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Paul Mitchell the School Fort Myers Paying for Your Degree

74% Freshmen Get Financial Aid
$4,586 Average Grant & Scholarship
35% Undergrads Get Grant Aid

Many 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 price tag of going to Paul Mitchell the School Fort Myers can appear overwhelming, but bear in mind that many students obtain some kind of financial aid.

Just what financing solutions does Paul Mitchell the School Fort Myers deliver, and just what are you going to be eligible for? Keep scrolling for answers. Keep reading to learn how much school funding will be available to you.

Importance of Paul Mitchell the School Fort Myers Financial Aid Info

How much aid you qualify for depends largely on your family’s financial circumstances. Read on to get a sense of the financial assistance available at Paul Mitchell the School Fort Myers.

Average Freshman Financial Aid at Paul Mitchell the School Fort Myers

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.

For freshmen starting at Paul Mitchell the School Fort Myers, 74% of entering full-time freshmen got some type of financial assistance roughly 14 freshmen).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)53%$6,230
Institutional grants & scholarships5%$500
Federal Pell grants53%$6,180
State/local grants0%
Federal student loans68%$5,159

Grant Aid for Undergraduates at Paul Mitchell the School Fort Myers

Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. At Paul Mitchell the School Fort Myers, around 35% of the undergraduate population received grant aid that averaged $4,586 (covering around 53 students).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)35%$4,586
Federal Pell grants34%$4,324
Federal student loans37%$4,883

On-campus students receiving title-IV aid were awarded grants averaging $83.

How Cost Varies by Income at Paul Mitchell the School Fort Myers

The figures below show the average net price — cost after all grant and scholarship aid — broken out by family income.

Family IncomeAverage Net Price
$0 – $48,000$17,612

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

What a Degree Really Costs at Paul Mitchell the School Fort Myers

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$24,702
Off-campus title-IV students$17,612

For a personalized estimate based on your family’s financial situation, use Paul Mitchell the School Fort Myers’s official net price calculator: paulmitchell.edu/fortmyers/tuition-calculator.

Median Student Debt for Graduates of Paul Mitchell the School Fort Myers

The median student at Paul Mitchell the School Fort Myers graduates with $8,389 of cumulative federal debt.

MetricAmount
Median federal debt (all student-aid borrowers)$8,389
Median federal debt (graduates only)$9,667
Typical 10-year monthly payment (graduates)$102.49/mo

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

The Full Range of Student Debt

A single median figure conceals how much debt outcomes differ student to student. The percentiles below describe the cumulative federal debt distribution for borrowers at Paul Mitchell the School Fort Myers.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$3,297
25th percentile$5,500
75th percentile$11,667
90th percentile (highest-debt students)$13,000

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

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

Median Debt by Income Bracket

Income tierMedian federal debt
Low income$8,445
Middle income$9,500
High income$8,389

By First-Generation Status

CohortMedian federal debt
First-generation students$8,445
Continuing-generation students$8,389

By Dependency Status

CohortMedian federal debt
Dependent students$7,667
Independent students$13,000

At-a-Glance Debt Indicators

The figure below distills the debt data into a single burden category for Paul Mitchell the School Fort Myers.

Federal Student Loans at Paul Mitchell the School Fort Myers

Stafford loans make up the bulk of federal direct lending to undergraduates. The totals below capture Stafford lending at Paul Mitchell the School Fort Myers:

MetricValue
Stafford loan recipients1538
Total Stafford loan amount$14,425,657

Aid for Military-Affiliated Students at Paul Mitchell the School Fort Myers

Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.

Post-9/11 GI Bill recipients

MetricValue
GI Bill recipients3
Total GI Bill amount$51,143
Average GI Bill amount per recipient$17,048

External Resources for Paul Mitchell the School Fort Myers

References

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