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Paul Mitchell the School Austin Financial Aid & Scholarships

77% Freshmen Get Financial Aid
$5,599 Average Grant & Scholarship
59% Undergrads Get Grant Aid

A lot of students will never be charged the full, advertised sticker price of a school. Instead, they will be given a financial aid offer that will include a combination of scholarships, grants, loans, and work-study. The total price of attendance at Paul Mitchell the School Austin can feel overwhelming, but bear in mind that many students receive some sort of financial aid.

What financial assistance options will Paul Mitchell the School Austin offer you, and what will you qualify for? Read on for more information. Keep going to learn what amount of financial assistance will be accessible to you.

Importance of Paul Mitchell the School Austin Financial Aid Information

How much aid you qualify for depends largely on your family’s financial circumstances. The information provided on this page can help you determine how much aid you may receive from Paul Mitchell the School Austin.

Average Freshman Financial Aid at Paul Mitchell the School Austin

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.

Among first-time, full-time freshmen at Paul Mitchell the School Austin, 77% of first-time, full-time freshmen received some form of financial aid some 65 students).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)69%$5,298
Institutional grants & scholarships52%$1,331
Federal Pell grants50%$5,922
State/local grants0%
Federal student loans55%$5,893

Scholarship and Grant Awards at Paul Mitchell the School Austin

Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. At Paul Mitchell the School Austin, some 59% of undergrads got grants or scholarships worth on average $5,599 (across approximately 196 recipients).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)59%$5,599
Federal Pell grants46%$4,818
Federal student loans47%$6,172

For on-campus title-IV students, average grant aid came to $5,945.

Income-Adjusted Net Price at Paul Mitchell the School Austin

Need-based aid means lower-income families typically pay far less than the sticker price suggests.

Family IncomeAverage Net Price
$0 – $48,000$20,140
$30,001 – $75,000$20,758

Each amount is the average cost remaining once grant aid is subtracted, by income band.

Average Net Price for Paul Mitchell the School Austin

The net price represents the average annual cost a title-IV-receiving student pays after grant aid is subtracted from the full cost of attendance.

CohortAverage Net Price
On-campus title-IV students$19,002
Off-campus title-IV students$20,313

To get a personalized net price estimate, try Paul Mitchell the School Austin’s official net price calculator: paulmitchell.edu/austin/tuition-calculator.

How Much Students Borrow at Paul Mitchell the School Austin

The middle student in the debt distribution at Paul Mitchell the School Austin owes $7,917 of federal student loans.

MetricAmount
Median federal debt (all student-aid borrowers)$7,917
Median federal debt (graduates only)$7,917
Typical 10-year monthly payment (graduates)$83.93/mo

Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.

Debt Spread by Percentile

The median alone does not show how widely outcomes vary across the student body. Use the percentiles below to see the debt range at Paul Mitchell the School Austin.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$2,957
25th percentile$4,610
75th percentile$12,500
90th percentile (highest-debt students)$16,500

Debt Outcomes by Student Group at Paul Mitchell the School Austin

Median debt varies by family income, by first-generation status, and by dependency status.

Median Debt by Income Bracket

Income tierMedian federal debt
Low income$7,917
Middle income$6,794
High income$5,500

First-Generation Comparison

CohortMedian federal debt
First-generation students$7,917
Continuing-generation students$6,042

By Dependency Status

CohortMedian federal debt
Dependent students$5,500
Independent students$9,500

Is the Debt Manageable?

These indicators are derived from the underlying debt data and summarize the overall picture at Paul Mitchell the School Austin.

Federal Loan Volume at Paul Mitchell the School Austin

Stafford loans are the federal government’s primary direct undergraduate lending program. Below is the annual Stafford program activity at Paul Mitchell the School Austin:

MetricValue
Stafford loan recipients1379
Total Stafford loan amount$13,554,283

Military and Veterans Aid at Paul Mitchell the School Austin

If you are a veteran or active-duty service member, the GI Bill and DoD Tuition Assistance are the primary federal programs you can use at this school.

GI Bill volume

MetricValue
GI Bill recipients0
Total GI Bill amount$0

References

More about our data sources and methodologies.

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