$4,589

Avg. Federal Grant

$7,742

Avg. Federal Loan

$698,779

Total Aid Awarded

Paul Mitchell School Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

62%

Total Aid Amount Average Total Aid Awarded per year.

$698.779K

Financial Aid Official Website

paulmitchell.edu/woodbridge

As many as 93% of the students at PMSW get some sort of financial aid, and the total amount of assistance/loans provided is more than $833,321 in a year. At PMSW, the total percentage of applicants who receive the Federal Grant stands at 71%. On the other hand, 86% of the candidates get the Student Grant, 39% receive the Institution Grant, and 71% get the Pell Grant. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,964. Among other things, the annual family income of the applicant plays a major role in determining the total financial aid they are actually eligible to receive. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At PMSW, an estimated number of 75% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

59%

State Grant Aid

N/A

Institution Grant Aid

66%

Pell Grant

59%

Average Aid Awarded

Federal Grant Aid

$4,589

State Grant Aid

N/A

Institution Grant Aid

$2,000

Pell Grant

$4,589

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$5,774

$30,001 - $48,000

$5,376

$48,001 - $75,000

$3,375

$75,001 - $110,000

$2,000

Over $110,000

N/A

Student Loans for Paul Mitchell School

Average Loan Amount Average Loan Amount received per year.

$7,742/Year

Students Taking Out Loans

72%

Loan Default Rate

N/A

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