Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 243, which is 65.33 % of all undergraduate students. 226 students which is 59.89% of undergraduate students received federal student loans and the average loan amount is $8,650.

For full-time, first-time beginning students (freshmen), 72.00% of students received grants or scholarships and 81% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table shows the trends of financial aid for all undergraduate students at Paul Mitchell the School-Chicago since 2013.

For that period, the average number of students who received grants aid/scholarships is 243, which is 65.33 % of all undergraduate students. 226 students which is 59.89% of undergraduate students received federal student loans and the average loan amount is $8,650.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14251 (49%)$4,035248 (48%)$3,923332 (65%)$8,866
2014-15328 (66%)$4,700324 (66%)$4,426313 (63%)$9,005
2015-16263 (64%)$4,705255 (63%)$4,394244 (60%)$8,707
2016-17203 (57%)$4,801202 (56%)$4,347212 (59%)$8,679
2017-18168 (57%)$4,618165 (56%)$4,413167 (57%)$8,716
2018-19199 (62%)$5,067198 (62%)$5,072205 (64%)$8,671
2019-20249 (75%)$4,742201 (60%)$5,193192 (58%)$8,388
2020-21285 (85%)$4,191187 (56%)$5,318168 (50%)$8,464
2021-22237 (73%)$6,199213 (66%)$5,616202 (63%)$8,355
Average243 (65.33%)$4,784221 (59.22%)$4,745226 (59.89%)$8,650
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

For the last 10 years, on average, 43 (72.00 % of students) received grants or scholarships and its average amount is $5,092. It can cover 22.55% of tuition & fees ($22,575).

In addition, 50 (80.56 % of students) students get helped from the students loans (average amount : $10,023).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1474 (64%)$3,82793 (80%)$10,316
2014-1570 (73%)$4,34984 (88%)$10,280
2015-1658 (77%)$5,20763 (84%)$10,535
2016-1739 (64%)$4,89749 (80%)$9,703
2017-1836 (69%)$5,05441 (79%)$11,359
2018-1937 (69%)$5,19944 (81%)$9,566
2019-2022 (81%)$4,28719 (70%)$10,237
2020-2126 (74%)$6,05228 (80%)$9,470
2021-2223 (77%)$6,95225 (83%)$8,744
Average43 (72.00%)$5,09250 (80.56%)$10,023
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.

The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 42 (68.67 % of students) received Pell (federal) grants and its average amount is $5,092.

Year Federal (Pell) GrantsOther Federal State/Local governmentInstitutional
Number Received (percent)Average AmountNumber Received (percent)Average Amount Number Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1474 (64%)$3,827------
2014-1570 (73%)$4,349------
2015-1658 (77%)$5,207------
2016-1739 (64%)$4,897------
2017-1836 (69%)$4,943----1 (2%)$4,000
2018-1936 (67%)$5,288----1 (2%)$2,000
2019-2015 (56%)$5,43419 (70%)$558--2 (7%)$1,100
2020-2125 (71%)$5,82110 (29%)$1,182----
2021-2223 (77%)$6,06514 (47%)$1,458----
Average42 (68.67%)$5,09214 (48.67%)$1,066--1 (3.67%)$2,367
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.

The following table describes number of students and average amount of loans by loan type. The following table shows the trends of grants or scholarships over time.

For the last 10 years, on average, 50 (80.56 % of students) get any students loan help and its average loan amount is $50.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1493 (80%)$10,31693 (80%)$10,316--
2014-1584 (88%)$10,28084 (88%)$10,280--
2015-1663 (84%)$10,53563 (84%)$10,535--
2016-1749 (80%)$9,70349 (80%)$9,703--
2017-1841 (79%)$11,35941 (79%)$11,359--
2018-1944 (81%)$9,56644 (81%)$9,566--
2019-2019 (70%)$10,23719 (70%)$10,237--
2020-2128 (80%)$9,47028 (80%)$9,470--
2021-2225 (83%)$8,74425 (83%)$8,744--
Average50 (80.56%)$10,02350 (80.56%)$10,023--