,465

^*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, 12 (64.89 % of students) received Pell (federal) grants and its average amount is $5,133.

In addition, 2 students received State/local government grants/scholarships (7.00 % 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	38 (88%)	$4,728	-	-	-	-	-	-
2014-15	13 (65%)	$4,947	-	-	-	-	-	-
2015-16	5 (42%)	$4,590	-	-	-	-	-	-
2016-17	8 (67%)	$5,002	-	-	-	-	-	-
2017-18	12 (60%)	$5,553	-	-	-	-	-	-
2018-19	10 (38%)	$5,710	1 (4%)	$4,935	2 (8%)	$10,973	-	-
2019-20	6 (100%)	$5,112	-	-	-	-	-	-
2020-21	6 (38%)	$4,604	1 (6%)	$642	1 (6%)	$7,856	2 (13%)	$7,950
2021-22	6 (86%)	$5,954	2 (29%)	$1,264	-	-	-	-
Average	12 (64.89%)	$5,133	1 (13.00%)	$2,280	2 (7.00%)	$9,415	2 (13.00%)	$7,950

^*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, 14 (77.56 % of students) get any students loan help and its average loan amount is $14.

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	41 (95%)	$10,977	41 (95%)	$10,977	-	-
2014-15	18 (90%)	$10,144	18 (90%)	$10,144	-	-
2015-16	9 (75%)	$8,104	9 (75%)	$8,104	-	-
2016-17	10 (83%)	$8,841	10 (83%)	$8,841	-	-
2017-18	16 (80%)	$8,121	16 (80%)	$8,121	-	-
2018-19	15 (58%)	$7,689	15 (58%)	$7,689	-	-
2019-20	5 (83%)	$7,867	5 (83%)	$7,867	-	-
2020-21	10 (63%)	$6,207	10 (63%)	$6,207	-	-
2021-22	5 (71%)	$8,233	5 (71%)	$8,233	-	-
Average	14 (77.56%)	$8,465	14 (77.56%)	$8,465	-	-

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Scholarships, Grants, and Loan Trends at PMTS Miami

All Undergraduate Students Financial Aid Over Time

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