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Empire Beauty School-Bloomfield Financial Aid and Scholarship Details

88% Freshmen Get Financial Aid
$5,528 Average Grant & Scholarship
69% Undergrads Get Grant Aid

Most students are not billed the complete price tag of a school. Rather, they are presented a financial aid deal that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The total price of attendance at Empire Beauty School-Bloomfield can feel overwhelming, but bear in mind that many students receive some sort of financial aid.

Just what financial aid solutions can Empire Beauty School-Bloomfield deliver, and just what are you going to be eligible for? Keep reading for answers. Scroll down to learn just how much financial aid will be open to you.

Understanding Empire Beauty School-Bloomfield Financial Aid Information

The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. The information provided on this page can help you determine how much aid you may receive from Empire Beauty School-Bloomfield.

What First Years Receive at Empire Beauty School-Bloomfield

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. Note that some aid is more valuable than the rest, and individual awards are far from uniform.

Among first-time, full-time freshmen at Empire Beauty School-Bloomfield, 88% of the incoming full-time class was awarded financial aid around 75 incoming students).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)78%$5,978
Institutional grants & scholarships12%$170
Federal Pell grants78%$5,875
State/local grants0%
Federal student loans71%$7,942

Grant Aid for Undergraduates at Empire Beauty School-Bloomfield

Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. At Empire Beauty School-Bloomfield, roughly 69% of undergraduate students received gift aid averaging $5,528 (for some 154 students).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)69%$5,528
Federal Pell grants69%$5,422
Federal student loans64%$8,176

Among title-IV aid recipients living on campus, grant and scholarship aid averaged $5,557.

Aid by Income Level at Empire Beauty School-Bloomfield

Since aid is largely need-based, the real cost of attendance falls steeply for lower-income families.

Family IncomeAverage Net Price
$0 – $48,000$17,231
$30,001 – $75,000$17,837
Over $75,000$22,406

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

The Real Cost of Attending Empire Beauty School-Bloomfield

Net price is the cost remaining after grant and scholarship aid is subtracted from the sticker price, and it is the most useful single number for estimating real cost.

CohortAverage Net Price
On-campus title-IV students$17,191
Off-campus title-IV students$17,491

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

Student Debt Levels at Empire Beauty School-Bloomfield

The middle student in the debt distribution at Empire Beauty School-Bloomfield owes $7,667 of cumulative federal debt.

MetricAmount
Median federal debt (all student-aid borrowers)$7,667
Median federal debt (graduates only)$13,000
Typical 10-year monthly payment (graduates)$137.82/mo

That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.

How Debt Is Distributed Across Students

Looking only at the median can be misleading because it hides the spread. These percentiles trace how cumulative federal debt is spread among borrowers at Empire Beauty School-Bloomfield.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$2,750
25th percentile$4,750
75th percentile$12,120
90th percentile (highest-debt students)$15,720

Student Debt by Cohort at Empire Beauty School-Bloomfield

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

By Family Income

Income tierMedian federal debt
Low income$7,212
Middle income$7,667
High income$9,617

First-Generation Comparison

CohortMedian federal debt
First-generation students$7,667
Continuing-generation students$9,173

By Dependency Status

CohortMedian federal debt
Dependent students$7,646
Independent students$8,437

Is the Debt Manageable?

The Department of Education computes summary indicators that describe debt outcomes at a glance. Empire Beauty School-Bloomfield.

Federal Loan Volume at Empire Beauty School-Bloomfield

The Stafford program is the federal direct-loan vehicle most undergraduates use. These figures summarize annual Stafford program activity at Empire Beauty School-Bloomfield:

MetricValue
Stafford loan recipients16226
Total Stafford loan amount$172,321,812

Veteran and Military Aid at Empire Beauty School-Bloomfield

If you are a veteran or active-duty service member, the GI Bill and DoD Tuition Assistance are the primary federal programs you can use at this school.

GI Bill volume

MetricValue
GI Bill recipients0
Total GI Bill amount$0

References

More about our data sources and methodologies.

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