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.
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.
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 Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 62% | $5,467 |
| Institutional grants & scholarships | 11% | $140 |
| Federal Pell grants | 62% | $5,371 |
| State/local grants | 0% | — |
| Federal student loans | 51% | $7,792 |
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 Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 57% | $5,338 |
| Federal Pell grants | 57% | $5,261 |
| Federal student loans | 44% | $8,150 |
On-campus students receiving title-IV aid were awarded grants averaging $4,804.
The figures below show the average net price — cost after all grant and scholarship aid — broken out by family income.
| Family Income | Average 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.
After grants and scholarships come off the published price, what remains is the net price — the best estimate of true out-of-pocket cost.
| Cohort | Average 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.
Graduating students at Empire Beauty School-Aurora carry a median federal student debt of $6,222 of cumulative federal debt.
| Metric | Amount |
|---|---|
| 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.
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.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,750 |
| 25th percentile | $4,750 |
| 75th percentile | $10,274 |
| 90th percentile (highest-debt students) | $12,953 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $6,222 |
| Middle income | $6,222 |
| High income | $6,152 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $6,222 |
| Continuing-generation students | $6,222 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $6,222 |
| Independent students | $7,925 |
These indicators are derived from the underlying debt data and summarize the overall picture 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:
| Metric | Value |
|---|---|
| Stafford loan recipients | 16533 |
| Total Stafford loan amount | $148,604,775 |
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
| Metric | Value |
|---|---|
| GI Bill recipients | 3 |
| Total GI Bill amount | $18,524 |
| Average GI Bill amount per recipient | $6,175 |
References
More about our data sources and methodologies.