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

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 124, which is 53.00 % of all undergraduate students. 129 students which is 55.56% of undergraduate students received federal student loans and the average loan amount is $8,126.
For full-time, first-time beginning students (freshmen), 64.67% of students received grants or scholarships and 79% 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-Raleigh since 2013.
For that period, the average number of students who received grants aid/scholarships is 124, which is 53.00 % of all undergraduate students. 129 students which is 55.56% of undergraduate students received federal student loans and the average loan amount is $8,126.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14113 (50%)$3,385113 (50%)$3,385119 (52%)$9,017
2014-15121 (50%)$4,371121 (50%)$4,371145 (60%)$8,916
2015-16109 (48%)$4,604109 (48%)$4,050129 (57%)$7,490
2016-17100 (45%)$5,25498 (44%)$4,167131 (58%)$8,495
2017-1894 (41%)$4,43691 (40%)$4,175122 (54%)$8,379
2018-19125 (51%)$5,197120 (49%)$4,933142 (58%)$8,050
2019-20120 (52%)$5,343113 (48%)$4,955131 (56%)$7,769
2020-21189 (75%)$4,37099 (39%)$5,141132 (53%)$7,506
2021-22142 (65%)$5,898107 (49%)$5,727113 (52%)$7,509
Average124 (53.00%)$4,762108 (46.33%)$4,545129 (55.56%)$8,126

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

For the last 10 years, on average, 18 (64.67 % of students) received grants or scholarships and its average amount is $4,890. It can cover 28.40% of tuition & fees ($17,218).
In addition, 23 (79.11 % of students) students get helped from the students loans (average amount : $8,705).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1422 (69%)$3,45829 (91%)$9,955
2014-1515 (63%)$4,20319 (79%)$9,333
2015-1616 (53%)$5,26823 (77%)$8,332
2016-1718 (53%)$5,37929 (85%)$10,849
2017-1817 (50%)$4,54726 (76%)$8,895
2018-1926 (67%)$5,29731 (79%)$9,322
2019-2017 (74%)$5,00018 (78%)$7,889
2020-2115 (71%)$5,36415 (71%)$6,811
2021-2214 (82%)$5,49813 (76%)$6,961
Average18 (64.67%)$4,89023 (79.11%)$8,705
*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, 17 (61.11 % of students) received Pell (federal) grants and its average amount is $4,975.
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
2013-1422 (69%)$3,458------
2014-1515 (63%)$4,203------
2015-1616 (53%)$5,143----1 (3%)$2,000
2016-1718 (53%)$5,156----2 (6%)$2,000
2017-1816 (47%)$4,675----1 (3%)$2,500
2018-1926 (67%)$5,297------
2019-2016 (70%)$5,305----1 (4%)$127
2020-2112 (57%)$5,5105 (24%)$2,169--2 (10%)$1,750
2021-2212 (71%)$6,0245 (29%)$936----
Average17 (61.11%)$4,9755 (26.50%)$1,553--1 (5.20%)$1,675
*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, 23 (79.11 % of students) get any students loan help and its average loan amount is $23.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1429 (91%)$9,95529 (91%)$9,955--
2014-1519 (79%)$9,33319 (79%)$9,333--
2015-1623 (77%)$8,33223 (77%)$8,332--
2016-1729 (85%)$10,84929 (85%)$10,849--
2017-1826 (76%)$8,89526 (76%)$8,895--
2018-1931 (79%)$9,32231 (79%)$9,322--
2019-2018 (78%)$7,88918 (78%)$7,889--
2020-2115 (71%)$6,81115 (71%)$6,811--
2021-2213 (76%)$6,96113 (76%)$6,961--
Average23 (79.11%)$8,70523 (79.11%)$8,705--
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