Number Received Financial Aid (All Undergraduate)
305
Percent Received Financial Aid(All Undergraduate)
66%
Average Aid Amount
$5,084
Number Received Financial Aid (Freshmen)
194
Percent Received Financial Aid (Freshmen)
81%
Financial Aid Information at Michigan College of Beauty-Troy
For the academic year 2021-2022, a total of 305 students (66% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $5,084. For freshmen (Full-time, first-time degree-seeking undergraduate students), 194 students (81% of enrolled students) received financial aid.
The 2024 undergraduate tuition & fees at Michigan College of Beauty-Troy is $21,500, for reference.
All Undergraduate Students Financial Aid
For the academic year 2021-2022, a total of 305 students (66% of all students) have received grants or scholarships and the average received aid amount is $5,084. 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-Troy 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 | 305 | 66% | $5,084 |
Pell Grants | 305 | 66% | $1,939 |
Federal Student Loans | 347 | 75% | $2,764 |
Beginning Students Financial Aid
a total of 194 beginning students (81% of all freshmen) have received any financial aid and 194 students (81% 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-Troy.
Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
---|---|---|---|
Any Student Financial Aid | 194 | 81% | - |
Grants or Scholarship from All Sources | 159 | 66% | $3,720 |
Federal Grants | 159 | 66% | $3,720 |
Pell Grants | 159 | 66% | $3,720 |
Other Federal Grants | 0 | 0% | $0 |
State/Local Grants | 0 | 0% | $0 |
Institutional Grants | 0 | 0% | $0 |
Student Loans | 184 | 77% | $5,213 |
Federal Student Loans | 184 | 77% | $5,213 |
Other Student Loans | 0 | 0% | $0 |
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