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Paul Mitchell the School Spokane Financial Aid Details

98% Freshmen Get Financial Aid
$6,510 Average Grant & Scholarship
64% Undergrads Get Grant Aid

Most students will never be charged 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 cost of going to Paul Mitchell the School Spokane can seem tremendous, but do not forget that almost all students are given some form of financial help.

Just what financial aid solutions can Paul Mitchell the School Spokane provide, and just what are you going to be eligible for? Keep reading for answers. Keep scrolling to see what amount of financial assistance could be accessible to you.

Importance of Paul Mitchell the School Spokane Financial Aid Information

How much aid you qualify for depends largely on your family’s financial circumstances. Use the information below to understand how much financial assistance you may get from Paul Mitchell the School Spokane.

Typical First Year Financial Aid at Paul Mitchell the School Spokane

Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. However, some types of aid are more desirable than others, and some students will receive more than others.

For freshmen starting at Paul Mitchell the School Spokane, 98% of entering full-time freshmen got some type of financial assistance (about 101 new students).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)78%$5,457
Institutional grants & scholarships0%
Federal Pell grants78%$5,457
State/local grants0%
Federal student loans93%$8,002

Scholarships and Grants at Paul Mitchell the School Spokane

Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. Here, around 64% of undergraduates were awarded an average grant or scholarship of $6,510 (covering around 220 awardees).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)64%$6,510
Federal Pell grants60%$5,293
Federal student loans60%$8,139

For on-campus title-IV students, average grant aid came to $4,254.

Net Price by Family Income at Paul Mitchell the School Spokane

Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.

Family IncomeAverage Net Price
$0 – $48,000$18,828
$30,001 – $75,000$20,542
Over $75,000$25,299

These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.

What Students Actually Pay at Paul Mitchell the School Spokane

The net price represents the average annual cost a title-IV-receiving student pays after grant aid is subtracted from the full cost of attendance.

CohortAverage Net Price
On-campus title-IV students$22,646
Off-campus title-IV students$19,718

For a customized cost estimate, visit Paul Mitchell the School Spokane’s net price tool: paulmitchell.edu/spokane/tuition-calculator.

Typical Student Debt at Paul Mitchell the School Spokane

The middle student in the debt distribution at Paul Mitchell the School Spokane owes $6,028 in federal student debt.

MetricAmount
Median federal debt (all student-aid borrowers)$6,028
Median federal debt (graduates only)$10,556
Typical 10-year monthly payment (graduates)$111.91/mo

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

Debt Spread by Percentile

The numbers below show the full range, not just the middle of the distribution. The percentiles below describe the cumulative federal debt distribution for borrowers at Paul Mitchell the School Spokane.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$3,167
25th percentile$5,500
75th percentile$11,000
90th percentile (highest-debt students)$17,667

Debt Outcomes by Student Group at Paul Mitchell the School Spokane

How much a student borrows depends heavily on family income, first-gen status, and dependency.

Debt by Income Tier

Income tierMedian federal debt
Low income$7,082
Middle income$5,500
High income$5,750

By First-Generation Status

CohortMedian federal debt
First-generation students$6,111
Continuing-generation students$5,500

Dependent vs Independent Students

CohortMedian federal debt
Dependent students$5,500
Independent students$8,386

Is the Debt Manageable?

These indicators are derived from the underlying debt data and summarize the overall picture at Paul Mitchell the School Spokane.

Stafford Loan Activity at Paul Mitchell the School Spokane

The Stafford program is the federal direct-loan vehicle most undergraduates use. The aggregate figures below show how active the program is at Paul Mitchell the School Spokane:

MetricValue
Stafford loan recipients1065
Total Stafford loan amount$10,120,238

Military and Veterans Aid at Paul Mitchell the School Spokane

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

Post-9/11 GI Bill activity

MetricValue
GI Bill recipients5
Total GI Bill amount$56,215
Average GI Bill amount per recipient$11,243

Paul Mitchell the School Spokane Financial Aid Resources

References

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