Cost of education drops for all students at Paul Mitchell the School-Provo in 2022-23 school year

Robin D. Bailey Jr., CDC Chief Operating Officer
Robin D. Bailey Jr., CDC Chief Operating Officer
0Comments

The tuition fee for attending Paul Mitchell the School-Provo dropped by 3% during the 2022-23 school year, based on the most recent disclosure, according to the latest disclosure from the National Center for Education Statistics.

Students enrolled in the private for-profit institution paid $17,460 this year, which is $540 less than the $18,000 charged in the 2021-22 academic year.

Approximately 81% of the undergraduate students at the school are residents of Utah, while the remaining 19% come from other states.

Data indicates that 84% of full-time undergraduates who began studies at Paul Mitchell the School-Provo in 2022-23 received some form of student financial aid. Specifically, 19 students were awarded grants or scholarships totaling $102,629, and 21 students obtained student loans exceeding $176,713.

Across all undergraduates, 64 students benefited from grants or scholarships amounting to $328,372. Additionally, 55 students borrowed a total of $442,338 in federal student loans.

Undergraduate education costs have seen a significant increase over the past few decades. Data shows a 169% rise in the average total cost, including tuition, fees, room, and board, between 1980 and 2020.

According to a 2023 College Board report, in-state students at public universities paid an average of $11,260, while out-of-state students paid $29,150 in the 2023-24 academic year.

Meanwhile, student loan debt has steadily increased over the last 30 years, reaching $1.75 trillion in 2024, averaging a total of $28,950 per borrower. Federal loans make up 92% of the debt, with over half of students at both public and private four-year colleges graduating with student loans.

Available data sometimes exceeds 100% due to rounding and administrative calculations.

Undergraduate Financial Aid

The following data includes only full-time students who began an undergraduate program at the Paul Mitchell the School-Provo in the 2022-23 school year.

Type of Aid Number of students awarded aid Percent awarded aid Total amount of aid awarded Average amount of aid per student
Federal grants 17 55% $101,566 $5,974
State / local grant or scholarship 0 3% $0 $0
Institutional grants or scholarships 0 3% $0 $0
Grant or scholarship aid total 19 61% $102,629 $5,402
Federal student loans 21 68% $176,713 $8,415
Other student loans 0 0% $0 $0
Student loan aid 21 68% $176,713 $8,415
Total student aid 26 84% $279,342 $10,743

Information in this story was obtained from the National Center for Education Statistics. The source data can be found here.



Related

Andi Lipstein Fristedt, CDC Deputy Director for Policy , Communications, and Legislative Affairs /Chief Stragedy Officer

Cost increased for all Taylor Andrews Academy of Hair Design-Provo students during 2022-23 school year

Tuition increased by 2.3% for the 2022-23 academic year at the Taylor Andrews Academy of Hair Design-Provo, according to the latest data, according to the latest disclosure from the National Center for Education Statistics.

Todd Smith Campus President

Cost of education at Provo College stays the same for all students in 2022-23 school year

According to the latest report, tuition rates at Provo College remained steady for the 2022-23 academic year, according to the latest disclosure from the National Center for Education Statistics.

Howard Zucker, CDC Deputy Director for Global Health

Cost of college increased for all Renaissance Academie students during 2022-23 school year

Tuition at Renaissance Academie increased by 9.7% for the 2022-23 academic year, according to the latest available data, according to the latest disclosure from the National Center for Education Statistics.

Trending

The Weekly Newsletter

Sign-up for the Weekly Newsletter from Utah Valley Times.