by our College Data Analytics TeamThe majority of students will never be charged 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 sum total of attendance at Paul Mitchell the School Raleigh can sound tremendous, but do not forget that almost all students get some type of financial help.
Just what financial aid solutions can Paul Mitchell the School Raleigh provide, and just what are you going to be eligible for? Keep reading for answers. Scroll down to learn 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. Continue reading to find information to help you understand just how much assistance you can expect to receive from Paul Mitchell the School Raleigh.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
Looking at the entering class at Paul Mitchell the School Raleigh, 84% of new full-time first-years were awarded at least some aid (about 21 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 68% | $6,473 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 68% | $6,473 |
| State/local grants | 0% | — |
| Federal student loans | 68% | $7,478 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. At this school, approximately 63% of undergrads got grants or scholarships worth on average $6,974 (covering around 125 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 63% | $6,974 |
| Federal Pell grants | 61% | $5,889 |
| Federal student loans | 57% | $7,957 |
For on-campus title-IV students, average grant aid came to $5,240.
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 | $17,979 |
| $30,001 – $75,000 | $16,561 |
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 | $18,166 |
| Off-campus title-IV students | $17,979 |
For a personalized estimate based on your family’s financial situation, use Paul Mitchell the School Raleigh’s online cost calculator: paulmitchell.edu/raleigh/tuition-calculator.
Graduating students at Paul Mitchell the School Raleigh carry a median federal student debt of $9,833 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $9,833 |
| Median federal debt (graduates only) | $10,500 |
| Typical 10-year monthly payment (graduates) | $111.32/mo |
The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.
Looking only at the median can be misleading because it hides the spread. These percentiles trace how cumulative federal debt is spread among borrowers at Paul Mitchell the School Raleigh.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,303 |
| 25th percentile | $6,341 |
| 75th percentile | $16,500 |
| 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 | $9,833 |
| Middle income | $9,833 |
| High income | $9,667 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,833 |
| Continuing-generation students | $9,833 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $9,500 |
| Independent students | $16,298 |
The figure below distills the debt data into a single burden category for Paul Mitchell the School Raleigh.
The Stafford program is the federal direct-loan vehicle most undergraduates use. These figures summarize annual Stafford program activity at Paul Mitchell the School Raleigh:
| Metric | Value |
|---|---|
| Stafford loan recipients | 890 |
| Total Stafford loan amount | $9,501,489 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 0 |
| Total GI Bill amount | $0 |
References
More about our data sources and methodologies.