by our College Data Analytics TeamA lot of students will not be asked to pay 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 sum total of attendance at Empire Beauty School-Chenoweth can sound overwhelming, but bear in mind that many students get some type of financial aid.
Just what financial aid solutions can Empire Beauty School-Chenoweth provide, and just what are you going to be eligible for? Keep reading for answers. Scroll down to see how much school funding could be available to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. Use the information below to understand how much financial assistance you may get from Empire Beauty School-Chenoweth.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
For incoming first-year students at Empire Beauty School-Chenoweth, 72% of new full-time first-years were awarded at least some aid some 50 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 55% | $5,793 |
| Institutional grants & scholarships | 17% | $1,644 |
| Federal Pell grants | 51% | $5,649 |
| State/local grants | 0% | — |
| Federal student loans | 51% | $7,064 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At Empire Beauty School-Chenoweth, approximately 55% of undergraduates were awarded grant or scholarship aid averaging $5,413 (for some 80 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 55% | $5,413 |
| Federal Pell grants | 52% | $5,235 |
| Federal student loans | 46% | $7,541 |
For on-campus title-IV students, average grant aid came to $5,793.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $14,446 |
| $30,001 – $75,000 | $15,162 |
| Over $75,000 | $16,645 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
The net price strips out grant and scholarship aid from the sticker price to show roughly what families really pay.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $14,240 |
| Off-campus title-IV students | $14,876 |
For an estimate tailored to your family circumstances, see Empire Beauty School-Chenoweth’s net price calculator: www.empire.edu/net-price-calculator.
The median federal debt load at Empire Beauty School-Chenoweth comes to $7,851 of federal student loans.
| 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 |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.
A single median figure conceals how much debt outcomes differ student to student. These percentiles trace how cumulative federal debt is spread among borrowers at Empire Beauty School-Chenoweth.
| 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 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $7,667 |
| Middle income | $7,972 |
| High income | $7,917 |
First-Generation Comparison
| 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-Chenoweth.
The Stafford program is the federal direct-loan vehicle most undergraduates use. Below is the annual Stafford program activity at Empire Beauty School-Chenoweth:
| Metric | Value |
|---|---|
| Stafford loan recipients | 17851 |
| Total Stafford loan amount | $183,144,138 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 0 |
| Total GI Bill amount | $0 |
References
More about our data sources and methodologies.