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What is the average financial aid amount at Michigan College of Beauty Monroe?

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For the academic year 2022-2023, total 86 full-time, first-time students (100% of all freshmen) awarded any student financial aid. The headcount includes the number of full-time, first-time degree seeking beginning undergraduate students.

For all undergraduate students, total 86 students (54% of all students) received grants or scholarships and the average grant amount is $6,252. In addition, 65 students received student loans and the average loan amount is $6,155.

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

Know more about Michigan College of Beauty-Monroe

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