by our College Data Analytics TeamMost students will not be asked to pay 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 Colorado Springs can feel tremendous, but do not forget that almost all students receive some sort of financial help.
Just what financial aid solutions can Paul Mitchell the School Colorado Springs provide, and just what are you going to be eligible for? Keep reading for answers. Keep going to learn how much school funding will be available to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. Use the information below to understand how much financial assistance you may get from Paul Mitchell the School Colorado Springs.
Financial aid, in the form of loans, grants, work-study, and scholarships, is one way colleges reduce the cost of attendance so most students can actually afford to attend. 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 Colorado Springs, 93% of the incoming full-time class was awarded financial aid some 53 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 81% | $4,848 |
| Institutional grants & scholarships | 19% | $591 |
| Federal Pell grants | 72% | $5,026 |
| State/local grants | 0% | — |
| Federal student loans | 79% | $7,033 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. At Paul Mitchell the School Colorado Springs, roughly 71% of undergraduate students received gift aid averaging $6,326 (for some 201 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 71% | $6,326 |
| Federal Pell grants | 58% | $4,986 |
| Federal student loans | 54% | $7,028 |
For students living on campus and receiving title-IV aid, grants averaged $5,535.
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 | $16,851 |
| $30,001 – $75,000 | $17,633 |
Each figure is the net price after grants and scholarships, not the published sticker price.
Net price is the cost remaining after grant and scholarship aid is subtracted from the sticker price, and it is the most useful single number for estimating real cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $22,022 |
| Off-campus title-IV students | $16,851 |
For a personalized estimate based on your family’s financial situation, use Paul Mitchell the School Colorado Springs’s net price tool: paulmitchell.edu/coloradosprings/tuition-calculator.
Graduating students at Paul Mitchell the School Colorado Springs carry a median federal student debt of $6,333 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $6,333 |
| Median federal debt (graduates only) | $7,667 |
| Typical 10-year monthly payment (graduates) | $81.28/mo |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.
A single median figure conceals how much debt outcomes differ student to student. These percentiles trace how cumulative federal debt is spread among borrowers at Paul Mitchell the School Colorado Springs.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,551 |
| 25th percentile | $4,175 |
| 75th percentile | $12,500 |
| 90th percentile (highest-debt students) | $17,100 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $6,333 |
| Middle income | $6,333 |
| High income | $5,917 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $6,333 |
| Continuing-generation students | $5,933 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $6,333 |
Federal data publishes pre-calculated indicators that summarize debt outcomes. Paul Mitchell the School Colorado Springs.
Stafford loans make up the bulk of federal direct lending to undergraduates. The aggregate figures below show how active the program is at Paul Mitchell the School Colorado Springs:
| Metric | Value |
|---|---|
| Stafford loan recipients | 1457 |
| Total Stafford loan amount | $13,611,250 |
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
| Metric | Value |
|---|---|
| GI Bill recipients | 0 |
| Total GI Bill amount | $0 |
References
More about our data sources and methodologies.