by our College Data Analytics TeamMost students will never be charged the full, advertised sticker price of a school. Instead, they will be given a financial aid offer that will include a combination of scholarships, grants, loans, and work-study. The sum total of attendance at Paul Mitchell the School Missouri Columbia can sound overwhelming, but bear in mind that many students get some type of financial aid.
Just what financial aid solutions can Paul Mitchell the School Missouri Columbia deliver, and just what are you going to be eligible for? Keep reading for answers. Keep reading to see what amount of financial assistance could be accessible to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. Continue reading to find information to help you understand just how much assistance you can expect to receive from Paul Mitchell the School Missouri Columbia.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. However, some types of aid are more desirable than others, and some students will receive more than others.
For freshmen starting at Paul Mitchell the School Missouri Columbia, 88% of entering full-time freshmen got some type of financial assistance (about 49 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 73% | $6,262 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 71% | $5,893 |
| State/local grants | 0% | — |
| Federal student loans | 64% | $7,429 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At Paul Mitchell the School Missouri Columbia, roughly 57% of the undergraduate population received grant aid that averaged $5,990 (across roughly 143 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 57% | $5,990 |
| Federal Pell grants | 56% | $5,170 |
| Federal student loans | 54% | $7,381 |
Title-IV recipients living on campus saw average grant aid of $5,980.
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 | $16,198 |
| $30,001 – $75,000 | $15,018 |
| Over $75,000 | $19,563 |
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 | $13,460 |
| Off-campus title-IV students | $16,681 |
For a personalized estimate based on your family’s financial situation, use Paul Mitchell the School Missouri Columbia’s net price tool: paulmitchell.edu/missouricolumbia/tuition-calculator.
The median student at Paul Mitchell the School Missouri Columbia graduates with $7,666 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $7,666 |
| Median federal debt (graduates only) | $9,500 |
| Typical 10-year monthly payment (graduates) | $100.72/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
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 Missouri Columbia.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,750 |
| 25th percentile | $5,500 |
| 75th percentile | $13,600 |
| 90th percentile (highest-debt students) | $16,500 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $8,807 |
| Middle income | $8,495 |
| High income | $5,500 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $7,792 |
| Continuing-generation students | $5,855 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $9,500 |
These indicators are derived from the underlying debt data and summarize the overall picture at Paul Mitchell the School Missouri Columbia.
Most undergraduate borrowing runs through the federal Stafford loan program. The annual Stafford volume below reflects program activity at Paul Mitchell the School Missouri Columbia:
| Metric | Value |
|---|---|
| Stafford loan recipients | 679 |
| Total Stafford loan amount | $6,280,223 |
References
More about our data sources and methodologies.