Rhode Island students paid $9,368 to attend the private for-profit school this year – $5,082 less than the $14,450 charged for 2017-18.
Data shows 53 percent of full-time undergraduates who started school in 2015-16 received student financial aid in some form. In all, 68 students received grants or scholarships totaling $236,211 and 99 students took out student loans totaling more than $590,681.
Including all undergraduates (117), 69 students used grants or scholarships totaling $284,987, and 98 students took out $593,910 in federal student loans.
The cost of attending
| Enrollment | 2015-16 | 2016-17 | 2017-18 | 2018-19 | Change in tuition and fees 2015-16 to 2018-19 | |
|---|---|---|---|---|---|---|
| In-state | ~96 | $13,660 | $13,660 | $14,450 | $9,368 | -31.4% |
Undergraduate financial aid
The following data includes only full-time students who began an undergraduate program at MKG Beauty & Business in 2015-16.| Type of Aid | Number of students receiving aid | Percent receiving aid | Total amount of aid received | Average amount of aid per student |
|---|---|---|---|---|
| Federal grants | 68 | 32% | $236,211 | $3,474 |
| State / local grant or scholarship | 0 | 0% | $0 | - |
| Institutional grants or scholarships | 0 | 0% | $0 | - |
| Grant or scholarship aid total | 68 | 32% | $236,211 | $3,474 |
| Federal student loans | 97 | 46% | $589,375 | $6,076 |
| Other student loans | - | 1% | - | - |
| Student loan aid | 99 | 47% | $590,681 | $5,966 |
| Total student aid | 111 | 53% | - | - |
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