by our College Data Analytics TeamMany students will not be asked to pay 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 Paul Mitchell the School Atlanta can sound overwhelming, but bear in mind that many students get some type of financial aid.
Just what financial aid solutions can Paul Mitchell the School Atlanta provide, and just what are you going to be eligible for? Keep reading for answers. Keep reading to learn just how much financial aid will be open to you.
How much aid you qualify for depends largely on your family’s financial circumstances. Use the information below to understand how much financial assistance you may get from Paul Mitchell the School Atlanta.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. However, some types of aid are more desirable than others, and some students will receive more than others.
For freshmen starting at Paul Mitchell the School Atlanta, 98% of first-year full-time students received aid of some kind (about 80 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 94% | $6,804 |
| Institutional grants & scholarships | 12% | $1,000 |
| Federal Pell grants | 93% | $6,762 |
| State/local grants | 0% | — |
| Federal student loans | 91% | $7,166 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At Paul Mitchell the School Atlanta, around 57% of undergraduates were awarded an average grant or scholarship of $5,756 (covering around 247 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 57% | $5,756 |
| Federal Pell grants | 56% | $5,741 |
| Federal student loans | 58% | $7,472 |
For on-campus title-IV students, average grant aid came to $6,548.
Since aid is largely need-based, the real cost of attendance falls steeply for lower-income families.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $17,520 |
| $30,001 – $75,000 | $15,934 |
| Over $75,000 | $24,467 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
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 | $18,075 |
| Off-campus title-IV students | $17,887 |
To get a personalized net price estimate, try Paul Mitchell the School Atlanta’s net price calculator: paulmitchell.edu/atlanta/tuition-calculator.
The median student at Paul Mitchell the School Atlanta graduates with $6,844 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $6,844 |
| Median federal debt (graduates only) | $12,500 |
| Typical 10-year monthly payment (graduates) | $132.52/mo |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.
Looking only at the median can be misleading because it hides the spread. Use the percentiles below to see the debt range at Paul Mitchell the School Atlanta.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,000 |
| 25th percentile | $5,500 |
| 75th percentile | $14,296 |
| 90th percentile (highest-debt students) | $16,500 |
Median debt varies by family income, by first-generation status, and by dependency status.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $7,500 |
| Middle income | $5,871 |
| High income | $8,583 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $6,500 |
| Continuing-generation students | $8,889 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $9,500 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. Paul Mitchell the School Atlanta.
The Stafford program is the federal direct-loan vehicle most undergraduates use. These figures summarize annual Stafford program activity at Paul Mitchell the School Atlanta:
| Metric | Value |
|---|---|
| Stafford loan recipients | 2157 |
| Total Stafford loan amount | $23,792,132 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 0 |
| Total GI Bill amount | $0 |
References
More about our data sources and methodologies.