Over the past 5 years (2020-2023), the average number of students who received grants aid/scholarships is 94, which is 52.50 % of all undergraduate students. 86 students which is 48.25% of undergraduate students received federal student loans and the average loan amount is $8,080.
For full-time, first-time beginning students (freshmen), 66.75% of students received grants or scholarships and 75% of students received student loans.
The following table shows the trends of financial aid for all undergraduate students at Paul Mitchell the School-Provo since 2019.
For that period, the average number of students who received grants aid/scholarships is 94, which is 52.50 % of all undergraduate students. 86 students which is 48.25% of undergraduate students received federal student loans and the average loan amount is $8,080.
| 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 | 133 (64%) | $4,165 | 85 (41%) | $5,111 | 111 (53%) | $7,296 |
| 2020-21 | 116 (56%) | $5,252 | 105 (51%) | $5,145 | 110 (53%) | $8,313 |
| 2021-22 | 64 (42%) | $4,706 | 62 (41%) | $4,555 | 68 (45%) | $8,668 |
| 2022-23 | 64 (48%) | $5,131 | 59 (45%) | $5,376 | 55 (42%) | $8,043 |
| Average | 94 (52.50%) | $4,814 | 78 (44.50%) | $5,047 | 86 (48.25%) | $8,080 |
For the last 5 years, on average, 24 (66.75 % of students) received grants or scholarships and its average amount is $5,070. It can cover 24.98% of tuition & fees ($20,292).
In addition, 26 (74.75 % of students) students get helped from the students loans (average amount : $8,462).
| Year | Grants or Scholarships* | Student Loans | ||
|---|---|---|---|---|
| Number Received (percent**) | Average Amount | Number Received (percent**) | Average Amount | |
| 2019-20 | 28 (93%) | $4,251 | 27 (90%) | $7,969 |
| 2020-21 | 37 (63%) | $5,380 | 39 (66%) | $9,640 |
| 2021-22 | 12 (50%) | $5,246 | 18 (75%) | $7,824 |
| 2022-23 | 19 (61%) | $5,402 | 21 (68%) | $8,415 |
| Average | 24 (66.75%) | $5,070 | 26 (74.75%) | $8,462 |
The following table shows the trends of grants or scholarships over time. For the last 5 years, on average, 20 (55.00 % of students) received Pell (federal) grants and its average amount is $5,478.
In addition, 1 students received State/local government grants/scholarships (3.50 % of students).
| 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 | 19 (63%) | $5,097 | 20 (67%) | $879 | - | - | 4 (13%) | $1,150 |
| 2020-21 | 33 (56%) | $5,545 | 17 (29%) | $533 | - | - | 6 (10%) | $1,167 |
| 2021-22 | 11 (46%) | $5,655 | - | - | 1 (4%) | $750 | - | - |
| 2022-23 | 17 (55%) | $5,615 | 1 (3%) | $6,114 | 1 (3%) | $563 | 1 (3%) | $500 |
| Average | 20 (55.00%) | $5,478 | 13 (33.00%) | $2,509 | 1 (3.50%) | $657 | 4 (8.67%) | $939 |
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 (74.75 % 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 | 27 (90%) | $7,969 | 27 (90%) | $7,969 | - | - |
| 2020-21 | 39 (66%) | $9,640 | 39 (66%) | $9,640 | - | - |
| 2021-22 | 18 (75%) | $7,824 | 18 (75%) | $7,824 | - | - |
| 2022-23 | 21 (68%) | $8,415 | 21 (68%) | $8,415 | - | - |
| Average | 26 (74.75%) | $8,462 | 26 (74.75%) | $8,462 | - | - |
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