Many students are not billed 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 price of attendance at Paul Mitchell the School Great Lakes 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 Great Lakes deliver, and just what are you going to be eligible for? Keep reading for answers. Keep reading to see what amount of financial assistance could be accessible to you.
The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. The information provided on this page can help you determine how much aid you may receive from Paul Mitchell the School Great Lakes.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
Among first-time, full-time freshmen at Paul Mitchell the School Great Lakes, 83% of first-time, full-time freshmen received some form of financial aid (about 19 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 52% | $4,904 |
| Institutional grants & scholarships | 13% | $833 |
| Federal Pell grants | 48% | $5,123 |
| State/local grants | 0% | — |
| Federal student loans | 65% | $8,432 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. At this school, roughly 45% of the undergraduate population received grant aid that averaged $5,108 (across approximately 45 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 45% | $5,108 |
| Federal Pell grants | 34% | $5,325 |
| Federal student loans | 38% | $9,823 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $3,462.
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 | $10,263 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
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.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $17,263 |
| Off-campus title-IV students | $10,263 |
To get a personalized net price estimate, try Paul Mitchell the School Great Lakes’s net price tool: paulmitchell.edu/porthuron/tuition-calculator.
Graduating students at Paul Mitchell the School Great Lakes carry a median federal student debt of $8,389 in federal loans.
| Metric | Amount |
|---|---|
| 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 |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
The median alone does not show how widely outcomes vary across the student body. The four reference points below map the debt distribution at Paul Mitchell the School Great Lakes.
| Percentile | Cumulative 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 much a student borrows depends heavily on family income, first-gen status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $8,445 |
| Middle income | $9,500 |
| High income | $8,389 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $8,445 |
| Continuing-generation students | $8,389 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $7,667 |
| Independent students | $13,000 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. Paul Mitchell the School Great Lakes.
Stafford loans are the federal government’s primary direct undergraduate lending program. These figures summarize annual Stafford program activity at Paul Mitchell the School Great Lakes:
| Metric | Value |
|---|---|
| Stafford loan recipients | 1538 |
| Total Stafford loan amount | $14,425,657 |
The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 0 |
| Total GI Bill amount | $0 |
References
More about our data sources and methodologies.