by our College Data Analytics TeamMany students are not billed 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 price tag of going to Empire Beauty School-Cheltenham can appear overwhelming, but bear in mind that many students obtain some kind of financial aid.
Just what financing solutions does Empire Beauty School-Cheltenham provide, and just what are you going to be eligible for? Keep scrolling for answers. Read on to see what amount of financial assistance could be accessible to you.
The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. The information provided on this page can help you determine how much aid you may receive from Empire Beauty School-Cheltenham.
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.
For freshmen starting at Empire Beauty School-Cheltenham, 83% of the incoming full-time class was awarded financial aid around 105 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 77% | $5,810 |
| Institutional grants & scholarships | 16% | $160 |
| Federal Pell grants | 77% | $5,678 |
| State/local grants | 0% | — |
| Federal student loans | 69% | $8,108 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. Across the undergraduate body at Empire Beauty School-Cheltenham, about 77% of undergraduates were awarded an average grant or scholarship of $5,130 (for some 198 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 77% | $5,130 |
| Federal Pell grants | 77% | $5,041 |
| Federal student loans | 64% | $7,958 |
For students living on campus and receiving title-IV aid, grants averaged $5,812.
How much a family pays depends heavily on income, because most aid is awarded on the basis of financial need.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $18,753 |
| $30,001 – $75,000 | $18,260 |
| Over $75,000 | $23,277 |
Remember these are net prices — what families pay after gift aid, not before.
The net price represents the average annual cost a title-IV-receiving student pays after grant aid is subtracted from the full cost of attendance.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $18,171 |
| Off-campus title-IV students | $18,891 |
To get a personalized net price estimate, try Empire Beauty School-Cheltenham’s online cost calculator: www.empire.edu/net-price-calculator.
Graduating students at Empire Beauty School-Cheltenham carry a median federal student debt of $7,851 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $7,851 |
| 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.
The numbers below show the full range, not just the middle of the distribution. The percentiles below describe the cumulative federal debt distribution for borrowers at Empire Beauty School-Cheltenham.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,750 |
| 25th percentile | $4,750 |
| 75th percentile | $12,322 |
| 90th percentile (highest-debt students) | $14,604 |
Median debt varies by family income, by first-generation status, and by dependency status.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $7,667 |
| Middle income | $7,972 |
| High income | $7,917 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $7,667 |
| Continuing-generation students | $7,917 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $7,667 |
| Independent students | $7,917 |
The figure below distills the debt data into a single burden category for Empire Beauty School-Cheltenham.
Most undergraduate borrowing runs through the federal Stafford loan program. Below is the annual Stafford program activity at Empire Beauty School-Cheltenham:
| Metric | Value |
|---|---|
| Stafford loan recipients | 17851 |
| Total Stafford loan amount | $183,144,138 |
The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 1 |
| Total GI Bill amount | $599 |
| Average GI Bill amount per recipient | $599 |
References
More about our data sources and methodologies.