Cost of Attendance
Michigan College of Beauty-Monroe is known for offering a wide range of programs in a variety of streams, providing quality education to students. Compared to the tuition fees charged at most colleges, the cost of education at MCBM is quite low. As per the 2020 - 2021 official information, the average cost for the undergraduate courses offered at the college adds up to about $15,275, which includes the total tuition fees and other expenses. While books and supplies cost $2,725, the charges for other expenses stand at $1,929.
Students should understand that the tuition fees charged for their degree programs is not the only expense that is involved in the cost of attending the university. They will be required to plan for various other expenses associated with the cost of attendance, including lodging, dining, textbooks, supplies, and the cost of living, among other things. For students attending the university, the total tuition and fees for one year add up to about $15,275. In addition, the students will be needed to pay an average expense of $2,725 for books and supplies, $6,960 toward room and boarding, and $1,929 for different other expenses in a year. Therefore, the estimated cost of attendance for one year at MCBM is around $26,889, as per the available information.
Avg. Net Price
$0 to $30,000
$30,001 to $48,000
$48,001 to $75,000
$75,001 to $110,000
The net cost of attending Michigan College of Beauty-Monroe – the actual amount that students and their families are required to pay in a given year – varies depending on the candidate's annual family income. The net cost to be borne is typically higher for candidates whose family income is comparatively higher. So, it all essentially depends on the family income bracket of the student. At MCBM, the average net price is estimated to be around $11,751. Candidates whose annual family income is less than $30,000 will have to pay a net amount of $9,092. For the individuals whose income is somewhere between $30,001 and $48,000, the amount comes to $11,933. The amount stands at $13,825 for an annual income between $48,001 and $75,000 and at $13,825 for the $75,001-$110,000 income bracket.
At Michigan College of Beauty-Monroe, the estimated tuition and fees for candidates who have enrolled in undergraduate programs are $15,275 per year. Alongside that, they will likewise need to shell out around $6,960 toward their room and boarding charges. In this way, for one year, the total cost for undergraduate students comes to around $26,889.
The graduate and undergraduate courses have a varying cost per credit hour – which is the total program cost divided by the total number of credit hours of the program – that the student has to pay to attend MCBM. The students, who enroll for graduate courses, will have to bear a cost per credit hour of $2,036.
Students of MCBM who opt to live off-campus will be required to pay $8,889 per year toward housing. However, it is important to note that on-campus housing facilities have not been made available to students by the college. For off-campus students at the university, the room and board charges total about $6,960 per year. On the other hand, the charges toward books and supplies come to around $2,725. Meanwhile, the other expenses that one needs to plan for add up to $1,929 for off-campus students.
Housing & Other Expenses
Room & Boards
Book & Supplies
As per official data, the current projected cost for a four-year bachelor's degree, along with the living expenses, at the college is estimated to be around $135,157. In comparison, the total expenses for undergraduate students stood at $11,751 for 2018-2019, $11,745 for 2017-2018, and $11,174 for 2016-2017.
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