by our College Data Analytics TeamThe majority of 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 cost of going to Paul Mitchell the School Murfreesboro can seem overpowering, but remember that the majority of students are given some form of financial assistance.
What financial assistance options will Paul Mitchell the School Murfreesboro offer you, and what will you qualify for? Read on for more information. Scroll down to find out just how much financial aid will be open to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. The figures below will help you estimate the aid you might receive from Paul Mitchell the School Murfreesboro.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
For incoming first-year students at Paul Mitchell the School Murfreesboro, 81% of the incoming full-time class was awarded financial aid some 50 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 56% | $6,167 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 56% | $6,167 |
| State/local grants | 0% | — |
| Federal student loans | 79% | $6,939 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. At Paul Mitchell the School Murfreesboro, approximately 46% of undergrads got grants or scholarships worth on average $5,760 (covering around 167 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 46% | $5,760 |
| Federal Pell grants | 46% | $5,760 |
| Federal student loans | 47% | $7,021 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $4,736.
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 | $20,915 |
Each figure is the net price after grants and scholarships, not the published sticker price.
The net price represents the average annual cost a title-IV-receiving student pays after grant aid is subtracted from the full cost of attendance.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $18,716 |
| Off-campus title-IV students | $20,915 |
To get a personalized net price estimate, try Paul Mitchell the School Murfreesboro’s online cost calculator: school.paulmitchell.edu/murfreesboro-tn/programs.
Graduating students at Paul Mitchell the School Murfreesboro carry a median federal student debt of $7,917 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $7,917 |
| Median federal debt (graduates only) | $7,917 |
| Typical 10-year monthly payment (graduates) | $83.93/mo |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
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 Murfreesboro.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,500 |
| 25th percentile | $5,500 |
| 75th percentile | $16,298 |
| 90th percentile (highest-debt students) | $16,500 |
Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $7,917 |
| Middle income | $7,917 |
| High income | $5,500 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $7,917 |
| Continuing-generation students | $7,917 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $7,917 |
These indicators are derived from the underlying debt data and summarize the overall picture at Paul Mitchell the School Murfreesboro.
The Stafford program is the federal direct-loan vehicle most undergraduates use. The aggregate figures below show how active the program is at Paul Mitchell the School Murfreesboro:
| Metric | Value |
|---|---|
| Stafford loan recipients | 2979 |
| Total Stafford loan amount | $29,630,852 |
The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 5 |
| Total GI Bill amount | $48,883 |
| Average GI Bill amount per recipient | $9,777 |
References
More about our data sources and methodologies.