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Monroe Review

Thursday, November 7, 2024

Cost of college went down for all students at Michigan College of Beauty-Monroe

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Tuition and fees fell 0.1 percent for 2018-19 at Michigan College of Beauty-Monroe, according to recent data from the U.S. Department of Education.

Michigan students paid $15,150 to attend the private for-profit school this year – $21 less than the $15,171 charged for 2017-18.

Data shows 100 percent of full-time undergraduates who started school in 2015-16 received student financial aid in some form. In all, 70 students received grants or scholarships totaling $156,710 and 38 students took out student loans totaling more than $125,673.

Including all undergraduates (117), 80 students used grants or scholarships totaling $275,334, and 71 students took out $429,155 in federal student loans.

The cost of attending
Enrollment2015-162016-172017-182018-19Change in tuition and fees 2015-16 to 2018-19
In-state~106$13,175$14,171$15,171$15,15015%

Undergraduate financial aid
The following data includes only full-time students who began an undergraduate program at Michigan College of Beauty-Monroe in 2015-16.
Type of AidNumber of students receiving aidPercent receiving aidTotal amount of aid receivedAverage amount of aid per student
Federal grants7093%$156,710$2,239
State / local grant or scholarship00%$0-
Institutional grants or scholarships00%$0-
Grant or scholarship aid total7093%$156,710$2,239
Federal student loans3851%$125,673$3,307
Other student loans00%$0-
Student loan aid3851%$125,673$3,307
Total student aid75100%--

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