by our College Data Analytics TeamA lot 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 price tag of going to Paul Mitchell the School Pasadena can appear overwhelming, but bear in mind that many students obtain some kind of financial aid.
Just what financial assistance solutions will Paul Mitchell the School Pasadena provide, and just what are you going to be eligible for? Read on for answers. Keep going to find out how much school funding will be available to you.
How much aid you qualify for depends largely on your family’s financial circumstances. Continue reading to find information to help you understand just how much assistance you can expect to receive from Paul Mitchell the School Pasadena.
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.
For incoming first-year students at Paul Mitchell the School Pasadena, 50% of new full-time first-years were awarded at least some aid some 3 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 50% | $5,142 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 50% | $5,007 |
| State/local grants | 0% | — |
| Federal student loans | 17% | $5,500 |
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 Pasadena, some 46% of undergraduate students received gift aid averaging $5,862 (across approximately 146 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 46% | $5,862 |
| Federal Pell grants | 42% | $4,507 |
| Federal student loans | 35% | $6,602 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $5,796.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $31,193 |
| $30,001 – $75,000 | $30,626 |
Each figure is the net price after grants and scholarships, not the published sticker price.
Net price is the average annual cost after grants and scholarships are subtracted from the published cost of attendance — the figure closest to what a typical aid-receiving student actually pays.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $26,022 |
| Off-campus title-IV students | $30,966 |
For a personalized estimate based on your family’s financial situation, use Paul Mitchell the School Pasadena’s official net price calculator: paulmitchell.edu/pasadena/tuition-calculator.
The median federal debt load at Paul Mitchell the School Pasadena comes to $6,333 of cumulative federal debt.
| Metric | Amount |
|---|---|
| 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.
The median alone does not show how widely outcomes vary across the student body. The four reference points below map the debt distribution at Paul Mitchell the School Pasadena.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,666 |
| 25th percentile | $5,500 |
| 75th percentile | $14,541 |
| 90th percentile (highest-debt students) | $17,667 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $6,333 |
| Middle income | $6,333 |
| High income | $5,500 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $6,333 |
| Continuing-generation students | $6,333 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $6,333 |
These indicators are derived from the underlying debt data and summarize the overall picture at Paul Mitchell the School Pasadena.
Stafford loans are the federal government’s primary direct undergraduate lending program. The aggregate figures below show how active the program is at Paul Mitchell the School Pasadena:
| Metric | Value |
|---|---|
| Stafford loan recipients | 1524 |
| Total Stafford loan amount | $14,991,580 |
The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 21 |
| Total GI Bill amount | $36,936 |
| Average GI Bill amount per recipient | $1,759 |
References
More about our data sources and methodologies.