Michigan College of Beauty-Troy campus
Michigan College of Beauty-Troy logo

Michigan College of Beauty-Troy

Type Less than 2 year, Private
Business Model For Profit
Campus locale City: Small
Degrees offered Undergraduate
Calendar system Continuous
Student body size Small
Student to faculty ratio 19 to 1
Students retention rate 76%
On-time graduation rate 31%

Located in Troy, Michigan, Michigan College of Beauty-Troy is a private, for profit institution that offers undergraduate degrees. The college operates on a continuous calendar system, providing flexibility in scheduling.

One of the notable aspects of Michigan College of Beauty-Troy is its open admission policy. This means that all high school graduates and individuals who hold a GED qualification are eligible to apply for admission. This inclusive approach allows a wide range of students to pursue their higher education goals, regardless of their academic background.

Michigan College of Beauty-Troy is accredited by the National Accrediting Commission of Career Arts and Sciences, ensuring that the institution meets certain standards of quality and effectiveness. This accreditation also allows students to transfer credits to other accredited institutions if they choose to continue their education elsewhere.

The student-to-faculty ratio at Michigan College of Beauty-Troy is 19-to-1, which is slightly higher than both the state and national averages. The state average student-to-faculty ratio in Michigan is 15-to-1, while the national average is 16-to-1. A lower student-to-faculty ratio generally allows for more personalized attention and interaction between students and faculty.

While the on-time graduation rate at Michigan College of Beauty-Troy is reported to be 31%, it is essential to consider the context of this statistic. For-profit institutions often serve a diverse student population, including many non-traditional students who may face unique challenges in completing their degrees. For comparison, Michigan state's graduation rate for the 2021-2022 was 48% whereas the national average was 69%.

Michigan College of Beauty-Troy boasts an impressive student retention rate of 76% , indicating that the majority of students choose to continue their education at the institution. This number surpasses both the state and national averages of 76% and 76%, respectively.


  • Accredited by: National Accrediting Commission of Career Arts and Sciences

Admission

Open Admission

The institution does not have any selection criteria for enrollment. All high school graduates and GED certificate holders are eligible for admission.

Tuition & Fees

The most popular programs at Michigan College of Beauty-Troy are Aesthetician/Esthetician and Skin Care Specialist, Cosmetology, Barber/Styling, and Nail Instructor. Below is the cost of attendance for these programs as well as the cost of attendance for similar schools that provide the same program.

Aesthetician/Esthetician and Skin Care Specialist

Cosmetology, Barber/Styling, and Nail Instructor

Average Net Price

The net price represents the amount of money students pay after receiving financial aid. In 2022, the average net price for first-year, full-time students at Michigan College of Beauty-Troy was $18,118. This amount varies among students due to the different levels of financial aid offered based on their family's financial status.

Financial aid includes federal, state, or local government grants and institutional grants and scholarships

Michigan College of Beauty-Troy net price calculator

$18,118

Below is the average net price of Less than 2 year, private For Profit colleges in Michigan and nationwide.

Michigan's average $12,908
National average $17,367
Below is the net price of Michigan College of Beauty-Troy for the past 10 years categorized by different levels of family income brackets.
Year Average Price Change Less than $30k $30k to $48k $48k to $75k $75k to $110k over $110k
2022 $18,118 $208 (1%) $18,294 $20,297 $21,270
2021 $17,910 $2,321 (15%) $18,918 $19,857 $21,164
2020 $15,589 $439 (3%) $15,558 $19,476
2019 $15,150 $89 $15,037
2018 $15,061 $447 (3%) $14,528 $18,923 $18,923 $18,923
2017 $14,614 $365 (2%) $15,070 $15,243 $18,820
2016 $14,979 $2,152 (13%) $14,751 $15,412 $19,474
2015 $17,131 $24 $17,104 $17,410 $21,723
2014 $17,107 -- $16,908 $17,006 $21,614 $21,614

How does Michigan College of Beauty-Troy's $18,118 net price compare to similar institutions nationwide?

The national average net price of private, Less than 2 year institutions is $17,367. However, for Michigan colleges, that number is $12,908. The table below displays the average net price of comparable colleges:
College name College Type Average net price Comparison
Highlights Beauty Schools logo Highlights Beauty Schools
Mountlake Terrace WA
Private $11,841 35% Cheaper

Tuition Plans

Tuition plans offered by Michigan College of Beauty-Troy during 2022 academic year.

  • Prepaid tuition plan
    Not Offered
  • Guaranteed tuition plan
    Not Offered
  • Tuition payment plan
    Offered
  • Other alternative tuition plan
    Not Offered

Financial Aid

Average Grant & Scholarships

In 2022, 69 of freshman students at Michigan College of Beauty-Troy received on average $4,953 in grant and scholarships from the college, the state and/or the federal government. Below is detail stats of the aid provided to full-time, freshman students.

$4,953
Students Receiving Aid Average Amount Total Amount
Pell Grant 191 69% $4,953 $946,023
Other Federal Grant 191 69% $4,953 $946,023
State Grant/Scholarships 0 0% - -
Institutional Grant/Scholarships 0 0% - -
Total Grant & Scholarships 191 69% $4,953 $946,023

Average Student Loans

In 2022, 79% of freshman students at Michigan College of Beauty-Troy received $6,301 (average) in federal student loan. Below is detail stats of all the loans provided to full-time, freshman students.

$6,301
Students Receiving Loan Average Amount Total Amount
Federal Student Loans 217 79% $6,301 $1,367,317
Private Loans 0 0% - -
Total Loans 217 79% $6,301 $1,367,317

Financial Aid By Income Level

Financial aid breakdown by students family income level. The data is organized by income level group starting from families making below $30k to above $110k.

NO DATA
NO DATA

Academic Programs

Below is a list of academic programs offered at Michigan College of Beauty-Troy sorted by popularity.

Culinary and Personal Services

Total number of students graduated under this category 211

Aesthetician/Esthetician and Skin Care Specialist

Undergraduate Certificate 129 students

Nail Technician/Specialist and Manicurist

Undergraduate Certificate 40 students

Cosmetology/Cosmetologist

Undergraduate Certificate 37 students

Cosmetology, Barber/Styling, and Nail Instructor

Undergraduate Certificate 5 students

Outcome

Graduation Rate

Out of 233 students who enrolled in 2018 and after, 72 students graduated within the normal graduation time of their respective program and 163 students graduated late (within 150% of the normal time it takes to graduate).

70.0%

Dropout Rate

Out of 233 students who enrolled in 2018 and after, 70 students dropped out of the school.

30.0%

Students Population

Gender Diversity

Very Low

Based on the 2021-2022 data, the undergraduate student population at Michigan College of Beauty-Troy is greatly skewed towards women students, with 96.3% of undergraduate students being women and 3.7% being men. The total number of full-time, first-year undergraduate students is 323, with 311 women and 12 men.

  • men 3.7% 12 students
  • women 96.3% 311 students

Students Age Diversity

  • 25-29 29% 93 students
  • 20-21 20% 63 students
  • 22-24 15% 47 students
  • 30-34 12% 40 students
  • 18-19 12% 39 students
  • 35-39 6% 18 students
  • 40-49 6% 18 students
  • 50-64 2% 5 students

Miscellaneous

Service Offerings

Michigan College of Beauty-Troy provides the following additional services to its students
  • Placement services for graduates
  • Academic/career counseling services

Educational Offerings

Michigan College of Beauty-Troy offers educational programs in the following categories. Check the programs page to learn more about specific programs that you are interested in.
  • Occupational

Veteran Services

  • Yellow Ribbon Program (officially known as Post-9/11 GI Bill, Yellow Ribbon Program)