by our College Data Analytics TeamA large number of 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 Jessup can feel tremendous, but do not forget that almost all students receive some sort of financial help.
What financial assistance options will Paul Mitchell the School Jessup offer you, and what will you qualify for? Read on for more information. Keep going to find out how much school funding will be available to you.
How much aid you qualify for depends largely on your family’s financial circumstances. The information provided on this page can help you determine how much aid you may receive from Paul Mitchell the School Jessup.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
Looking at the entering class at Paul Mitchell the School Jessup, 100% of new full-time first-years were awarded at least some aid (about 110 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $4,626 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 100% | $4,538 |
| State/local grants | 6% | $1,375 |
| Federal student loans | 95% | $5,745 |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. At Paul Mitchell the School Jessup, some 72% of undergraduates were awarded an average grant or scholarship of $3,635 (covering around 140 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 72% | $3,635 |
| Federal Pell grants | 58% | $4,457 |
| Federal student loans | 59% | $5,245 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $3,950.
How much a family pays depends heavily on income, because most aid is awarded on the basis of financial need.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $18,085 |
| $30,001 – $75,000 | $19,613 |
| Over $75,000 | $21,003 |
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 | $19,011 |
| Off-campus title-IV students | $18,969 |
For a customized cost estimate, visit Paul Mitchell the School Jessup’s net price tool: paulmitchell.edu/jessup/programs/cosmetology.
Graduating students at Paul Mitchell the School Jessup carry a median federal student debt of $6,333 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $6,333 |
| Median federal debt (graduates only) | $9,500 |
| Typical 10-year monthly payment (graduates) | $100.72/mo |
The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.
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 Jessup.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,000 |
| 25th percentile | $5,500 |
| 75th percentile | $12,000 |
| 90th percentile (highest-debt students) | $15,892 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $6,333 |
| Middle income | $6,333 |
| High income | $9,472 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $6,333 |
| Continuing-generation students | $6,333 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $6,333 |
| Independent students | $6,333 |
A handful of calculated indicators summarize the debt outlook at Paul Mitchell the School Jessup.
Most undergraduate borrowing runs through the federal Stafford loan program. The annual Stafford volume below reflects program activity at Paul Mitchell the School Jessup:
| Metric | Value |
|---|---|
| Stafford loan recipients | 1666 |
| Total Stafford loan amount | $14,340,312 |
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 4 |
| Total GI Bill amount | $57,300 |
| Average GI Bill amount per recipient | $14,325 |
References
More about our data sources and methodologies.