How The Reno Academy'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-Reno since 2013.

For that period, the average number of students who received grants aid/scholarships is 178, which is 58.67 % of all undergraduate students. 161 students which is 52.89% of undergraduate students received federal student loans and the average loan amount is $7,747.

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	165 (56%)	$4,066	164 (56%)	$3,952	141 (48%)	$8,798
2014-15	172 (64%)	$4,493	172 (64%)	$4,324	151 (56%)	$8,107
2015-16	162 (58%)	$4,548	158 (56%)	$4,309	148 (53%)	$8,094
2016-17	177 (59%)	$4,409	172 (57%)	$4,255	172 (57%)	$7,226
2017-18	196 (66%)	$5,148	187 (63%)	$4,462	172 (58%)	$7,957
2018-19	140 (51%)	$4,928	133 (48%)	$4,368	137 (49%)	$7,920
2019-20	210 (70%)	$5,269	154 (51%)	$4,777	155 (52%)	$7,569
2020-21	190 (54%)	$5,172	164 (46%)	$4,871	193 (55%)	$7,195
2021-22	187 (50%)	$4,889	178 (48%)	$4,361	179 (48%)	$6,857
Average	178 (58.67%)	$4,769	165 (54.33%)	$4,409	161 (52.89%)	$7,747

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

Overview

For the last 10 years, on average, 33 (68.67 % of students) received grants or scholarships and its average amount is $4,968. It can cover 24.96% of tuition & fees ($19,905).

In addition, 38 (77.89 % of students) students get helped from the students loans (average amount : $8,411).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	37 (63%)	$3,707	41 (69%)	$9,312
2014-15	33 (65%)	$4,391	43 (84%)	$9,149
2015-16	38 (70%)	$4,669	42 (78%)	$9,498
2016-17	36 (64%)	$4,816	50 (89%)	$7,924
2017-18	41 (77%)	$4,998	41 (77%)	$9,270
2018-19	29 (56%)	$5,114	34 (65%)	$7,960
2019-20	21 (91%)	$6,257	17 (74%)	$7,776
2020-21	16 (64%)	$5,324	22 (88%)	$7,557
2021-22	50 (68%)	$5,432	56 (77%)	$7,257
Average	33 (68.67%)	$4,968	38 (77.89%)	$8,411

^*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, 32 (63.33 % of students) received Pell (federal) grants and its average amount is $4,667.

In addition, 2 students received State/local government grants/scholarships (6.20 % 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	37 (63%)	$3,707	-	-	-	-	-	-
2014-15	33 (65%)	$4,391	-	-	-	-	-	-
2015-16	36 (67%)	$4,442	2 (4%)	$7,488	-	-	2 (4%)	$1,250
2016-17	36 (64%)	$4,816	-	-	-	-	-	-
2017-18	36 (68%)	$4,455	-	-	5 (9%)	$8,733	1 (2%)	$900
2018-19	29 (56%)	$4,787	-	-	2 (4%)	$4,736	-	-
2019-20	14 (61%)	$5,416	21 (91%)	$1,625	3 (13%)	$7,148	-	-
2020-21	15 (60%)	$4,809	1 (4%)	$3,047	1 (4%)	$10,000	-	-
2021-22	48 (66%)	$5,184	4 (5%)	$5,192	1 (1%)	$2,000	-	-
Average	32 (63.33%)	$4,667	7 (26.00%)	$4,338	2 (6.20%)	$6,523	2 (3.00%)	$1,075

^*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, 38 (77.89 % of students) get any students loan help and its average loan amount is $38.

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 (69%)	$9,312	41 (69%)	$9,312	-	-
2014-15	43 (84%)	$9,149	40 (78%)	$8,267	4 (8%)	$15,688
2015-16	42 (78%)	$9,498	42 (78%)	$9,285	1 (2%)	$8,945
2016-17	50 (89%)	$7,924	50 (89%)	$7,364	3 (5%)	$9,331
2017-18	41 (77%)	$9,270	41 (77%)	$9,270	-	-
2018-19	34 (65%)	$7,960	34 (65%)	$7,960	-	-
2019-20	17 (74%)	$7,776	17 (74%)	$7,776	-	-
2020-21	22 (88%)	$7,557	22 (88%)	$7,557	-	-
2021-22	56 (77%)	$7,257	56 (77%)	$7,257	-	-
Average	38 (77.89%)	$8,411	38 (77.22%)	$8,228	3 (5.00%)	$11,321

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Scholarships, Grants, and Loan Trends at The Reno Academy

All Undergraduate Students Financial Aid Over Time

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