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Paul Mitchell the School Farmington Hills Financial Aid and Scholarship Details

72% Freshmen Get Financial Aid
$5,491 Average Grant & Scholarship
56% Undergrads Get Grant Aid

A large number of 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 total cost of going to Paul Mitchell the School Farmington Hills can seem overwhelming, but bear in mind that many students are given some form of financial aid.

Just what financing solutions does Paul Mitchell the School Farmington Hills provide, and just what are you going to be eligible for? Keep scrolling for answers. Keep going to see how much school funding could be available to you.

Importance of Paul Mitchell the School Farmington Hills Financial Aid Information

The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. The figures below will help you estimate the aid you might receive from Paul Mitchell the School Farmington Hills.

Financial Aid for First-Year Students at Paul Mitchell the School Farmington Hills

Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Note that some aid is more valuable than the rest, and individual awards are far from uniform.

At Paul Mitchell the School Farmington Hills, 72% of the incoming full-time class was awarded financial aid (about 13 new students).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)56%$6,660
Institutional grants & scholarships0%
Federal Pell grants56%$6,660
State/local grants0%
Federal student loans72%$9,474

Scholarship and Grant Awards at Paul Mitchell the School Farmington Hills

The best aid is gift aid: grants and scholarships that carry no repayment obligation. Across the undergraduate body at Paul Mitchell the School Farmington Hills, approximately 56% of undergraduates were awarded an average grant or scholarship of $5,491 (across roughly 79 recipients).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)56%$5,491
Federal Pell grants56%$5,445
Federal student loans57%$7,898

On-campus students receiving title-IV aid were awarded grants averaging $5,123.

What Families Pay by Income at Paul Mitchell the School Farmington Hills

How much a family pays depends heavily on income, because most aid is awarded on the basis of financial need.

Family IncomeAverage Net Price
$0 – $48,000$23,039
$30,001 – $75,000$22,071
Over $75,000$25,842

Remember these are net prices — what families pay after gift aid, not before.

The Real Cost of Attending Paul Mitchell the School Farmington Hills

The net price strips out grant and scholarship aid from the sticker price to show roughly what families really pay.

CohortAverage Net Price
On-campus title-IV students$20,192
Off-campus title-IV students$23,226

For a customized cost estimate, visit Paul Mitchell the School Farmington Hills’s net price tool: paulmitchell.edu/farmingtonhills/tuition-calculator.

Typical Student Debt at Paul Mitchell the School Farmington Hills

The median federal debt load at Paul Mitchell the School Farmington Hills comes to $9,833 of federal student loans.

MetricAmount
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

The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.

Median Debt by Student Group at Paul Mitchell the School Farmington Hills

Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.

Median Debt by Income Bracket

Income tierMedian federal debt
Low income$9,833
Middle income$9,833
High income$9,833

First-Gen vs Continuing-Gen Median Debt

CohortMedian federal debt
First-generation students$9,833
Continuing-generation students$9,833

Dependency-Status Comparison

CohortMedian federal debt
Dependent students$9,833
Independent students$13,369

Is the Debt Manageable?

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

Federal Loan Volume at Paul Mitchell the School Farmington Hills

Most undergraduate borrowing runs through the federal Stafford loan program. Below is the annual Stafford program activity at Paul Mitchell the School Farmington Hills:

MetricValue
Stafford loan recipients389
Total Stafford loan amount$3,640,345

Paul Mitchell the School Farmington Hills Financial Aid Resources

References

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