by our College Data Analytics TeamMost 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 sum total of attendance at Paul Mitchell the School Louisville can sound overpowering, but remember that the majority of students get some type of financial assistance.
Just what financing solutions does Paul Mitchell the School Louisville deliver, and just what are you going to be eligible for? Keep scrolling for answers. Scroll down to discover what amount of financial assistance could be accessible to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. The information provided on this page can help you determine how much aid you may receive from Paul Mitchell the School Louisville.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
Looking at the entering class at Paul Mitchell the School Louisville, 70% of new full-time first-years were awarded at least some aid (about 76 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 50% | $5,155 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 50% | $5,155 |
| State/local grants | 0% | — |
| Federal student loans | 64% | $7,639 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. Here, about 43% of the undergraduate population received grant aid that averaged $5,508 (across roughly 150 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 43% | $5,508 |
| Federal Pell grants | 43% | $5,071 |
| Federal student loans | 50% | $7,163 |
For students living on campus and receiving title-IV aid, grants averaged $3,859.
The figures below show the average net price — cost after all grant and scholarship aid — broken out by family income.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $26,643 |
| $30,001 – $75,000 | $30,012 |
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 | $29,401 |
| Off-campus title-IV students | $26,643 |
For a personalized estimate based on your family’s financial situation, use Paul Mitchell the School Louisville’s official net price calculator: paulmitchell.edu/louisville/tuition-calculator.
The median federal debt load at Paul Mitchell the School Louisville comes to $9,833 in federal loans.
| Metric | Amount |
|---|---|
| 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 |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
The numbers below show the full range, not just the middle of the distribution. The four reference points below map the debt distribution at Paul Mitchell the School Louisville.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,750 |
| 25th percentile | $5,500 |
| 75th percentile | $14,000 |
| 90th percentile (highest-debt students) | $20,000 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $9,833 |
| Middle income | $9,833 |
| High income | $9,833 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,833 |
| Continuing-generation students | $9,833 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $9,833 |
| Independent students | $16,500 |
These indicators are derived from the underlying debt data and summarize the overall picture at Paul Mitchell the School Louisville.
Stafford loans make up the bulk of federal direct lending to undergraduates. Below is the annual Stafford program activity at Paul Mitchell the School Louisville:
| Metric | Value |
|---|---|
| Stafford loan recipients | 1536 |
| Total Stafford loan amount | $17,082,768 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 0 |
| Total GI Bill amount | $0 |
References
More about our data sources and methodologies.