by our College Data Analytics TeamA lot of 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 price of attendance at Paul Mitchell the School Madison can feel tremendous, but do not forget that almost all students receive some sort of financial help.
Just what financing solutions does Paul Mitchell the School Madison provide, and just what are you going to be eligible for? Keep scrolling for answers. Scroll down to discover just how much financial aid could be open to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. Use the information below to understand how much financial assistance you may get from Paul Mitchell the School Madison.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
For freshmen starting at Paul Mitchell the School Madison, 93% of the incoming full-time class was awarded financial aid around 37 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 70% | $3,584 |
| Institutional grants & scholarships | 28% | $818 |
| Federal Pell grants | 48% | $4,808 |
| State/local grants | 0% | — |
| Federal student loans | 53% | $5,099 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. Across the undergraduate body at Paul Mitchell the School Madison, around 48% of undergraduates were awarded grant or scholarship aid averaging $4,590 (across approximately 44 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 48% | $4,590 |
| Federal Pell grants | 34% | $4,783 |
| Federal student loans | 40% | $4,940 |
Title-IV recipients living on campus saw average grant aid of $2,418.
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 | $23,365 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
After grants and scholarships come off the published price, what remains is the net price — the best estimate of true out-of-pocket cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $24,453 |
| Off-campus title-IV students | $23,365 |
For an estimate tailored to your family circumstances, see Paul Mitchell the School Madison’s online cost calculator: paulmitchell.edu/madison/tuition-calculator.
The median student at Paul Mitchell the School Madison graduates with $9,500 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $9,500 |
| Median federal debt (graduates only) | $10,194 |
| Typical 10-year monthly payment (graduates) | $108.07/mo |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown 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 Madison.
| Percentile | Cumulative Federal Debt |
|---|---|
| 25th percentile | $7,420 |
| 75th percentile | $16,173 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $9,500 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $8,449 |
| Independent students | $9,500 |
The figure below distills the debt data into a single burden category for Paul Mitchell the School Madison.
Most undergraduate borrowing runs through the federal Stafford loan program. These figures summarize annual Stafford program activity at Paul Mitchell the School Madison:
| Metric | Value |
|---|---|
| Stafford loan recipients | 402 |
| Total Stafford loan amount | $4,892,665 |
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 | 0 |
| Total GI Bill amount | $0 |
References
More about our data sources and methodologies.