by our College Data Analytics TeamThe majority of students are not billed the full sticker price of a school. Rather, they are offered a financial aid plan that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The sum total of attendance at Paul Mitchell the School Phoenix can sound overwhelming, but bear in mind that many students get some type of financial aid.
Just what financial assistance solutions will Paul Mitchell the School Phoenix provide, and just what are you going to be eligible for? Read on for answers. Read on to discover just how much financial aid could be open to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. Continue reading to find information to help you understand just how much assistance you can expect to receive from Paul Mitchell the School Phoenix.
Financial aid, in the form of loans, grants, work-study, and scholarships, is one way colleges reduce the cost of attendance so most students can actually afford to attend. 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 Phoenix, 100% of the incoming full-time class was awarded financial aid approximately 47 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 98% | $5,601 |
| Institutional grants & scholarships | 89% | $1,359 |
| Federal Pell grants | 74% | $5,731 |
| State/local grants | 0% | — |
| Federal student loans | 87% | $7,237 |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. At this school, approximately 72% of undergrads got grants or scholarships worth on average $5,034 (across roughly 173 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 72% | $5,034 |
| Federal Pell grants | 54% | $5,087 |
| Federal student loans | 55% | $6,403 |
On-campus students receiving title-IV aid were awarded grants averaging $4,577.
Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $16,828 |
| $30,001 – $75,000 | $16,652 |
| Over $75,000 | $23,793 |
Remember these are net prices — what families pay after gift aid, not before.
Net price is the cost remaining after grant and scholarship aid is subtracted from the sticker price, and it is the most useful single number for estimating real cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $20,861 |
| Off-campus title-IV students | $19,452 |
For a customized cost estimate, visit Paul Mitchell the School Phoenix’s net price tool: paulmitchell.edu/phoenix/tuition-calculator.
The median federal debt load at Paul Mitchell the School Phoenix comes to $11,200 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $11,200 |
| Median federal debt (graduates only) | $16,779 |
| Typical 10-year monthly payment (graduates) | $177.89/mo |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.
The numbers below show the full range, not just the middle of the distribution. Use the percentiles below to see the debt range at Paul Mitchell the School Phoenix.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,750 |
| 25th percentile | $8,066 |
| 75th percentile | $17,667 |
| 90th percentile (highest-debt students) | $17,667 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $12,792 |
| Middle income | $13,006 |
| High income | $10,556 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $10,556 |
| Independent students | $16,763 |
These indicators are derived from the underlying debt data and summarize the overall picture at Paul Mitchell the School Phoenix.
The Stafford loan program is the largest source of federal direct loans to undergraduates. These figures summarize annual Stafford program activity at Paul Mitchell the School Phoenix:
| Metric | Value |
|---|---|
| Stafford loan recipients | 957 |
| Total Stafford loan amount | $11,510,351 |
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 8 |
| Total GI Bill amount | $106,343 |
| Average GI Bill amount per recipient | $13,293 |
References
More about our data sources and methodologies.