Michigan College of Beauty-Monroe

https://michigancollegebeauty.com

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2023 Average Net Price

$12,599

After Financial Aid

2020 Default Rate

on Student Loans

About

Michigan College of Beauty-Monroe is a higher education institution located in Monroe County, MI. In 2023, the most popular Certificate of at least 1 but less than 2 academic years concentrations at Michigan College of Beauty-Monroe were Aesthetician & Skin Care Specialist (47 degrees awarded), Nail Specialist & Manicurist (19 degrees), and Cosmetology, Barber, & Nail Instructor (1 degrees).

In 2020 the default rate for borrower's at Michigan College of Beauty-Monroe was 0%, corresponding to 0 out of the 68 total borrowers.

Not applicable, not in Carnegie universe (not accredited or nondegree-granting)Unknown

Costs

After taking grants and loans into account, the average net price for students is $12,599.

In 2023, 54% of undergraduate students attending Michigan College of Beauty-Monroe received financial aid through grants. Comparatively, 75% of undergraduate students received financial aid through loans.

Average Net Price

$12,599

2023 Value

4.31%

1 Year Growth

In 2023 Michigan College of Beauty-Monroe had an average net price — the price paid after factoring in grants and loans — of $12,599. Between 2022 and 2023, the average net price of Michigan College of Beauty-Monroe grew by 4.31%.

This chart compares the average net price of Michigan College of Beauty-Monroe (in red) with that of other similar universities.

Average net price is calculated from full-time beginning undergraduate students who were awarded a grant or scholarship from federal, state or local governments, or the institution.

Financial Aid by Income Level

54%

Undergraduates Receiving Financial Aid through Grants

75%

Undergraduates Receiving Financial Aid through Loans

54% of undergraduate students at Michigan College of Beauty-Monroe received financial aid through grants or loans in 2023. This represents a growth of 0% with respect to 2022, when 54% of undergraduate students received financial aid.

This chart compares the average award discount at Michigan College of Beauty-Monroe (in red) with that of other similar universities.

The average award discount is the ratio between the average grant or scholarship value, and the cost, which is the sum of out-of-state tuition, room, board, book, supplies, and other expenses.

Student Loan Default Rate

Cohort default rates only account for borrowers who default in the first three years, and some schools only have a small proportion of borrowers entering repayment. These rates should be interpreted with caution, as they may not be reflective of the entire school population.

2020 Default Rate

Number of Defaults

In 2020 the default rate for borrower's at Michigan College of Beauty-Monroe was 0%, which represents 0 out of the 68 total borrowers.

A cohort default rate is the percentage of a school's borrowers who enter repayment on certain Federal Family Education Loan (FFEL) Program or William D. Ford Federal Direct Loan (Direct Loan) Program loans during a particular federal fiscal year (FY), October 1 to September 30, and default or meet other specified conditions prior to the end of the second following fiscal year.

Enrollment

Michigan College of Beauty-Monroe had a total enrollment of N/A students in N/A. The full-time enrollment at Michigan College of Beauty-Monroe is N/A students and the part-time enrollment is N/A. This means that N/A% of students enrolled at Michigan College of Beauty-Monroe are enrolled full-time.

The enrolled student population at Michigan College of Beauty-Monroe, both undergraduate and graduate, is 73% White, 16% Black or African American, and 7% Hispanic or Latino.

Students enrolled at Michigan College of Beauty-Monroe in full-time Undergraduate programs are most commonly White Female (62.4%), followed by Black or African American Female (21.8%) and Hispanic or Latino Female (7.11%).

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)

White
73 enrolled students
Black or African American
16 enrolled students
Hispanic or Latino
7 enrolled students

The enrolled student population at Michigan College of Beauty-Monroe is 73% White, 16% Black or African American, and 7% Hispanic or Latino. This includes both full-time and part-time students as well as graduate and undergraduates.

Graduates

The most common Certificate of at least 1 but less than 2 academic years concentration at Michigan College of Beauty-Monroe is Aesthetician & Skin Care Specialist (47 degrees awarded), followed by Nail Specialist & Manicurist (19 degrees) and Cosmetology, Barber, & Nail Instructor (1 degrees).

In 2023, the most specialized majors across all degree types at Michigan College of Beauty-Monroe, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Personal & Culinary Services (89 degrees awarded).

Common Jobs by Major

Chefs & head cooks

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Michigan College of Beauty-Monroe are Chefs & head cooks (7,906 people), Cooks (2,655 people), Morticians, undertakers, & funeral directors (2,587 people), Food service managers (2,017 people), and Customer service representatives (1,079 people).

The most specialized majors at Michigan College of Beauty-Monroe in 2023 are Personal & Culinary Services (89 degrees awarded) (as of 2023).

Highest Paying Jobs by Major

Chief executives & legislators

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Michigan College of Beauty-Monroe are Chief executives & legislators, Lawyers, & judges, magistrates, & other judicial workers, Lodging managers, Financial managers, and Management analysts

The most specialized majors at Michigan College of Beauty-Monroe are Personal & Culinary Services (89 degrees awarded) (as of 2023).

Common Industries by Major

Restaurants & Food Services

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Michigan College of Beauty-Monroe are Restaurants & Food Services (12,244 people), Funeral homes, & cemeteries & crematories (3,016 people), Traveler accommodation (1,919 people), Elementary & secondary schools (1,775 people), and Construction (1,430 people).

The most specialized majors at Michigan College of Beauty-Monroe are Personal & Culinary Services (89 degrees awarded) (as of 2023).

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Michigan College of Beauty-Monroe.

N/A

Most Common (2023)

N/A degrees awarded

In 2023, the most common N/A concentration at Michigan College of Beauty-Monroe was N/A with N/A degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from N/A programs at Michigan College of Beauty-Monroe according to their major.