by our College Data Analytics TeamMany 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 total cost of going to Paul Mitchell the School Houston can seem tremendous, but do not forget that almost all students are given some form of financial help.
Just what financial assistance solutions will Paul Mitchell the School Houston provide, and just what are you going to be eligible for? Read on for answers. Scroll down to discover what amount of financial assistance could be accessible to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. The information provided on this page can help you determine how much aid you may receive from Paul Mitchell the School Houston.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. 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 Houston, 82% of first-time, full-time freshmen received some form of financial aid around 64 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 62% | $8,909 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 62% | $8,909 |
| State/local grants | 0% | — |
| Federal student loans | 62% | $6,276 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. Here, roughly 56% of undergraduates were awarded grant or scholarship aid averaging $7,458 (among about 292 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 56% | $7,458 |
| Federal Pell grants | 53% | $6,799 |
| Federal student loans | 48% | $6,465 |
On-campus students receiving title-IV aid were awarded grants averaging $6,399.
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 | $20,456 |
| $30,001 – $75,000 | $22,517 |
| Over $75,000 | $25,098 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
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 | $24,814 |
| Off-campus title-IV students | $18,421 |
For an estimate tailored to your family circumstances, see Paul Mitchell the School Houston’s online cost calculator: paulmitchell.edu/houston/tuition-calculator.
The middle student in the debt distribution at Paul Mitchell the School Houston owes $9,500 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $9,500 |
| Median federal debt (graduates only) | $11,336 |
| Typical 10-year monthly payment (graduates) | $120.18/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 four reference points below map the debt distribution at Paul Mitchell the School Houston.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,130 |
| 25th percentile | $5,500 |
| 75th percentile | $15,892 |
| 90th percentile (highest-debt students) | $16,500 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $9,500 |
| Middle income | $9,833 |
| High income | $9,833 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,833 |
| Continuing-generation students | $9,500 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $9,292 |
| Independent students | $10,666 |
A handful of calculated indicators summarize the debt outlook at Paul Mitchell the School Houston.
The Stafford program is the federal direct-loan vehicle most undergraduates use. These figures summarize annual Stafford program activity at Paul Mitchell the School Houston:
| Metric | Value |
|---|---|
| Stafford loan recipients | 3267 |
| Total Stafford loan amount | $33,688,843 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
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.