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

Over the past 4 years (2019-2022), the average number of students who received grants aid/scholarships is 167, which is 62.33 % of all undergraduate students. 192 students which is 68.00% of undergraduate students received federal student loans and the average loan amount is $7,421.

For full-time, first-time beginning students (freshmen), 66.33% of students received grants or scholarships and 81% of students received student loans.

School Home 2023 Financial Aid

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-Murfreesboro-Nashville since 2019.

For that period, the average number of students who received grants aid/scholarships is 167, which is 62.33 % of all undergraduate students. 192 students which is 68.00% of undergraduate students received federal student loans and the average loan amount is $7,421.

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
2019-20	148 (90%)	$3,496	88 (53%)	$4,965	137 (83%)	$7,692
2020-21	168 (49%)	$4,965	168 (49%)	$4,889	216 (64%)	$7,544
2021-22	186 (48%)	$4,970	186 (48%)	$4,861	223 (57%)	$7,027
Average	167 (62.33%)	$4,477	147 (50.00%)	$4,905	192 (68.00%)	$7,421

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

Overview

For the last 4 years, on average, 21 (66.33 % of students) received grants or scholarships and its average amount is $4,673. It can cover 26.85% of tuition & fees ($17,400).

In addition, 26 (81.33 % of students) students get helped from the students loans (average amount : $7,385).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2019-20	17 (81%)	$3,291	20 (95%)	$7,117
2020-21	28 (65%)	$5,094	33 (77%)	$8,136
2021-22	19 (53%)	$5,633	26 (72%)	$6,903
Average	21 (66.33%)	$4,673	26 (81.33%)	$7,385

^*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 4 years, on average, 19 (53.67 % of students) received Pell (federal) grants and its average amount is $5,259.

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
2019-20	9 (43%)	$5,049	15 (71%)	$700	-	-	-	-
2020-21	28 (65%)	$5,094	-	-	-	-	-	-
2021-22	19 (53%)	$5,633	-	-	-	-	-	-
Average	19 (53.67%)	$5,259	15 (71.00%)	$700	-	-	-	-

^*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 4 years, on average, 26 (81.33 % of students) get any students loan help and its average loan amount is $26.

Year	Total		Federal student loans		Other student loans
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2019-20	20 (95%)	$7,117	20 (95%)	$7,117	-	-
2020-21	33 (77%)	$8,136	33 (77%)	$8,136	-	-
2021-22	26 (72%)	$6,903	26 (72%)	$6,903	-	-
Average	26 (81.33%)	$7,385	26 (81.33%)	$7,385	-	-

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