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Empire Beauty School-Aurora Paying for Your Degree

79% Freshmen Get Financial Aid
$5,338 Average Grant & Scholarship
57% Undergrads Get Grant Aid

A large number of students will not be asked to pay the full, advertised sticker price of a school. Instead, they will be given a financial aid offer that will include a combination of scholarships, grants, loans, and work-study. The sum total of attendance at Empire Beauty School-Aurora can sound overpowering, but remember that the majority of students get some type of financial assistance.

What financial assistance options will Empire Beauty School-Aurora offer you, and what will you qualify for? Read on for more information. Keep going to find out what amount of financial assistance will be accessible to you.

Why You Should Understand Empire Beauty School-Aurora Financial Aid Info

How much aid you qualify for depends largely on your family’s financial circumstances. The information provided on this page can help you determine how much aid you may receive from Empire Beauty School-Aurora.

Typical First Year Financial Aid at Empire Beauty School-Aurora

Financial aid, in the form of loans, grants, work-study, and scholarships, is one way colleges reduce the cost of attendance so most students can actually afford to attend. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.

Looking at the entering class at Empire Beauty School-Aurora, 79% of the incoming full-time class was awarded financial aid around 37 new students).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)62%$5,467
Institutional grants & scholarships11%$140
Federal Pell grants62%$5,371
State/local grants0%
Federal student loans51%$7,792

Grant Aid for Undergraduates at Empire Beauty School-Aurora

Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. At this school, around 57% of undergrads got grants or scholarships worth on average $5,338 (covering around 78 undergraduates).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)57%$5,338
Federal Pell grants57%$5,261
Federal student loans44%$8,150

On-campus students receiving title-IV aid were awarded grants averaging $4,804.

How Cost Varies by Income at Empire Beauty School-Aurora

The figures below show the average net price — cost after all grant and scholarship aid — broken out by family income.

Family IncomeAverage Net Price
$0 – $48,000$16,496
$30,001 – $75,000$19,005
Over $75,000$21,628

Each figure is the net price after grants and scholarships, not the published sticker price.

The Real Cost of Attending Empire Beauty School-Aurora

After grants and scholarships come off the published price, what remains is the net price — the best estimate of true out-of-pocket cost.

CohortAverage Net Price
On-campus title-IV students$18,186
Off-campus title-IV students$17,289

For a customized cost estimate, visit Empire Beauty School-Aurora’s online cost calculator: www.empire.edu/net-price-calculator.

How Much Students Borrow at Empire Beauty School-Aurora

Graduating students at Empire Beauty School-Aurora carry a median federal student debt of $6,222 of cumulative federal debt.

MetricAmount
Median federal debt (all student-aid borrowers)$6,222
Median federal debt (graduates only)$10,667
Typical 10-year monthly payment (graduates)$113.09/mo

Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.

Debt Spread by Percentile

Looking only at the median can be misleading because it hides the spread. Use the percentiles below to see the debt range at Empire Beauty School-Aurora.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$2,750
25th percentile$4,750
75th percentile$10,274
90th percentile (highest-debt students)$12,953

How Debt Outcomes Vary by Student Group at Empire Beauty School-Aurora

The figures below break down median federal debt by income tier, first-generation status, and dependency.

Debt by Income Tier

Income tierMedian federal debt
Low income$6,222
Middle income$6,222
High income$6,152

First-Gen vs Continuing-Gen Median Debt

CohortMedian federal debt
First-generation students$6,222
Continuing-generation students$6,222

Dependency-Status Comparison

CohortMedian federal debt
Dependent students$6,222
Independent students$7,925

Calculated Debt-Outcome Indicators

These indicators are derived from the underlying debt data and summarize the overall picture at Empire Beauty School-Aurora.

Stafford Loan Activity at Empire Beauty School-Aurora

Stafford loans are the federal government’s primary direct undergraduate lending program. These figures summarize annual Stafford program activity at Empire Beauty School-Aurora:

MetricValue
Stafford loan recipients16533
Total Stafford loan amount$148,604,775

GI Bill and DoD Benefits at Empire Beauty School-Aurora

Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.

Post-9/11 GI Bill activity

MetricValue
GI Bill recipients3
Total GI Bill amount$18,524
Average GI Bill amount per recipient$6,175

References

More about our data sources and methodologies.

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