by our College Data Analytics TeamThe majority of students will not be asked to pay the complete price tag of a school. Rather, they are presented a financial aid deal that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The price tag of going to Paul Mitchell the School East Bay can appear overpowering, but remember that the majority of students obtain some kind of financial assistance.
Just what financial aid solutions can Paul Mitchell the School East Bay deliver, 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.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. The figures below will help you estimate the aid you might receive from Paul Mitchell the School East Bay.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
Among first-time, full-time freshmen at Paul Mitchell the School East Bay, 73% of entering full-time freshmen got some type of financial assistance some 69 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 50% | $4,922 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 50% | $4,922 |
| State/local grants | 0% | — |
| Federal student loans | 63% | $6,312 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. Across the undergraduate body at Paul Mitchell the School East Bay, roughly 46% of undergraduates were awarded grant or scholarship aid averaging $4,853 (for some 161 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 46% | $4,853 |
| Federal Pell grants | 45% | $4,523 |
| Federal student loans | 50% | $5,161 |
On-campus students receiving title-IV aid were awarded grants averaging $3,794.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $30,613 |
| $30,001 – $75,000 | $29,293 |
| Over $75,000 | $35,494 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
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 | $30,680 |
| Off-campus title-IV students | $30,889 |
For a personalized estimate based on your family’s financial situation, use Paul Mitchell the School East Bay’s net price tool: paulmitchell.edu/eastbay/programs/cosmetology.
The middle student in the debt distribution at Paul Mitchell the School East Bay owes $10,513 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $10,513 |
| Median federal debt (graduates only) | $13,083 |
| Typical 10-year monthly payment (graduates) | $138.7/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
Looking only at the median can be misleading because it hides the spread. The percentiles below describe the cumulative federal debt distribution for borrowers at Paul Mitchell the School East Bay.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,750 |
| 25th percentile | $5,548 |
| 75th percentile | $17,667 |
| 90th percentile (highest-debt students) | $17,667 |
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 | $10,297 |
| Middle income | $10,522 |
| High income | $10,556 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $10,547 |
| Continuing-generation students | $9,500 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $10,512 |
| Independent students | $12,279 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. Paul Mitchell the School East Bay.
The Stafford loan program is the largest source of federal direct loans to undergraduates. Below is the annual Stafford program activity at Paul Mitchell the School East Bay:
| Metric | Value |
|---|---|
| Stafford loan recipients | 1457 |
| Total Stafford loan amount | $15,305,685 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 0 |
| Total GI Bill amount | $0 |
References
More about our data sources and methodologies.