Undergraduate Financial Aid by Type

The average amount of grants of scholarship aid is $5,084 and the average loan amount is $2,764. The average financial aid amount is 23.65% of tuition & fees (tuition & fees: $21,500).
Number Receiving AidPercent Receiving AidTotal Amount of Aid ReceivedAverage Amount of Aid Received
Grant or scholarship aid305 66%$1,550,587$5,084
Pell Grants305 66%$591,438$1,939
Federal Students Loans347 75%$959,149$2,764

Undergraduate Student Financial Aid Comparison Chart

First-time (full-time) Undergraduate Students Financial Aid

For the full-time, first-time undergraduate students (freshmen, in most cases), 159 students have received one or more types of financial aid at Michigan College of Beauty-Troy.
The average amount of federal, state, local or institutional grant aid is $3,720 and the average amount of student loans awarded to full-time first-time undergraduate students is $5,213.
The following table shows the financial data by type of aid at Michigan College of Beauty-Troy.

First-time Undergraduate Financial Aid by Type

Number Receiving AidPercent Receiving AidTotal Amount of Aid ReceivedAverage Amount of Aid Received
Any Financial Aid19481%--
Grant or scholarship aid159 66%$591,438$3,720
Federal Grants159 66%$591,438$3,720
Pell Grants159 66%$591,438$3,720
Other Federal Grants0 0%$0$0
State/Local Grants0 0%$0$0
Institutional Grants0 0%$0$0
Student Loans184 77%$959,149$5,213
Federal Student Loans184 77%$959,149$5,213
Other Student Loans0 0%$0$0