Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 170, which is 63.11 % of all undergraduate students. 174 students which is 66.78% of undergraduate students received federal student loans and the average loan amount is $8,291.

For full-time, first-time beginning students (freshmen), 69.67% of students received grants or scholarships and 80% 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-Springfield since 2013.

For that period, the average number of students who received grants aid/scholarships is 170, which is 63.11 % of all undergraduate students. 174 students which is 66.78% of undergraduate students received federal student loans and the average loan amount is $8,291.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14108 (56%)$3,741108 (56%)$3,741139 (72%)$10,412
2014-15102 (61%)$4,157102 (61%)$4,157119 (71%)$10,022
2015-16115 (60%)$4,479115 (60%)$4,479147 (77%)$8,614
2016-17128 (63%)$4,374128 (63%)$4,374138 (68%)$8,110
2017-18167 (74%)$4,593166 (73%)$4,582178 (78%)$8,228
2018-19201 (69%)$4,480201 (69%)$4,480198 (68%)$7,344
2019-20256 (77%)$4,459207 (62%)$4,515197 (59%)$7,486
2020-21211 (53%)$4,555211 (53%)$4,555222 (56%)$7,278
2021-22238 (55%)$4,735238 (55%)$4,676224 (52%)$7,122
Average170 (63.11%)$4,397164 (61.33%)$4,395174 (66.78%)$8,291
*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, 25 (69.67 % of students) received grants or scholarships and its average amount is $4,830. It can cover 53.67% of tuition & fees ($9,000).

In addition, 27 (80.00 % of students) students get helped from the students loans (average amount : $8,265).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1411 (58%)$3,64619 (100%)$10,000
2014-1510 (67%)$4,64414 (93%)$10,595
2015-1610 (67%)$5,43514 (93%)$9,607
2016-1736 (80%)$5,04225 (56%)$8,229
2017-1836 (73%)$5,06547 (96%)$7,591
2018-1954 (81%)$5,16559 (88%)$7,829
2019-2044 (96%)$5,13937 (80%)$6,964
2020-2117 (63%)$4,28922 (81%)$7,614
2021-225 (42%)$5,0444 (33%)$5,959
Average25 (69.67%)$4,83027 (80.00%)$8,265
*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, 23 (66.78 % of students) received Pell (federal) grants and its average amount is $4,879.

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
2013-1411 (58%)$3,646------
2014-1510 (67%)$4,644------
2015-1610 (67%)$5,435------
2016-1736 (80%)$5,042------
2017-1835 (71%)$5,181----1 (2%)$1,000
2018-1954 (81%)$5,165------
2019-2033 (72%)$5,46337 (80%)$1,239----
2020-2117 (63%)$4,289------
2021-225 (42%)$5,044------
Average23 (66.78%)$4,87937 (80.00%)$1,239--1 (2.00%)$1,000
*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, 27 (80.00 % of students) get any students loan help and its average loan amount is $27.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1419 (100%)$10,00019 (100%)$10,000--
2014-1514 (93%)$10,59514 (93%)$10,595--
2015-1614 (93%)$9,60714 (93%)$9,607--
2016-1725 (56%)$8,22925 (56%)$8,229--
2017-1847 (96%)$7,59147 (96%)$7,591--
2018-1959 (88%)$7,82959 (88%)$7,829--
2019-2037 (80%)$6,96437 (80%)$6,964--
2020-2122 (81%)$7,61422 (81%)$7,614--
2021-224 (33%)$5,9594 (33%)$5,959--
Average27 (80.00%)$8,26527 (80.00%)$8,265--