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

-16%

Received Percent Changed

-$96

Received Amount Changes

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 114, which is 51.44 % of all undergraduate students. 123 students which is 55.44% of undergraduate students received federal student loans and the average loan amount is $8,190.

For full-time, first-time beginning students (freshmen), 72.00% of students received grants or scholarships and 82% 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-Albuquerque since 2014.

For that period, the average number of students who received grants aid/scholarships is 114, which is 51.44 % of all undergraduate students. 123 students which is 55.44% of undergraduate students received federal student loans and the average loan amount is $8,190.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-15117 (60%)$4,683116 (59%)$4,643146 (74%)$10,351
2015-16126 (56%)$4,651122 (54%)$4,450147 (66%)$9,226
2016-17141 (57%)$4,319141 (57%)$4,227155 (62%)$9,059
2017-18165 (63%)$4,368165 (63%)$4,308156 (59%)$7,621
2018-19111 (49%)$4,628109 (48%)$4,656129 (57%)$8,231
2019-2099 (44%)$4,36399 (44%)$4,363101 (45%)$7,618
2020-2176 (40%)$4,34676 (40%)$4,34676 (40%)$7,195
2021-22111 (50%)$4,706111 (50%)$4,706115 (52%)$7,576
2022-2378 (44%)$4,58778 (44%)$4,58778 (44%)$6,836
Average114 (51.44%)$4,517113 (51.00%)$4,476123 (55.44%)$8,190
*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, 27 (72.00 % of students) received grants or scholarships and its average amount is $5,193. It can cover 54.67% of tuition & fees ($9,500).

In addition, 30 (81.78 % of students) students get helped from the students loans (average amount : $9,144).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-1523 (66%)$5,32428 (80%)$12,635
2015-1629 (78%)$5,27935 (95%)$11,056
2016-1745 (82%)$4,68951 (93%)$10,535
2017-1819 (90%)$6,03921 (100%)$9,906
2018-1913 (59%)$5,95816 (73%)$8,679
2019-2033 (77%)$4,56634 (79%)$8,287
2020-2123 (79%)$4,83824 (83%)$6,451
2021-2236 (67%)$4,65238 (70%)$8,372
2022-2320 (50%)$5,39525 (63%)$6,372
Average27 (72.00%)$5,19330 (81.78%)$9,144
*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, 27 (72.00 % of students) received Pell (federal) grants and its average amount is $5,057.

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
2014-1523 (66%)$5,324------
2015-1629 (78%)$5,279------
2016-1745 (82%)$4,467----1 (2%)$10,000
2017-1819 (90%)$5,513----1 (5%)$10,000
2018-1913 (59%)$5,481----2 (9%)$3,100
2019-2033 (77%)$4,566------
2020-2123 (79%)$4,838------
2021-2236 (67%)$4,652------
2022-2320 (50%)$5,395------
Average27 (72.00%)$5,057----1 (5.33%)$7,700
*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, 30 (81.78 % of students) get any students loan help and its average loan amount is $30.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-1528 (80%)$12,63528 (80%)$12,635--
2015-1635 (95%)$11,05635 (95%)$11,056--
2016-1751 (93%)$10,53551 (93%)$10,535--
2017-1821 (100%)$9,90621 (100%)$9,906--
2018-1916 (73%)$8,67916 (73%)$8,679--
2019-2034 (79%)$8,28734 (79%)$8,287--
2020-2124 (83%)$6,45124 (83%)$6,451--
2021-2238 (70%)$8,37238 (70%)$8,372--
2022-2325 (63%)$6,37225 (63%)$6,372--
Average30 (81.78%)$9,14430 (81.78%)$9,144--

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