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

Over the past 4 years (2019-2022), the average number of students who received grants aid/scholarships is 104, which is 54.00 % of all undergraduate students. 96 students which is 50.33% of undergraduate students received federal student loans and the average loan amount is $8,092.

For full-time, first-time beginning students (freshmen), 68.67% of students received grants or scholarships and 77% 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-Provo since 2019.

For that period, the average number of students who received grants aid/scholarships is 104, which is 54.00 % of all undergraduate students. 96 students which is 50.33% of undergraduate students received federal student loans and the average loan amount is $8,092.

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	133 (64%)	$4,165	85 (41%)	$5,111	111 (53%)	$7,296
2020-21	116 (56%)	$5,252	105 (51%)	$5,145	110 (53%)	$8,313
2021-22	64 (42%)	$4,706	62 (41%)	$4,555	68 (45%)	$8,668
Average	104 (54.00%)	$4,708	84 (44.33%)	$4,937	96 (50.33%)	$8,092

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

Overview

For the last 4 years, on average, 26 (68.67 % of students) received grants or scholarships and its average amount is $4,959. It can cover 25.63% of tuition & fees ($19,348).

In addition, 28 (77.00 % of students) students get helped from the students loans (average amount : $8,478).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2019-20	28 (93%)	$4,251	27 (90%)	$7,969
2020-21	37 (63%)	$5,380	39 (66%)	$9,640
2021-22	12 (50%)	$5,246	18 (75%)	$7,824
Average	26 (68.67%)	$4,959	28 (77.00%)	$8,478

^*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, 21 (55.00 % of students) received Pell (federal) grants and its average amount is $5,432.

In addition, 1 students received State/local government grants/scholarships (4.00 % 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
2019-20	19 (63%)	$5,097	20 (67%)	$879	-	-	4 (13%)	$1,150
2020-21	33 (56%)	$5,545	17 (29%)	$533	-	-	6 (10%)	$1,167
2021-22	11 (46%)	$5,655	-	-	1 (4%)	$750	-	-
Average	21 (55.00%)	$5,432	19 (48.00%)	$706	1 (4.00%)	$750	5 (11.50%)	$1,159

^*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, 28 (77.00 % of students) get any students loan help and its average loan amount is $28.

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	27 (90%)	$7,969	27 (90%)	$7,969	-	-
2020-21	39 (66%)	$9,640	39 (66%)	$9,640	-	-
2021-22	18 (75%)	$7,824	18 (75%)	$7,824	-	-
Average	28 (77.00%)	$8,478	28 (77.00%)	$8,478	-	-

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