For the 2022-23 school year, tuition at Paul Mitchell the School-Portsmouth rose by 2.8%, as revealed in the most recent report, according to the latest disclosure from the National Center for Education Statistics.
Students enrolled at the private for-profit institution paid $18,500 this year, which is $500 more than the $18,000 charged during the 2021-22 academic year.
Approximately 44% of the undergraduate student body are residents of New Hampshire, while around 56% come from other states.
Data indicates that 76% of full-time undergraduates who began studies at Paul Mitchell the School-Portsmouth in 2022-23 received some form of student financial aid. Specifically, eight students were awarded grants or scholarships totaling $36,170, and 15 students obtained student loans exceeding $139,664.
Across all undergraduate students, 35 received grants or scholarships amounting to $136,769. Additionally, 52 students borrowed a total of $383,388 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.
The following data includes only full-time students who began an undergraduate program at the Paul Mitchell the School-Portsmouth 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 | 6 | 29% | $35,070 | $5,845 |
| State / local grant or scholarship | 0 | 0% | $0 | $0 |
| Institutional grants or scholarships | 0 | 14% | $0 | $0 |
| Grant or scholarship aid total | 8 | 38% | $36,170 | $4,521 |
| Federal student loans | 15 | 71% | $139,664 | $9,311 |
| Other student loans | 0 | 0% | $0 | $0 |
| Student loan aid | 15 | 71% | $139,664 | $9,311 |
| Total student aid | 16 | 76% | $175,834 | $10,989 |
Information in this story was obtained from the National Center for Education Statistics. The source data can be found here.
