Scholarships, Grants, and Loan Trends at Paul Mitchell the School-Salt Lake City

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 243, which is 57.33 % of all undergraduate students. 220 students which is 52.33% of undergraduate students received federal student loans and the average loan amount is $7,398.
For full-time, first-time beginning students (freshmen), 66.44% of students received grants or scholarships and 73% 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-Salt Lake City since 2013.
For that period, the average number of students who received grants aid/scholarships is 243, which is 57.33 % of all undergraduate students. 220 students which is 52.33% of undergraduate students received federal student loans and the average loan amount is $7,398.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14216 (52%)$4,235212 (51%)$3,749224 (54%)$8,623
2014-15207 (51%)$4,079205 (51%)$4,060196 (48%)$8,183
2015-16184 (48%)$4,254172 (45%)$4,058207 (54%)$8,023
2016-17262 (61%)$4,253228 (53%)$4,052245 (57%)$7,451
2017-18233 (57%)$5,350223 (54%)$5,293229 (56%)$7,043
2018-19236 (56%)$4,978221 (53%)$4,539242 (58%)$6,827
2019-20304 (67%)$4,478225 (50%)$4,509228 (50%)$6,540
2020-21247 (55%)$4,708212 (48%)$4,742221 (50%)$7,153
2021-22299 (69%)$4,559199 (46%)$4,780190 (44%)$6,737
Average243 (57.33%)$4,544211 (50.11%)$4,420220 (52.33%)$7,398

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

For the last 10 years, on average, 23 (66.44 % of students) received grants or scholarships and its average amount is $4,985. It can cover 23.46% of tuition & fees ($21,250).
In addition, 27 (73.11 % of students) students get helped from the students loans (average amount : $7,996).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1442 (59%)$4,01552 (73%)$9,922
2014-1530 (57%)$4,72637 (70%)$8,783
2015-1622 (47%)$4,59527 (57%)$7,788
2016-1728 (78%)$3,97327 (75%)$8,487
2017-1821 (72%)$5,74123 (79%)$6,527
2018-1918 (78%)$5,94316 (70%)$7,703
2019-2018 (78%)$5,36118 (78%)$8,680
2020-2118 (55%)$5,58029 (88%)$7,326
2021-2214 (74%)$4,93413 (68%)$6,749
Average23 (66.44%)$4,98527 (73.11%)$7,996
*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, 22 (59.67 % of students) received Pell (federal) grants and its average amount is $5,007.
In addition, 1 students received State/local government grants/scholarships (5.25 % of students).
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
2013-1442 (59%)$4,015------
2014-1530 (57%)$4,726------
2015-1622 (47%)$4,595------
2016-1724 (67%)$4,093----7 (19%)$1,857
2017-1819 (66%)$6,003--1 (3%)$1,0003 (10%)$1,833
2018-1915 (65%)$5,349--1 (4%)$1,0006 (26%)$4,291
2019-2014 (61%)$5,75111 (48%)$9882 (9%)$2,564--
2020-2117 (52%)$5,644----3 (9%)$1,500
2021-2212 (63%)$4,8897 (37%)$1,2011 (5%)$2,000--
Average22 (59.67%)$5,0079 (42.50%)$1,0951 (5.25%)$1,6415 (16.00%)$2,370
*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, 27 (73.11 % of students) get any students loan help and its average loan amount is $27.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1452 (73%)$9,92252 (73%)$9,922--
2014-1537 (70%)$8,78337 (70%)$8,783--
2015-1627 (57%)$7,78827 (57%)$7,788--
2016-1727 (75%)$8,48727 (75%)$8,487--
2017-1823 (79%)$6,52723 (79%)$6,527--
2018-1916 (70%)$7,70316 (70%)$7,703--
2019-2018 (78%)$8,68018 (78%)$7,7152 (9%)$8,691
2020-2129 (88%)$7,32629 (88%)$7,326--
2021-2213 (68%)$6,74913 (68%)$6,749--
Average27 (73.11%)$7,99627 (73.11%)$7,8892 (9.00%)$8,691
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