by our College Data Analytics TeamMost students are not billed 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 total cost of going to Paul Mitchell the School Birmingham can seem overwhelming, but bear in mind that many students are given some form of financial aid.
What financial assistance options will Paul Mitchell the School Birmingham offer you, and what will you qualify for? Read on for more information. Read on to discover how much school funding could be available to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. Continue reading to find information to help you understand just how much assistance you can expect to receive from Paul Mitchell the School Birmingham.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
For freshmen starting at Paul Mitchell the School Birmingham, 82% of first-year full-time students received aid of some kind some 23 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 54% | $7,348 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 54% | $7,348 |
| State/local grants | 0% | — |
| Federal student loans | 79% | $7,501 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. At Paul Mitchell the School Birmingham, about 51% of undergraduate students received gift aid averaging $6,551 (covering around 80 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 51% | $6,551 |
| Federal Pell grants | 51% | $6,551 |
| Federal student loans | 55% | $7,201 |
For students living on campus and receiving title-IV aid, grants averaged $4,792.
How much a family pays depends heavily on income, because most aid is awarded on the basis of financial need.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $12,796 |
| $30,001 – $75,000 | $12,909 |
| Over $75,000 | $14,802 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
Net price is the average annual cost after grants and scholarships are subtracted from the published cost of attendance — the figure closest to what a typical aid-receiving student actually pays.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $18,104 |
| Off-campus title-IV students | $13,735 |
For a customized cost estimate, visit Paul Mitchell the School Birmingham’s NPC: birmingham.paulmitchell.edu/programs/tuition-calculator.
The middle student in the debt distribution at Paul Mitchell the School Birmingham owes $9,833 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $9,833 |
| Median federal debt (graduates only) | $9,833 |
| Typical 10-year monthly payment (graduates) | $104.25/mo |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.
Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. These percentiles trace how cumulative federal debt is spread among borrowers at Paul Mitchell the School Birmingham.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,750 |
| 25th percentile | $6,000 |
| 75th percentile | $16,500 |
| 90th percentile (highest-debt students) | $16,500 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $9,833 |
| Middle income | $9,833 |
| High income | $9,833 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,833 |
| Continuing-generation students | $9,833 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $9,833 |
| Independent students | $13,000 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. Paul Mitchell the School Birmingham.
Stafford loans make up the bulk of federal direct lending to undergraduates. The totals below capture Stafford lending at Paul Mitchell the School Birmingham:
| Metric | Value |
|---|---|
| Stafford loan recipients | 1019 |
| Total Stafford loan amount | $11,385,454 |
References
More about our data sources and methodologies.