by our College Data Analytics TeamA lot 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 total price of attendance at Paul Mitchell the School Rhode Island can feel overwhelming, but bear in mind that many students receive some sort of financial aid.
Just what financial aid solutions can Paul Mitchell the School Rhode Island deliver, and just what are you going to be eligible for? Keep reading for answers. Scroll down to find out 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. The information provided on this page can help you determine how much aid you may receive from Paul Mitchell the School Rhode Island.
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. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
For incoming first-year students at Paul Mitchell the School Rhode Island, 69% of the incoming full-time class was awarded financial aid some 18 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 46% | $4,933 |
| Institutional grants & scholarships | 4% | $500 |
| Federal Pell grants | 42% | $5,336 |
| State/local grants | 0% | — |
| Federal student loans | 54% | $6,796 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. At Paul Mitchell the School Rhode Island, around 49% of undergrads got grants or scholarships worth on average $3,521 (across roughly 130 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 49% | $3,521 |
| Federal Pell grants | 38% | $4,189 |
| Federal student loans | 49% | $5,940 |
On-campus students receiving title-IV aid were awarded grants averaging $4,958.
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 | $30,084 |
| $30,001 – $75,000 | $34,411 |
| Over $75,000 | $34,811 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
The net price strips out grant and scholarship aid from the sticker price to show roughly what families really pay.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $25,666 |
| Off-campus title-IV students | $32,626 |
To get a personalized net price estimate, try Paul Mitchell the School Rhode Island’s net price tool: paulmitchell.edu/rhodeisland/tuition-calculator.
Graduating students at Paul Mitchell the School Rhode Island carry a median federal student debt of $9,500 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $9,500 |
| Median federal debt (graduates only) | $13,000 |
| Typical 10-year monthly payment (graduates) | $137.82/mo |
The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.
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 Rhode Island.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,596 |
| 25th percentile | $5,500 |
| 75th percentile | $13,000 |
| 90th percentile (highest-debt students) | $16,500 |
Median debt varies by family income, by first-generation status, and by dependency status.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $9,500 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $7,584 |
| Independent students | $12,587 |
A handful of calculated indicators summarize the debt outlook at Paul Mitchell the School Rhode Island.
Stafford loans are the federal government’s primary direct undergraduate lending program. The aggregate figures below show how active the program is at Paul Mitchell the School Rhode Island:
| Metric | Value |
|---|---|
| Stafford loan recipients | 1510 |
| Total Stafford loan amount | $14,122,711 |
If you are a veteran or active-duty service member, the GI Bill and DoD Tuition Assistance are the primary federal programs you can use at this school.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 0 |
| Total GI Bill amount | $0 |
References
More about our data sources and methodologies.