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

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 149, which is 68.67 % of all undergraduate students. 141 students which is 64.78% of undergraduate students received federal student loans and the average loan amount is $8,455.
For full-time, first-time beginning students (freshmen), 77.78% of students received grants or scholarships and 87% 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-New Orleans since 2013.
For that period, the average number of students who received grants aid/scholarships is 149, which is 68.67 % of all undergraduate students. 141 students which is 64.78% of undergraduate students received federal student loans and the average loan amount is $8,455.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14122 (65%)$4,223122 (65%)$4,211113 (60%)$11,255
2014-15135 (69%)$4,486115 (59%)$4,120134 (68%)$9,391
2015-16157 (70%)$4,451153 (68%)$3,937153 (68%)$7,581
2016-17167 (64%)$4,602161 (62%)$4,390179 (69%)$8,074
2017-18160 (61%)$4,295159 (60%)$4,317161 (61%)$8,114
2018-19131 (63%)$5,044131 (63%)$5,044138 (66%)$8,002
2019-20173 (76%)$5,156147 (65%)$4,606130 (57%)$7,982
2020-21117 (62%)$4,401115 (61%)$4,404117 (62%)$7,657
2021-22178 (88%)$4,567146 (72%)$4,779147 (72%)$8,040
Average149 (68.67%)$4,581139 (63.89%)$4,423141 (64.78%)$8,455

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

For the last 10 years, on average, 27 (77.78 % of students) received grants or scholarships and its average amount is $5,107. It can cover 23.68% of tuition & fees ($21,568).
In addition, 30 (86.89 % of students) students get helped from the students loans (average amount : $9,186).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1441 (84%)$4,79243 (88%)$13,887
2014-1520 (71%)$4,34926 (93%)$8,898
2015-1627 (82%)$4,41730 (91%)$7,785
2016-1729 (73%)$4,43635 (88%)$8,648
2017-1818 (56%)$5,59529 (91%)$8,607
2018-1934 (77%)$5,62941 (93%)$9,252
2019-2021 (91%)$6,88416 (70%)$8,021
2020-2129 (81%)$4,92230 (83%)$8,970
2021-2222 (85%)$4,93522 (85%)$8,605
Average27 (77.78%)$5,10730 (86.89%)$9,186
*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, 26 (74.89 % of students) received Pell (federal) grants and its average amount is $4,917.
In addition, 5 students received State/local government grants/scholarships (16.00 % 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
2013-1441 (84%)$4,792------
2014-1518 (64%)$4,103--5 (18%)$2,626--
2015-1625 (76%)$3,959--5 (15%)$4,061--
2016-1727 (68%)$4,382--6 (15%)$1,719--
2017-1818 (56%)$5,595------
2018-1934 (77%)$5,629------
2019-2021 (91%)$5,70414 (61%)$1,697--1 (4%)$1,018
2020-2129 (81%)$4,922------
2021-2220 (77%)$5,1659 (35%)$585----
Average26 (74.89%)$4,91712 (48.00%)$1,1415 (16.00%)$2,8021 (4.00%)$1,018
*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, 30 (86.89 % of students) get any students loan help and its average loan amount is $30.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1443 (88%)$13,88743 (88%)$13,887--
2014-1526 (93%)$8,89826 (93%)$8,898--
2015-1630 (91%)$7,78530 (91%)$7,785--
2016-1735 (88%)$8,64835 (88%)$8,648--
2017-1829 (91%)$8,60729 (91%)$8,607--
2018-1941 (93%)$9,25241 (93%)$9,252--
2019-2016 (70%)$8,02116 (70%)$8,021--
2020-2130 (83%)$8,97030 (83%)$8,970--
2021-2222 (85%)$8,60522 (85%)$8,605--
Average30 (86.89%)$9,18630 (86.89%)$9,186--
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