Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 73, which is 61.00 % of all undergraduate students. 77 students which is 63.00% of undergraduate students received federal student loans and the average loan amount is $6,337.

For full-time, first-time beginning students (freshmen), 63.44% of students received grants or scholarships and 88% 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-Great Lakes since 2013.

For that period, the average number of students who received grants aid/scholarships is 73, which is 61.00 % of all undergraduate students. 77 students which is 63.00% of undergraduate students received federal student loans and the average loan amount is $6,337.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1494 (63%)$3,66994 (63%)$3,669107 (72%)$7,052
2014-1594 (64%)$4,55394 (64%)$4,553101 (69%)$6,862
2015-1669 (51%)$4,30469 (51%)$4,30473 (54%)$6,423
2016-1760 (47%)$4,53060 (47%)$4,26565 (51%)$5,965
2017-1865 (54%)$4,46264 (53%)$4,20677 (64%)$5,576
2018-1957 (48%)$5,12756 (47%)$4,69678 (65%)$6,264
2019-2068 (76%)$4,19152 (58%)$4,89156 (63%)$6,035
2020-2174 (76%)$3,66547 (48%)$4,54264 (66%)$6,292
2021-2278 (70%)$5,11462 (55%)$5,46970 (63%)$6,561
Average73 (61.00%)$4,40266 (54.00%)$4,51177 (63.00%)$6,337
*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 (63.44 % of students) received grants or scholarships and its average amount is $4,602. It can cover 30.22% of tuition & fees ($15,225).

In addition, 19 (88.22 % of students) students get helped from the students loans (average amount : $7,902).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1423 (72%)$3,89331 (97%)$8,895
2014-1520 (80%)$4,42123 (92%)$8,519
2015-1611 (44%)$5,32023 (92%)$8,368
2016-178 (38%)$4,90315 (71%)$7,126
2017-1813 (50%)$4,79323 (88%)$6,778
2018-1919 (61%)$4,95226 (84%)$6,888
2019-2017 (100%)$3,29616 (94%)$7,779
2020-214 (40%)$3,6959 (90%)$10,013
2021-226 (86%)$6,1416 (86%)$6,752
Average13 (63.44%)$4,60219 (88.22%)$7,902
*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, 12 (57.56 % of students) received Pell (federal) grants and its average amount is $4,795.

In addition, 1 students received State/local government grants/scholarships (4.00 % 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
2013-1423 (72%)$3,893------
2014-1520 (80%)$4,421------
2015-1611 (44%)$5,320------
2016-178 (38%)$4,903------
2017-1813 (50%)$4,563--1 (4%)$3,000--
2018-1919 (61%)$4,952------
2019-208 (47%)$5,81417 (100%)$560----
2020-214 (40%)$3,695------
2021-226 (86%)$5,5953 (43%)$1,092----
Average12 (57.56%)$4,79510 (71.50%)$8261 (4.00%)$3,000--
*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.

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, 19 (88.22 % of students) get any students loan help and its average loan amount is $19.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1431 (97%)$8,89531 (97%)$8,895--
2014-1523 (92%)$8,51923 (92%)$8,519--
2015-1623 (92%)$8,36823 (92%)$8,368--
2016-1715 (71%)$7,12615 (71%)$7,126--
2017-1823 (88%)$6,77823 (88%)$6,778--
2018-1926 (84%)$6,88826 (84%)$6,888--
2019-2016 (94%)$7,77916 (94%)$7,779--
2020-219 (90%)$10,0139 (90%)$10,013--
2021-226 (86%)$6,7526 (86%)$6,752--
Average19 (88.22%)$7,90219 (88.22%)$7,902--

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