Number Received Financial Aid (All Undergraduate)
88
Percent Received Financial Aid(All Undergraduate)
54%
Average Aid Amount
$3,826
Number Received Financial Aid (Freshmen)
88
Percent Received Financial Aid (Freshmen)
100%
Financial Aid Information at Michigan College of Beauty-Monroe
For the academic year 2023-2024, a total of 88 students (54% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $3,826. For freshmen (Full-time, first-time degree-seeking undergraduate students), 88 students (100% of enrolled students) received financial aid.
The 2025 undergraduate tuition & fees at Michigan College of Beauty-Monroe is $17,275, for reference.
All Undergraduate Students Financial Aid
For the academic year 2023-2024, a total of 88 students (54% of all students) have received grants or scholarships and the average received aid amount is $3,826. It includes federal, state, local, institutional, or other sources of grant aid.
The following table describes the financial aid statistics by aid types at Michigan College of Beauty-Monroe for all undergraduate students.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Federal, state, local, institutional or other grant aid | 88 | 54% | $3,826 |
| Pell Grants | 57 | 35% | $5,124 |
| Federal Student Loans | 122 | 75% | $5,800 |
Beginning Students Financial Aid
a total of 88 beginning students (100% of all freshmen) have received any financial aid and 88 students (100% of all freshmen) awarded any student loans. The headcount includes the number of full-time, first-time degree-seeking beginning undergraduate students.
The below table shows the number and amount by the source of financial aid at Michigan College of Beauty-Monroe.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Any Student Financial Aid | 88 | 100% | - |
| Grants or Scholarship from All Sources | 67 | 76% | $2,271 |
| Federal Grants | 44 | 50% | $2,936 |
| Pell Grants | 44 | 50% | $2,936 |
| Other Federal Grants | 0 | 0% | - |
| State/Local Grants | 0 | 0% | - |
| Institutional Grants | 23 | 26% | $1,000 |
| Student Loans | 66 | 75% | $3,935 |
| Federal Student Loans | 66 | 75% | $3,935 |
| Other Student Loans | 0 | 0% | - |
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