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Paul Mitchell the School North Haven Financial Aid Details

85% Freshmen Get Financial Aid
$4,586 Average Grant & Scholarship
53% Undergrads Get Grant Aid

Most 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 price tag of going to Paul Mitchell the School North Haven can appear overwhelming, but bear in mind that many students obtain some kind of financial aid.

What financial aid options can Paul Mitchell the School North Haven offer, and what will you qualify for? Keep reading for more information. Keep going to see what amount of financial assistance could be accessible to you.

Understanding Paul Mitchell the School North Haven Financial Aid Information

How much aid you qualify for depends largely on your family’s financial circumstances. Read on to get a sense of the financial assistance available at Paul Mitchell the School North Haven.

Financial Aid for First-Year Students at Paul Mitchell the School North Haven

Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. However, some types of aid are more desirable than others, and some students will receive more than others.

At Paul Mitchell the School North Haven, 85% of first-time, full-time freshmen received some form of financial aid roughly 29 students).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)85%$3,854
Institutional grants & scholarships9%$500
Federal Pell grants76%$4,241
State/local grants0%
Federal student loans85%$10,401

Grant Aid for Undergraduates at Paul Mitchell the School North Haven

The best aid is gift aid: grants and scholarships that carry no repayment obligation. At Paul Mitchell the School North Haven, about 53% of undergrads got grants or scholarships worth on average $4,586 (among about 173 undergraduates).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)53%$4,586
Federal Pell grants44%$4,877
Federal student loans49%$6,323

Title-IV recipients living on campus saw average grant aid of $3,802.

What Families Pay by Income at Paul Mitchell the School North Haven

Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.

Family IncomeAverage Net Price
$0 – $48,000$13,121
Over $75,000$17,260

Each figure is the net price after grants and scholarships, not the published sticker price.

Net Price at Paul Mitchell the School North Haven

The net price strips out grant and scholarship aid from the sticker price to show roughly what families really pay.

CohortAverage Net Price
On-campus title-IV students$28,813
Off-campus title-IV students$13,534

For an estimate tailored to your family circumstances, see Paul Mitchell the School North Haven’s online cost calculator: paulmitchell.edu/northhaven/tuition-calculator.

Typical Student Debt at Paul Mitchell the School North Haven

The median federal debt load at Paul Mitchell the School North Haven comes to $6,333 of federal student loans.

MetricAmount
Median federal debt (all student-aid borrowers)$6,333
Median federal debt (graduates only)$6,333
Typical 10-year monthly payment (graduates)$67.14/mo

Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.

Debt Spread by Percentile

The numbers below show the full range, not just the middle of the distribution. The figures below chart the debt distribution at Paul Mitchell the School North Haven.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$4,750
25th percentile$7,439
75th percentile$14,100
90th percentile (highest-debt students)$16,500

Student Debt by Cohort at Paul Mitchell the School North Haven

How much a student borrows depends heavily on family income, first-gen status, and dependency.

Debt by Income Tier

Income tierMedian federal debt
Low income$6,333
Middle income$6,333
High income$9,831

First-Generation Comparison

CohortMedian federal debt
First-generation students$6,333
Continuing-generation students$8,500

Dependency-Status Comparison

CohortMedian federal debt
Dependent students$7,666
Independent students$6,333

Debt Burden Indicators

The Department of Education computes summary indicators that describe debt outcomes at a glance. Paul Mitchell the School North Haven.

Federal Loan Volume at Paul Mitchell the School North Haven

Stafford loans are the federal government’s primary direct undergraduate lending program. Below is the annual Stafford program activity at Paul Mitchell the School North Haven:

MetricValue
Stafford loan recipients1511
Total Stafford loan amount$13,355,579

GI Bill and DoD Benefits at Paul Mitchell the School North Haven

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.

Post-9/11 GI Bill recipients

MetricValue
GI Bill recipients5
Total GI Bill amount$43,961
Average GI Bill amount per recipient$8,792

External Resources for Paul Mitchell the School North Haven

References

More about our data sources and methodologies.

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