by our College Data Analytics TeamMost 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 price tag of going to Paul Mitchell the School Columbia can appear tremendous, but do not forget that almost all students obtain some kind of financial help.
What financing options does Paul Mitchell the School Columbia offer you, and what will you qualify for? Keep scrolling for more information. Read on to discover how much school funding could be available to you.
The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. Use the information below to understand how much financial assistance you may get from Paul Mitchell the School Columbia.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. However, some types of aid are more desirable than others, and some students will receive more than others.
At Paul Mitchell the School Columbia, 84% of entering full-time freshmen got some type of financial assistance approximately 63 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 73% | $5,730 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 69% | $5,478 |
| State/local grants | 0% | — |
| Federal student loans | 69% | $7,920 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. Here, about 59% of undergrads got grants or scholarships worth on average $5,295 (for some 280 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 59% | $5,295 |
| Federal Pell grants | 58% | $5,022 |
| Federal student loans | 52% | $7,654 |
On-campus students receiving title-IV aid were awarded grants averaging $4,971.
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 | $12,149 |
| Over $75,000 | $18,050 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
The net price strips out grant and scholarship aid from the sticker price to show roughly what families really pay.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $18,210 |
| Off-campus title-IV students | $12,804 |
To project your own net price, use Paul Mitchell the School Columbia’s NPC: paulmitchell.edu/columbia/tuition-calculator.
A typical borrower at Paul Mitchell the School Columbia leaves with $9,500 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $9,500 |
| Median federal debt (graduates only) | $11,740 |
| Typical 10-year monthly payment (graduates) | $124.46/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
The median alone does not show how widely outcomes vary across the student body. The four reference points below map the debt distribution at Paul Mitchell the School Columbia.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,500 |
| 25th percentile | $5,500 |
| 75th percentile | $13,000 |
| 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 | $9,500 |
| Middle income | $9,833 |
| High income | $9,833 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,500 |
| Continuing-generation students | $9,500 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $8,416 |
| Independent students | $9,500 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. Paul Mitchell the School Columbia.
Most undergraduate borrowing runs through the federal Stafford loan program. Below is the annual Stafford program activity at Paul Mitchell the School Columbia:
| Metric | Value |
|---|---|
| Stafford loan recipients | 4445 |
| Total Stafford loan amount | $43,585,023 |
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 | 23 |
| Total GI Bill amount | $309,179 |
| Average GI Bill amount per recipient | $13,443 |
References
More about our data sources and methodologies.