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.
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.
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 Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 91% | $4,043 |
| Institutional grants & scholarships | 76% | $1,166 |
| Federal Pell grants | 53% | $4,667 |
| State/local grants | 2% | $8,000 |
| Federal student loans | 66% | $6,417 |
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 Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 67% | $4,402 |
| Federal Pell grants | 48% | $4,704 |
| Federal student loans | 51% | $6,558 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $5,869.
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 | $18,012 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
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 | $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.
The median federal debt load at Paul Mitchell the School Rexburg comes to $8,750 in federal student debt.
| Metric | Amount |
|---|---|
| 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 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.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,750 |
| 25th percentile | $4,750 |
| 75th percentile | $12,609 |
| 90th percentile (highest-debt students) | $20,000 |
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 | $9,500 |
| Middle income | $7,640 |
| High income | $10,404 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $8,948 |
| Continuing-generation students | $7,058 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $7,303 |
| Independent students | $9,500 |
A handful of calculated indicators summarize the debt outlook 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:
| Metric | Value |
|---|---|
| Stafford loan recipients | 1016 |
| Total Stafford loan amount | $10,410,803 |
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 | 2 |
| Total GI Bill amount | $38,019 |
| Average GI Bill amount per recipient | $19,010 |
References
More about our data sources and methodologies.