by our College Data Analytics TeamA large number of students will never be charged the full sticker price of a school. Rather, they are offered a financial aid plan that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The sum total of attendance at Imagine-Paul Mitchell Partner School can sound tremendous, but do not forget that almost all students get some type of financial help.
What financing options does Imagine-Paul Mitchell Partner School offer you, and what will you qualify for? Keep scrolling for more information. Keep scrolling to find out just how much financial aid will be open to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. Read on to get a sense of the financial assistance available at Imagine-Paul Mitchell Partner School.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
At Imagine-Paul Mitchell Partner School, 93% of first-year full-time students received aid of some kind (about 115 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 85% | $5,553 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 85% | $5,494 |
| State/local grants | 0% | — |
| Federal student loans | 89% | $7,336 |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. At Imagine-Paul Mitchell Partner School, about 63% of undergraduates were awarded an average grant or scholarship of $5,686 (across roughly 384 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 63% | $5,686 |
| Federal Pell grants | 61% | $5,108 |
| Federal student loans | 60% | $7,507 |
For students living on campus and receiving title-IV aid, grants averaged $5,698.
The figures below show the average net price — cost after all grant and scholarship aid — broken out by family income.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $14,508 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
After grants and scholarships come off the published price, what remains is the net price — the best estimate of true out-of-pocket cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $18,356 |
| Off-campus title-IV students | $12,491 |
To project your own net price, use Imagine-Paul Mitchell Partner School’s official net price calculator: paulmitchell.edu/littlerock/programs/cosmetology.
Graduating students at Imagine-Paul Mitchell Partner School carry a median federal student debt of $9,833 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $9,833 |
| Median federal debt (graduates only) | $10,725 |
| Typical 10-year monthly payment (graduates) | $113.7/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
Looking only at the median can be misleading because it hides the spread. The percentiles below describe the cumulative federal debt distribution for borrowers at Imagine-Paul Mitchell Partner School.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,567 |
| 25th percentile | $6,256 |
| 75th percentile | $15,079 |
| 90th percentile (highest-debt students) | $16,500 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $9,833 |
| Middle income | $9,524 |
| High income | $9,833 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,833 |
| Continuing-generation students | $9,833 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $9,512 |
| Independent students | $12,238 |
A handful of calculated indicators summarize the debt outlook at Imagine-Paul Mitchell Partner School.
Stafford loans are the federal government’s primary direct undergraduate lending program. The aggregate figures below show how active the program is at Imagine-Paul Mitchell Partner School:
| Metric | Value |
|---|---|
| Stafford loan recipients | 3102 |
| Total Stafford loan amount | $33,850,369 |
The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 10 |
| Total GI Bill amount | $179,775 |
| Average GI Bill amount per recipient | $17,978 |
References
More about our data sources and methodologies.