by our College Data Analytics TeamMany students are not billed 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 price of attendance at Paul Mitchell the School Knoxville can feel overwhelming, but bear in mind that many students receive some sort of financial aid.
What financial assistance options will Paul Mitchell the School Knoxville offer you, and what will you qualify for? Read on for more information. Read on to find out what amount of financial assistance will be accessible to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. Continue reading to find information to help you understand just how much assistance you can expect to receive from Paul Mitchell the School Knoxville.
Financial aid, in the form of loans, grants, work-study, and scholarships, is one way colleges reduce the cost of attendance so most students can actually afford to attend. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
For incoming first-year students at Paul Mitchell the School Knoxville, 96% of the incoming full-time class was awarded financial aid roughly 22 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 87% | $6,993 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 87% | $6,993 |
| State/local grants | 0% | — |
| Federal student loans | 96% | $8,258 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. At Paul Mitchell the School Knoxville, about 56% of undergraduate students received gift aid averaging $5,750 (covering around 88 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 56% | $5,750 |
| Federal Pell grants | 56% | $5,750 |
| Federal student loans | 56% | $7,589 |
For students living on campus and receiving title-IV aid, grants averaged $6,311.
Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $21,558 |
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 | $22,828 |
| Off-campus title-IV students | $21,558 |
For an estimate tailored to your family circumstances, see Paul Mitchell the School Knoxville’s online cost calculator: paulmitchell.edu/knoxville/programs/cosmetology.
A typical borrower at Paul Mitchell the School Knoxville leaves with $9,833 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $9,833 |
| Median federal debt (graduates only) | $13,833 |
| Typical 10-year monthly payment (graduates) | $146.65/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
The median alone does not show how widely outcomes vary across the student body. The percentiles below describe the cumulative federal debt distribution for borrowers at Paul Mitchell the School Knoxville.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,134 |
| 25th percentile | $6,195 |
| 75th percentile | $16,500 |
| 90th percentile (highest-debt students) | $16,500 |
Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $9,833 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,833 |
| Continuing-generation students | $9,833 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $8,899 |
| Independent students | $15,053 |
A handful of calculated indicators summarize the debt outlook at Paul Mitchell the School Knoxville.
The Stafford program is the federal direct-loan vehicle most undergraduates use. These figures summarize annual Stafford program activity at Paul Mitchell the School Knoxville:
| Metric | Value |
|---|---|
| Stafford loan recipients | 1152 |
| Total Stafford loan amount | $12,771,168 |
If you are a veteran or active-duty service member, the GI Bill and DoD Tuition Assistance are the primary federal programs you can use at this school.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 2 |
| Total GI Bill amount | $30,177 |
| Average GI Bill amount per recipient | $15,089 |
References
More about our data sources and methodologies.