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Paul Mitchell the School Grand Rapids Financial Aid & Debt Outcomes

74% Freshmen Get Financial Aid
$5,288 Average Grant & Scholarship
42% Undergrads Get Grant Aid

Most students are not billed the advertised price of a school. Instead, they will be provided a financial aid package that will include a combination of scholarships, grants, loans, and work-study. The total price of attendance at Paul Mitchell the School Grand Rapids can feel overwhelming, but bear in mind that many students receive some sort of financial aid.

Just what financial assistance solutions will Paul Mitchell the School Grand Rapids deliver, and just what are you going to be eligible for? Read on for answers. Keep scrolling to discover what amount of financial assistance could be accessible to you.

Understanding Paul Mitchell the School Grand Rapids Aid Information

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 Grand Rapids.

What First Years Receive at Paul Mitchell the School Grand Rapids

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.

Among first-time, full-time freshmen at Paul Mitchell the School Grand Rapids, 74% of the incoming full-time class was awarded financial aid roughly 17 new students).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)57%$4,932
Institutional grants & scholarships4%$500
Federal Pell grants52%$5,302
State/local grants0%
Federal student loans74%$8,490

Scholarship and Grant Awards at Paul Mitchell the School Grand Rapids

Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. Across the undergraduate body at Paul Mitchell the School Grand Rapids, around 42% of undergraduates were awarded grant or scholarship aid averaging $5,288 (across approximately 50 awardees).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)42%$5,288
Federal Pell grants40%$4,873
Federal student loans57%$6,800

Title-IV recipients living on campus saw average grant aid of $3,772.

What Families Pay by Income at Paul Mitchell the School Grand Rapids

Need-based aid means lower-income families typically pay far less than the sticker price suggests.

Family IncomeAverage Net Price
$0 – $48,000$14,465

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

The Real Cost of Attending Paul Mitchell the School Grand Rapids

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$22,902
Off-campus title-IV students$14,465

For a personalized estimate based on your family’s financial situation, use Paul Mitchell the School Grand Rapids’s net price tool: paulmitchell.edu/grandrapids/tuition-calculator.

Typical Student Debt at Paul Mitchell the School Grand Rapids

The middle student in the debt distribution at Paul Mitchell the School Grand Rapids owes $7,977 of cumulative federal debt.

MetricAmount
Median federal debt (all student-aid borrowers)$7,977
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.

The Range of Student Debt at this School

A single median figure conceals how much debt outcomes differ student to student. The four reference points below map the debt distribution at Paul Mitchell the School Grand Rapids.

PercentileCumulative Federal Debt
25th percentile$4,750
75th percentile$9,833

Debt by Student Cohort at Paul Mitchell the School Grand Rapids

Median debt varies by family income, by first-generation status, and by dependency status.

By Family Income

Income tierMedian federal debt
Low income$8,287
Middle income$7,360
High income$9,159

First-Gen vs Continuing-Gen Median Debt

CohortMedian federal debt
First-generation students$7,666
Continuing-generation students$9,814

Dependent vs Independent Students

CohortMedian federal debt
Dependent students$7,666
Independent students$9,500

Calculated Debt-Outcome Indicators

Federal data publishes pre-calculated indicators that summarize debt outcomes. Paul Mitchell the School Grand Rapids.

Stafford Loan Activity at Paul Mitchell the School Grand Rapids

Stafford loans make up the bulk of federal direct lending to undergraduates. Below is the annual Stafford program activity at Paul Mitchell the School Grand Rapids:

MetricValue
Stafford loan recipients362
Total Stafford loan amount$2,828,904

Military and Veterans Aid at Paul Mitchell the School Grand Rapids

Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.

GI Bill volume

MetricValue
GI Bill recipients0
Total GI Bill amount$0

External Resources for Paul Mitchell the School Grand Rapids

References

More about our data sources and methodologies.

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