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Paul Mitchell the School Rexburg Paying for Your Degree

96% Freshmen Get Financial Aid
$4,402 Average Grant & Scholarship
67% Undergrads Get Grant Aid

Most students will not be asked to pay the advertised price of a school. Instead, they will be provided a financial aid package that will include a combination of scholarships, grants, loans, and work-study. The sum total of attendance at Paul Mitchell the School Rexburg can sound overwhelming, but bear in mind that many students get some type of financial aid.

What financing options does Paul Mitchell the School Rexburg offer, and what will you qualify for? Keep scrolling for more information. Keep reading to see just how much financial aid could be open to you.

Importance of Paul Mitchell the School Rexburg Financial Aid Info

The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. Use the information below to understand how much financial assistance you may get from Paul Mitchell the School Rexburg.

Typical First Year Financial Aid at Paul Mitchell the School Rexburg

Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Some kinds of aid are clearly preferable to others, and outcomes differ across students.

For freshmen starting at Paul Mitchell the School Rexburg, 96% of first-year full-time students received aid of some kind some 116 new students).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)91%$4,043
Institutional grants & scholarships76%$1,166
Federal Pell grants53%$4,667
State/local grants2%$8,000
Federal student loans66%$6,417

Undergraduate Grant Aid at Paul Mitchell the School Rexburg

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 Rexburg, about 67% of the undergraduate population received grant aid that averaged $4,402 (across approximately 250 students).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)67%$4,402
Federal Pell grants48%$4,704
Federal student loans51%$6,558

Among title-IV aid recipients living on campus, grant and scholarship aid averaged $5,869.

Aid by Income Level at Paul Mitchell the School Rexburg

The figures below show the average net price — cost after all grant and scholarship aid — broken out by family income.

Family IncomeAverage Net Price
$0 – $48,000$18,012

The numbers above are post-aid net prices, so they already account for grants and scholarships.

Net Price at Paul Mitchell the School Rexburg

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.

CohortAverage Net Price
On-campus title-IV students$21,759
Off-campus title-IV students$18,012

To project your own net price, use Paul Mitchell the School Rexburg’s NPC: paulmitchell.edu/rexburg/programs/cosmetology.

Student Debt Levels at Paul Mitchell the School Rexburg

The median federal debt load at Paul Mitchell the School Rexburg comes to $8,750 in federal student debt.

MetricAmount
Median federal debt (all student-aid borrowers)$8,750
Median federal debt (graduates only)$9,500
Typical 10-year monthly payment (graduates)$100.72/mo

That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.

The Range of Student Debt at this School

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 Rexburg.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$2,750
25th percentile$4,750
75th percentile$12,609
90th percentile (highest-debt students)$20,000

Debt by Student Cohort at Paul Mitchell the School Rexburg

Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.

Median Debt by Income Bracket

Income tierMedian federal debt
Low income$9,500
Middle income$7,640
High income$10,404

First-Generation Comparison

CohortMedian federal debt
First-generation students$8,948
Continuing-generation students$7,058

Dependent vs Independent Students

CohortMedian federal debt
Dependent students$7,303
Independent students$9,500

Summary Debt Indicators

A handful of calculated indicators summarize the debt outlook at Paul Mitchell the School Rexburg.

Student Loans at Paul Mitchell the School Rexburg

Stafford loans are the federal government’s primary direct undergraduate lending program. The annual Stafford volume below reflects program activity at Paul Mitchell the School Rexburg:

MetricValue
Stafford loan recipients1016
Total Stafford loan amount$10,410,803

GI Bill and DoD Benefits at Paul Mitchell the School Rexburg

The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.

GI Bill volume

MetricValue
GI Bill recipients2
Total GI Bill amount$38,019
Average GI Bill amount per recipient$19,010

References

More about our data sources and methodologies.

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