How Paul Mitchell the School-Rhode Island'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-Rhode Island since 2013.

For that period, the average number of students who received grants aid/scholarships is 140, which is 55.00 % of all undergraduate students. 148 students which is 57.44% of undergraduate students received federal student loans and the average loan amount is $7,068.

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	129 (47%)	$3,675	129 (47%)	$3,675	158 (58%)	$8,466
2014-15	130 (49%)	$4,156	130 (49%)	$4,156	161 (61%)	$9,139
2015-16	137 (52%)	$3,806	137 (52%)	$3,806	160 (61%)	$6,949
2016-17	155 (53%)	$4,249	155 (53%)	$4,249	191 (65%)	$6,364
2017-18	132 (44%)	$3,905	132 (44%)	$3,905	145 (48%)	$6,807
2018-19	118 (50%)	$4,906	115 (48%)	$4,955	143 (60%)	$7,086
2019-20	161 (70%)	$3,772	117 (51%)	$4,531	133 (58%)	$6,332
2020-21	184 (78%)	$3,651	108 (46%)	$5,029	140 (60%)	$6,778
2021-22	118 (52%)	$5,112	105 (46%)	$4,901	105 (46%)	$5,690
Average	140 (55.00%)	$4,137	125 (48.44%)	$4,356	148 (57.44%)	$7,068

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

Overview

For the last 10 years, on average, 20 (62.78 % of students) received grants or scholarships and its average amount is $4,885. It can cover 29.61% of tuition & fees ($16,500).

In addition, 27 (83.89 % of students) students get helped from the students loans (average amount : $8,519).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	28 (52%)	$3,910	41 (76%)	$9,606
2014-15	28 (62%)	$4,439	39 (87%)	$11,098
2015-16	24 (65%)	$4,077	28 (76%)	$8,273
2016-17	15 (48%)	$4,944	27 (87%)	$8,277
2017-18	14 (45%)	$4,453	23 (74%)	$7,752
2018-19	17 (55%)	$5,242	25 (81%)	$8,419
2019-20	24 (92%)	$4,712	22 (85%)	$8,588
2020-21	22 (79%)	$5,921	27 (96%)	$7,769
2021-22	10 (67%)	$6,267	14 (93%)	$6,893
Average	20 (62.78%)	$4,885	27 (83.89%)	$8,519

^*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, 19 (58.56 % of students) received Pell (federal) grants and its average amount is $4,930.

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	28 (52%)	$3,910	-	-	-	-	-	-
2014-15	28 (62%)	$4,439	-	-	-	-	-	-
2015-16	24 (65%)	$4,077	-	-	-	-	-	-
2016-17	15 (48%)	$4,944	-	-	-	-	-	-
2017-18	14 (45%)	$4,453	-	-	-	-	-	-
2018-19	15 (48%)	$5,541	-	-	-	-	6 (19%)	$1,000
2019-20	17 (65%)	$5,808	19 (73%)	$492	-	-	5 (19%)	$1,000
2020-21	21 (75%)	$5,663	9 (32%)	$1,258	-	-	-	-
2021-22	10 (67%)	$5,535	3 (20%)	$2,441	-	-	-	-
Average	19 (58.56%)	$4,930	10 (41.67%)	$1,397	-	-	6 (19.00%)	$1,000

^*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, 27 (83.89 % of students) get any students loan help and its average loan amount is $27.

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 (76%)	$9,606	41 (76%)	$9,606	-	-
2014-15	39 (87%)	$11,098	39 (87%)	$11,098	-	-
2015-16	28 (76%)	$8,273	28 (76%)	$8,273	-	-
2016-17	27 (87%)	$8,277	27 (87%)	$8,277	-	-
2017-18	23 (74%)	$7,752	23 (74%)	$7,752	-	-
2018-19	25 (81%)	$8,419	25 (81%)	$8,419	-	-
2019-20	22 (85%)	$8,588	22 (85%)	$8,588	-	-
2020-21	27 (96%)	$7,769	27 (96%)	$7,769	-	-
2021-22	14 (93%)	$6,893	14 (93%)	$6,893	-	-
Average	27 (83.89%)	$8,519	27 (83.89%)	$8,519	-	-

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

All Undergraduate Students Financial Aid Over Time

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