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What is the average loan amount 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

Know more about Michigan College of Beauty-Monroe

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