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How many students are received the students loans at Michigan College of Beauty Monroe?

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For the academic year 2022-2023, total 56 full-time, first-time students (65% of all freshmen) have received student loans (federal or other source). For all undergraduate students, total 65 students (41% of all students) have received federal student loans and the average loan amount is $6,155 at Michigan College of Beauty-Monroe.

Below tables show the number and amount by source of financial aid at Michigan College of Beauty-Monroe.
All Undergraduate Student Financial Aid at Michigan College of Beauty-Monroe
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Federal, state, local, institutional or other grant aid8654%$6,252
Pell Grants5233%$5,282
Federal Student Loans6541%$6,155
Beginning Students (Freshmen) Financial Aid at Michigan College of Beauty-Monroe
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid86100%-
Grants or Scholarship from All Sources7587%$2,300
Federal Grants5260%$2,875
Pell Grants5260%$2,875
Other Federal Grants00%$0
State/Local Grants00%$0
Institutional Grants2327%$1,000
Student Loans5665%$3,775
Federal Student Loans5665%$3,775
Other Student Loans00%$0

What is the Loans to students?

Any monies that must be repaid to the lending institution for which the student is the designated borrower. Includes all Title IV subsidized and unsubsidized loans and all institutionally and privately sponsored loans. Does not include PLUS and other loans made directly to parents.

Know more about Michigan College of Beauty-Monroe

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