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Paul Mitchell the School Sacramento Financial Aid & Scholarships

72% Freshmen Get Financial Aid
$4,768 Average Grant & Scholarship
54% Undergrads Get Grant Aid

Most students will not be asked to pay the full, advertised sticker price of a school. Instead, they will be given a financial aid offer that will include a combination of scholarships, grants, loans, and work-study. The total price of attendance at Paul Mitchell the School Sacramento can feel overwhelming, but bear in mind that many students receive some sort of financial aid.

What financial aid options can Paul Mitchell the School Sacramento offer, 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.

Why You Should Understand Paul Mitchell the School Sacramento Financial Aid Info

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 Sacramento.

What First Years Receive at Paul Mitchell the School Sacramento

Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Note that some aid is more valuable than the rest, and individual awards are far from uniform.

Looking at the entering class at Paul Mitchell the School Sacramento, 72% of new full-time first-years were awarded at least some aid roughly 99 students).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)49%$5,767
Institutional grants & scholarships0%
Federal Pell grants48%$5,363
State/local grants1%$16,221
Federal student loans62%$5,805

Scholarships and Grants at Paul Mitchell the School Sacramento

Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. At Paul Mitchell the School Sacramento, around 54% of undergrads got grants or scholarships worth on average $4,768 (across approximately 354 students).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)54%$4,768
Federal Pell grants54%$4,666
Federal student loans56%$5,598

On-campus students receiving title-IV aid were awarded grants averaging $2,685.

Aid by Income Level at Paul Mitchell the School Sacramento

Since aid is largely need-based, the real cost of attendance falls steeply for lower-income families.

Family IncomeAverage Net Price
$0 – $48,000$18,156
$30,001 – $75,000$19,615
Over $75,000$21,825

Each figure is the net price after grants and scholarships, not the published sticker price.

Net Price at Paul Mitchell the School Sacramento

After grants and scholarships come off the published price, what remains is the net price — the best estimate of true out-of-pocket cost.

CohortAverage Net Price
On-campus title-IV students$16,717
Off-campus title-IV students$19,748

To project your own net price, use Paul Mitchell the School Sacramento’s net price tool: paulmitchell.edu/sacramento/programs/cosmetology.

Typical Student Debt at Paul Mitchell the School Sacramento

The median student at Paul Mitchell the School Sacramento graduates with $6,333 of federal borrowing.

MetricAmount
Median federal debt (all student-aid borrowers)$6,333
Median federal debt (graduates only)$6,333
Typical 10-year monthly payment (graduates)$67.14/mo

The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.

The Range of Student Debt at this School

Looking only at the median can be misleading because it hides the spread. The four reference points below map the debt distribution at Paul Mitchell the School Sacramento.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$3,665
25th percentile$4,750
75th percentile$13,667
90th percentile (highest-debt students)$17,667

How Debt Outcomes Vary by Student Group at Paul Mitchell the School Sacramento

The figures below break down median federal debt by income tier, first-generation status, and dependency.

Median Debt by Income Bracket

Income tierMedian federal debt
Low income$6,333
Middle income$6,333
High income$3,666

By First-Generation Status

CohortMedian federal debt
First-generation students$6,333
Continuing-generation students$6,333

Dependency-Status Comparison

CohortMedian federal debt
Dependent students$3,666
Independent students$6,333

Is the Debt Manageable?

The Department of Education computes summary indicators that describe debt outcomes at a glance. Paul Mitchell the School Sacramento.

Federal Loan Volume at Paul Mitchell the School Sacramento

Most undergraduate borrowing runs through the federal Stafford loan program. The aggregate figures below show how active the program is at Paul Mitchell the School Sacramento:

MetricValue
Stafford loan recipients3327
Total Stafford loan amount$31,894,236

Aid for Military-Affiliated Students at Paul Mitchell the School Sacramento

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

MetricValue
GI Bill recipients16
Total GI Bill amount$208,773
Average GI Bill amount per recipient$13,048

References

More about our data sources and methodologies.

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