by our College Data Analytics TeamThe majority of students are not billed the complete price tag of a school. Rather, they are presented a financial aid deal that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The sum total of attendance at Paul Mitchell the School Sherman Oaks can sound overwhelming, but bear in mind that many students get some type of financial aid.
What financing options does Paul Mitchell the School Sherman Oaks offer you, and what will you qualify for? Keep scrolling for more information. Scroll down to learn how much school funding will be available to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. Continue reading to find information to help you understand just how much assistance you can expect to receive from Paul Mitchell the School Sherman Oaks.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. 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 Sherman Oaks, 86% of first-time, full-time freshmen received some form of financial aid some 90 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 64% | $6,101 |
| Institutional grants & scholarships | 3% | $2,000 |
| Federal Pell grants | 63% | $5,837 |
| State/local grants | 2% | $8,750 |
| Federal student loans | 63% | $8,143 |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. Across the undergraduate body at Paul Mitchell the School Sherman Oaks, approximately 72% of undergraduates were awarded grant or scholarship aid averaging $6,324 (across roughly 297 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 72% | $6,324 |
| Federal Pell grants | 60% | $5,384 |
| Federal student loans | 55% | $7,719 |
On-campus students receiving title-IV aid were awarded grants averaging $5,926.
Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $25,155 |
| $30,001 – $75,000 | $26,212 |
| Over $75,000 | $31,225 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
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 | $27,101 |
| Off-campus title-IV students | $27,328 |
For a customized cost estimate, visit Paul Mitchell the School Sherman Oaks’s official net price calculator: paulmitchell.edu/shermanoaks/tuition-calculator.
The middle student in the debt distribution at Paul Mitchell the School Sherman Oaks owes $9,583 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $9,583 |
| Median federal debt (graduates only) | $10,556 |
| Typical 10-year monthly payment (graduates) | $111.91/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. The percentiles below describe the cumulative federal debt distribution for borrowers at Paul Mitchell the School Sherman Oaks.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,667 |
| 25th percentile | $5,833 |
| 75th percentile | $13,667 |
| 90th percentile (highest-debt students) | $17,667 |
Median debt varies by family income, by first-generation status, and by dependency status.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $9,500 |
| Middle income | $9,807 |
| High income | $10,556 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,583 |
| Continuing-generation students | $9,639 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $9,807 |
| Independent students | $9,500 |
These indicators are derived from the underlying debt data and summarize the overall picture at Paul Mitchell the School Sherman Oaks.
Stafford loans are the federal government’s primary direct undergraduate lending program. Below is the annual Stafford program activity at Paul Mitchell the School Sherman Oaks:
| Metric | Value |
|---|---|
| Stafford loan recipients | 1728 |
| Total Stafford loan amount | $17,645,477 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 0 |
| Total GI Bill amount | $0 |
References
More about our data sources and methodologies.