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Paul Mitchell the School Costa Mesa Financial Aid Details

59% Freshmen Get Financial Aid
$4,240 Average Grant & Scholarship
43% Undergrads Get Grant Aid

A lot of 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 price of attendance at Paul Mitchell the School Costa Mesa can feel tremendous, but do not forget that almost all students receive some sort of financial help.

Just what financial aid solutions can Paul Mitchell the School Costa Mesa provide, and just what are you going to be eligible for? Keep reading for answers. Read on to discover how much school funding could be available to you.

Understanding Paul Mitchell the School Costa Mesa Aid Information

Eligibility for aid and scholarships is driven mostly by your household’s income and need. Read on to get a sense of the financial assistance available at Paul Mitchell the School Costa Mesa.

Financial Aid for First-Year Students at Paul Mitchell the School Costa Mesa

Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.

Among first-time, full-time freshmen at Paul Mitchell the School Costa Mesa, 59% of entering full-time freshmen got some type of financial assistance (about 148 freshmen).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)39%$4,978
Institutional grants & scholarships0%
Federal Pell grants39%$4,978
State/local grants0%
Federal student loans48%$6,779

Scholarship and Grant Awards at Paul Mitchell the School Costa Mesa

The best aid is gift aid: grants and scholarships that carry no repayment obligation. Here, about 43% of undergraduates were awarded an average grant or scholarship of $4,240 (among about 282 awardees).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)43%$4,240
Federal Pell grants40%$3,843
Federal student loans48%$4,327

On-campus students receiving title-IV aid were awarded grants averaging $3,771.

What Families Pay by Income at Paul Mitchell the School Costa Mesa

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

Family IncomeAverage Net Price
$0 – $48,000$10,820
$30,001 – $75,000$10,698
Over $75,000$15,324

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

The Real Cost of Attending Paul Mitchell the School Costa Mesa

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.

CohortAverage Net Price
On-campus title-IV students$21,920
Off-campus title-IV students$12,063

To project your own net price, use Paul Mitchell the School Costa Mesa’s net price tool: paulmitchell.edu/costamesa/tuition-calculator.

Median Student Debt for Graduates of Paul Mitchell the School Costa Mesa

The median student at Paul Mitchell the School Costa Mesa graduates with $9,500 of federal borrowing.

MetricAmount
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

Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.

Debt Spread by Percentile

Looking only at the median can be misleading because it hides the spread. The figures below chart the debt distribution at Paul Mitchell the School Costa Mesa.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$3,596
25th percentile$5,500
75th percentile$13,000
90th percentile (highest-debt students)$16,500

Debt Outcomes by Student Group at Paul Mitchell the School Costa Mesa

Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.

By Family Income

Income tierMedian federal debt
Low income$9,500

By Dependency Status

CohortMedian federal debt
Dependent students$7,584
Independent students$12,587

Is the Debt Manageable?

Federal data publishes pre-calculated indicators that summarize debt outcomes. Paul Mitchell the School Costa Mesa.

Federal Student Loans at Paul Mitchell the School Costa Mesa

Stafford loans make up the bulk of federal direct lending to undergraduates. Below is the annual Stafford program activity at Paul Mitchell the School Costa Mesa:

MetricValue
Stafford loan recipients1510
Total Stafford loan amount$14,122,711

Aid for Military-Affiliated Students at Paul Mitchell the School Costa Mesa

Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.

Post-9/11 GI Bill recipients

MetricValue
GI Bill recipients10
Total GI Bill amount$130,070
Average GI Bill amount per recipient$13,007

External Resources for Paul Mitchell the School Costa Mesa

References

More about our data sources and methodologies.

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