by our College Data Analytics TeamA lot of students will not be asked to pay 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 Reno can seem tremendous, but do not forget that almost all students are given some form of financial help.
What financial aid options can Paul Mitchell the School Reno offer you, and what will you qualify for? Keep reading for more information. Keep scrolling to find out what amount of financial assistance will be accessible to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. Read on to get a sense of the financial assistance available at Paul Mitchell the School Reno.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
For freshmen starting at Paul Mitchell the School Reno, 86% of first-time, full-time freshmen received some form of financial aid (about 59 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 64% | $5,374 |
| Institutional grants & scholarships | 3% | $375 |
| Federal Pell grants | 62% | $5,412 |
| State/local grants | 1% | $3,000 |
| Federal student loans | 77% | $7,582 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. Here, roughly 49% of undergrads got grants or scholarships worth on average $5,060 (covering around 144 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 49% | $5,060 |
| Federal Pell grants | 47% | $4,980 |
| Federal student loans | 47% | $7,232 |
Title-IV recipients living on campus saw average grant aid of $4,053.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $20,951 |
| $30,001 – $75,000 | $24,099 |
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 | $27,899 |
| Off-campus title-IV students | $20,951 |
To project your own net price, use Paul Mitchell the School Reno’s online cost calculator: paulmitchell.edu/reno/tuition-calculator.
A typical borrower at Paul Mitchell the School Reno leaves with $8,149 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $8,149 |
| Median federal debt (graduates only) | $10,500 |
| Typical 10-year monthly payment (graduates) | $111.32/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
The numbers below show the full range, not just the middle of the distribution. These percentiles trace how cumulative federal debt is spread among borrowers at Paul Mitchell the School Reno.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,500 |
| 25th percentile | $4,750 |
| 75th percentile | $12,000 |
| 90th percentile (highest-debt students) | $16,500 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $9,500 |
| Middle income | $8,089 |
| High income | $6,667 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $8,339 |
| Continuing-generation students | $8,149 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $10,449 |
| Independent students | $6,616 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. Paul Mitchell the School Reno.
Stafford loans make up the bulk of federal direct lending to undergraduates. These figures summarize annual Stafford program activity at Paul Mitchell the School Reno:
| Metric | Value |
|---|---|
| Stafford loan recipients | 1142 |
| Total Stafford loan amount | $10,628,364 |
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 | 9 |
| Total GI Bill amount | $68,376 |
| Average GI Bill amount per recipient | $7,597 |
References
More about our data sources and methodologies.