Scholarships, Grants, and Loan Trends at Paul Mitchell the School-Murfreesboro

-9%

Received Percent Changed

-$355

Received Amount Changes

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 178, which is 55.56 % of all undergraduate students. 181 students which is 54.56% of undergraduate students received federal student loans and the average loan amount is $7,546.

For full-time, first-time beginning students (freshmen), 77.00% 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-Murfreesboro since 2014.

For that period, the average number of students who received grants aid/scholarships is 178, which is 55.56 % of all undergraduate students. 181 students which is 54.56% of undergraduate students received federal student loans and the average loan amount is $7,546.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-1568 (53%)$5,47764 (50%)$4,20248 (38%)$8,457
2015-16210 (63%)$4,448207 (62%)$3,988192 (57%)$8,446
2016-17193 (67%)$4,334192 (66%)$4,116179 (62%)$8,313
2017-18177 (59%)$4,365176 (59%)$3,798177 (59%)$7,703
2018-19201 (56%)$4,324201 (56%)$4,324216 (60%)$7,052
2019-20211 (67%)$3,760161 (51%)$4,375170 (54%)$6,609
2020-21185 (47%)$4,757185 (47%)$4,714235 (60%)$7,185
2021-22183 (44%)$4,813183 (44%)$4,813211 (50%)$7,145
2022-23171 (44%)$5,122171 (44%)$5,122199 (51%)$7,001
Average178 (55.56%)$4,600171 (53.22%)$4,384181 (54.56%)$7,546
*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, 14 (77.00 % of students) received grants or scholarships and its average amount is $4,948. It can cover 28.44% of tuition & fees ($17,400).

In addition, 17 (79.88 % of students) students get helped from the students loans (average amount : $8,827).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-153 (100%)$3,8201 (33%)$9,500
2015-168 (80%)$5,34910 (100%)$11,884
2016-1714 (78%)$3,98415 (83%)$8,391
2017-1813 (62%)$5,09917 (81%)$10,510
2018-197 (64%)$5,1618 (73%)$8,757
2019-206 (100%)$5,1016 (100%)$6,167
2020-21----
2021-2214 (70%)$5,14919 (95%)$7,796
2022-2350 (62%)$5,92260 (74%)$7,611
Average14 (77.00%)$4,94817 (79.88%)$8,827
*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, 14 (74.88 % of students) received Pell (federal) grants and its average amount is $5,004.

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
2014-153 (100%)$3,820------
2015-168 (80%)$5,349------
2016-1714 (78%)$3,984------
2017-1813 (62%)$5,099------
2018-197 (64%)$5,161------
2019-205 (83%)$5,5454 (67%)$720----
2020-21--------
2021-2214 (70%)$5,149------
2022-2350 (62%)$5,922------
Average14 (74.88%)$5,0044 (67.00%)$720----
*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, 17 (79.88 % of students) get any students loan help and its average loan amount is $17.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-151 (33%)$9,5001 (33%)$9,500--
2015-1610 (100%)$11,88410 (100%)$11,884--
2016-1715 (83%)$8,39115 (83%)$8,391--
2017-1817 (81%)$10,51017 (81%)$10,510--
2018-198 (73%)$8,7578 (73%)$8,757--
2019-206 (100%)$6,1676 (100%)$6,167--
2020-21------
2021-2219 (95%)$7,79619 (95%)$7,796--
2022-2360 (74%)$7,61160 (74%)$7,611--
Average17 (79.88%)$8,82717 (79.88%)$8,827--

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