Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 111, which is 46.33 % of all undergraduate students. 118 students which is 49.33% of undergraduate students received federal student loans and the average loan amount is $8,196.

For full-time, first-time beginning students (freshmen), 60.11% of students received grants or scholarships and 73% 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-Indianapolis since 2013.

For that period, the average number of students who received grants aid/scholarships is 111, which is 46.33 % of all undergraduate students. 118 students which is 49.33% of undergraduate students received federal student loans and the average loan amount is $8,196.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14114 (49%)$3,692114 (49%)$3,683142 (61%)$9,960
2014-15106 (44%)$4,187106 (44%)$4,187117 (48%)$9,244
2015-16106 (51%)$3,94390 (43%)$3,922109 (53%)$8,360
2016-1791 (42%)$4,20072 (33%)$4,449104 (48%)$8,256
2017-18104 (46%)$4,56788 (39%)$4,217103 (45%)$7,941
2018-19116 (49%)$4,71495 (40%)$4,623127 (54%)$8,208
2019-20160 (60%)$4,068113 (42%)$3,988114 (43%)$7,100
2020-2190 (34%)$5,24681 (31%)$5,349110 (42%)$7,155
2021-22112 (42%)$5,181106 (40%)$4,984133 (50%)$7,536
Average111 (46.33%)$4,42296 (40.11%)$4,378118 (49.33%)$8,196
*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, 26 (60.11 % of students) received grants or scholarships and its average amount is $4,348. It can cover 25.45% of tuition & fees ($17,085).

In addition, 33 (73.22 % of students) students get helped from the students loans (average amount : $9,245).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1442 (50%)$4,05364 (76%)$11,941
2014-1520 (43%)$4,09631 (67%)$11,164
2015-1624 (65%)$4,00323 (62%)$9,692
2016-1724 (65%)$4,32127 (73%)$9,235
2017-1821 (64%)$4,03728 (85%)$9,095
2018-1931 (66%)$4,62035 (74%)$9,435
2019-2025 (71%)$3,46120 (57%)$7,143
2020-2112 (57%)$5,03016 (76%)$7,473
2021-2233 (60%)$5,51349 (89%)$8,031
Average26 (60.11%)$4,34833 (73.22%)$9,245
*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, 21 (46.56 % of students) received Pell (federal) grants and its average amount is $4,637.

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
2013-1442 (50%)$4,053------
2014-1520 (43%)$4,096------
2015-1618 (49%)$3,949----10 (27%)$2,500
2016-1716 (43%)$5,076----9 (24%)$2,500
2017-1814 (42%)$4,360----12 (36%)$1,979
2018-1926 (55%)$4,778----9 (19%)$2,111
2019-2012 (34%)$4,19020 (57%)$938--7 (20%)$2,500
2020-219 (43%)$5,873----3 (14%)$2,500
2021-2233 (60%)$5,362----2 (4%)$2,500
Average21 (46.56%)$4,63720 (57.00%)$938--7 (20.57%)$2,370
*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, 33 (73.22 % of students) get any students loan help and its average loan amount is $33.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1464 (76%)$11,94164 (76%)$11,941--
2014-1531 (67%)$11,16431 (67%)$11,164--
2015-1623 (62%)$9,69223 (62%)$9,692--
2016-1727 (73%)$9,23527 (73%)$9,235--
2017-1828 (85%)$9,09528 (85%)$9,095--
2018-1935 (74%)$9,43535 (74%)$9,435--
2019-2020 (57%)$7,14320 (57%)$7,143--
2020-2116 (76%)$7,47316 (76%)$7,473--
2021-2249 (89%)$8,03149 (89%)$8,031--
Average33 (73.22%)$9,24533 (73.22%)$9,245--