Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 62, which is 46.44 % of all undergraduate students. 68 students which is 52.67% of undergraduate students received federal student loans and the average loan amount is $7,325.

For full-time, first-time beginning students (freshmen), 64.57% of students received grants or scholarships and 84% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table shows the trends of financial aid for all undergraduate students at Paul Mitchell the School-Farmington Hills since 2013.

For that period, the average number of students who received grants aid/scholarships is 62, which is 46.44 % of all undergraduate students. 68 students which is 52.67% of undergraduate students received federal student loans and the average loan amount is $7,325.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1418 (32%)$5,7005 (9%)$3,7964 (7%)$5,565
2014-1526 (44%)$3,31024 (41%)$3,56827 (46%)$6,685
2015-1614 (36%)$3,21514 (36%)$3,21516 (41%)$7,018
2016-179 (25%)$3,6849 (25%)$3,23923 (64%)$7,859
2017-1875 (63%)$6,15475 (63%)$6,15494 (78%)$8,340
2018-1981 (46%)$4,29881 (46%)$4,298111 (63%)$7,536
2019-20124 (69%)$3,95978 (43%)$5,054106 (59%)$8,017
2020-21103 (54%)$4,82895 (50%)$5,071113 (60%)$7,631
2021-22106 (49%)$4,904104 (48%)$4,780121 (56%)$7,271
Average62 (46.44%)$4,45054 (40.11%)$4,35368 (52.67%)$7,325
*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.

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

For the last 10 years, on average, 13 (64.57 % of students) received grants or scholarships and its average amount is $4,339. It can cover 21.70% of tuition & fees ($19,995).

In addition, 15 (84.14 % of students) students get helped from the students loans (average amount : $8,250).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14----
2014-152 (67%)$3,2593 (100%)$6,222
2015-16----
2016-173 (38%)$2,8836 (75%)$6,833
2017-1815 (63%)$6,31420 (83%)$9,458
2018-1918 (60%)$4,22324 (80%)$9,653
2019-2031 (97%)$3,60426 (81%)$7,718
2020-219 (64%)$5,17612 (86%)$10,389
2021-2212 (63%)$4,91216 (84%)$7,479
Average13 (64.57%)$4,33915 (84.14%)$8,250
*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, 11 (57.86 % of students) received Pell (federal) grants and its average amount is $4,540.

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
2013-14--------
2014-152 (67%)$3,259------
2015-16--------
2016-173 (38%)$2,883------
2017-1815 (63%)$6,314------
2018-1918 (60%)$4,223------
2019-2016 (50%)$5,20429 (91%)$955--1 (3%)$750
2020-219 (64%)$5,065----1 (7%)$1,000
2021-2212 (63%)$4,829----1 (5%)$1,000
Average11 (57.86%)$4,54029 (91.00%)$955--1 (5.00%)$917
*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, 15 (84.14 % of students) get any students loan help and its average loan amount is $15.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14------
2014-153 (100%)$6,2223 (100%)$6,222--
2015-16------
2016-176 (75%)$6,8336 (75%)$6,833--
2017-1820 (83%)$9,45820 (83%)$9,458--
2018-1924 (80%)$9,65324 (80%)$9,653--
2019-2026 (81%)$7,71826 (81%)$7,718--
2020-2112 (86%)$10,38912 (86%)$10,389--
2021-2216 (84%)$7,47916 (84%)$7,479--
Average15 (84.14%)$8,25015 (84.14%)$8,250--

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