Over the past 5 years (2020-2023), the average number of students who received grants aid/scholarships is 175, which is 58.50 % of all undergraduate students. 204 students which is 65.50% of undergraduate students received federal student loans and the average loan amount is $7,304.
For full-time, first-time beginning students (freshmen), 62.00% of students received grants or scholarships and 80% of students received student loans.
The following table shows the trends of financial aid for all undergraduate students at Paul Mitchell the School-Murfreesboro-Nashville since 2019.
For that period, the average number of students who received grants aid/scholarships is 175, which is 58.50 % of all undergraduate students. 204 students which is 65.50% of undergraduate students received federal student loans and the average loan amount is $7,304.
| Year | Grant or Scholarship* | Pell Grants | Federal Student Loans | |||
|---|---|---|---|---|---|---|
| Number Received (percent**) | Average Amount | Number Received (percent**) | Average Amount | Number Received (percent**) | Average Amount | |
| 2019-20 | 148 (90%) | $3,496 | 88 (53%) | $4,965 | 137 (83%) | $7,692 |
| 2020-21 | 168 (49%) | $4,965 | 168 (49%) | $4,889 | 216 (64%) | $7,544 |
| 2021-22 | 186 (48%) | $4,970 | 186 (48%) | $4,861 | 223 (57%) | $7,027 |
| 2022-23 | 196 (47%) | $5,123 | 196 (47%) | $5,123 | 240 (58%) | $6,953 |
| Average | 175 (58.50%) | $4,639 | 160 (49.25%) | $4,960 | 204 (65.50%) | $7,304 |
For the last 5 years, on average, 20 (62.00 % of students) received grants or scholarships and its average amount is $4,892. It can cover 28.11% of tuition & fees ($17,400).
In addition, 26 (79.50 % of students) students get helped from the students loans (average amount : $7,141).
| Year | Grants or Scholarships* | Student Loans | ||
|---|---|---|---|---|
| Number Received (percent**) | Average Amount | Number Received (percent**) | Average Amount | |
| 2019-20 | 17 (81%) | $3,291 | 20 (95%) | $7,117 |
| 2020-21 | 28 (65%) | $5,094 | 33 (77%) | $8,136 |
| 2021-22 | 19 (53%) | $5,633 | 26 (72%) | $6,903 |
| 2022-23 | 17 (49%) | $5,549 | 26 (74%) | $6,407 |
| Average | 20 (62.00%) | $4,892 | 26 (79.50%) | $7,141 |
The following table shows the trends of grants or scholarships over time. For the last 5 years, on average, 18 (52.50 % of students) received Pell (federal) grants and its average amount is $5,331.
| Year | Federal (Pell) Grants | Other Federal | State/Local government | Institutional | ||||
|---|---|---|---|---|---|---|---|---|
| Number Received (percent) | Average Amount | Number Received (percent) | Average Amount | Number Received (percent) | Average Amount | Number Received (percent) | Average Amount | |
| 2019-20 | 9 (43%) | $5,049 | 15 (71%) | $700 | - | - | - | - |
| 2020-21 | 28 (65%) | $5,094 | - | - | - | - | - | - |
| 2021-22 | 19 (53%) | $5,633 | - | - | - | - | - | - |
| 2022-23 | 17 (49%) | $5,549 | - | - | - | - | - | - |
| Average | 18 (52.50%) | $5,331 | 15 (71.00%) | $700 | - | - | - | - |
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 5 years, on average, 26 (79.50 % of students) get any students loan help and its average loan amount is $26.
| Year | Total | Federal student loans | Other student loans | |||
|---|---|---|---|---|---|---|
| Number Received (percent) | Average Amount | Number Received (percent) | Average Amount | Number Received (percent) | Average Amount | |
| 2019-20 | 20 (95%) | $7,117 | 20 (95%) | $7,117 | - | - |
| 2020-21 | 33 (77%) | $8,136 | 33 (77%) | $8,136 | - | - |
| 2021-22 | 26 (72%) | $6,903 | 26 (72%) | $6,903 | - | - |
| 2022-23 | 26 (74%) | $6,407 | 26 (74%) | $6,407 | - | - |
| Average | 26 (79.50%) | $7,141 | 26 (79.50%) | $7,141 | - | - |
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