by our College Data Analytics TeamMany students will never be charged 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 total cost of going to Paul Mitchell the School St Louis can seem overpowering, but remember that the majority of students are given some form of financial assistance.
What financial aid options can Paul Mitchell the School St Louis offer, and what will you qualify for? Keep reading for more information. Read on to learn how much school funding will be available to you.
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 St Louis.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
For incoming first-year students at Paul Mitchell the School St Louis, 88% of entering full-time freshmen got some type of financial assistance some 22 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 76% | $5,359 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 76% | $5,359 |
| State/local grants | 0% | — |
| Federal student loans | 84% | $7,426 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. At Paul Mitchell the School St Louis, some 48% of the undergraduate population received grant aid that averaged $5,577 (across roughly 147 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 48% | $5,577 |
| Federal Pell grants | 48% | $5,577 |
| Federal student loans | 52% | $7,213 |
On-campus students receiving title-IV aid were awarded grants averaging $4,628.
Since aid is largely need-based, the real cost of attendance falls steeply for lower-income families.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $19,421 |
| $30,001 – $75,000 | $23,877 |
Remember these are net prices — what families pay after gift aid, not before.
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 | $24,907 |
| Off-campus title-IV students | $19,615 |
To project your own net price, use Paul Mitchell the School St Louis’s official net price calculator: paulmitchell.edu/stlouis/tuition-calculator.
Graduating students at Paul Mitchell the School St Louis carry a median federal student debt of $9,833 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $9,833 |
| Median federal debt (graduates only) | $9,833 |
| Typical 10-year monthly payment (graduates) | $104.25/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. The percentiles below describe the cumulative federal debt distribution for borrowers at Paul Mitchell the School St Louis.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,750 |
| 25th percentile | $7,666 |
| 75th percentile | $16,094 |
| 90th percentile (highest-debt students) | $16,500 |
Median debt varies by family income, by first-generation status, and by dependency status.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $9,833 |
| Middle income | $9,833 |
| High income | $9,833 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,833 |
| Continuing-generation students | $9,833 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $9,833 |
| Independent students | $13,000 |
The figure below distills the debt data into a single burden category for Paul Mitchell the School St Louis.
The Stafford loan program is the largest source of federal direct loans to undergraduates. These figures summarize annual Stafford program activity at Paul Mitchell the School St Louis:
| Metric | Value |
|---|---|
| Stafford loan recipients | 1390 |
| Total Stafford loan amount | $14,952,566 |
The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 5 |
| Total GI Bill amount | $87,279 |
| Average GI Bill amount per recipient | $17,456 |
References
More about our data sources and methodologies.