by our College Data Analytics TeamThe majority of students are not billed the full sticker price of a school. Rather, they are offered a financial aid plan that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The price tag of going to Empire Beauty School-Cherry Hill can appear overwhelming, but bear in mind that many students obtain some kind of financial aid.
Just what financial aid solutions can Empire Beauty School-Cherry Hill deliver, and just what are you going to be eligible for? Keep reading for answers. Keep scrolling to find out what amount of financial assistance will be accessible to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. The figures below will help you estimate the aid you might receive from Empire Beauty School-Cherry Hill.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
For freshmen starting at Empire Beauty School-Cherry Hill, 82% of new full-time first-years were awarded at least some aid approximately 74 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 76% | $5,520 |
| Institutional grants & scholarships | 16% | $305 |
| Federal Pell grants | 76% | $5,373 |
| State/local grants | 0% | — |
| Federal student loans | 59% | $8,443 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. At Empire Beauty School-Cherry Hill, approximately 69% of undergraduate students received gift aid averaging $5,179 (among about 148 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 69% | $5,179 |
| Federal Pell grants | 68% | $5,024 |
| Federal student loans | 59% | $8,342 |
For students living on campus and receiving title-IV aid, grants averaged $5,142.
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 | $19,751 |
| $30,001 – $75,000 | $19,717 |
| Over $75,000 | $24,272 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
Net price is the average annual cost after grants and scholarships are subtracted from the published cost of attendance — the figure closest to what a typical aid-receiving student actually pays.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $19,137 |
| Off-campus title-IV students | $20,034 |
To get a personalized net price estimate, try Empire Beauty School-Cherry Hill’s net price calculator: www.empire.edu/net-price-calculator.
The middle student in the debt distribution at Empire Beauty School-Cherry Hill owes $6,756 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $6,756 |
| 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. The percentiles below describe the cumulative federal debt distribution for borrowers at Empire Beauty School-Cherry Hill.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,750 |
| 25th percentile | $4,750 |
| 75th percentile | $11,771 |
| 90th percentile (highest-debt students) | $15,051 |
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 | $6,638 |
| Middle income | $7,334 |
| High income | $7,389 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $6,646 |
| Continuing-generation students | $7,389 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $6,222 |
| Independent students | $7,389 |
Federal data publishes pre-calculated indicators that summarize debt outcomes. Empire Beauty School-Cherry Hill.
The Stafford loan program is the largest source of federal direct loans to undergraduates. The totals below capture Stafford lending at Empire Beauty School-Cherry Hill:
| Metric | Value |
|---|---|
| Stafford loan recipients | 17865 |
| Total Stafford loan amount | $179,553,763 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 3 |
| Total GI Bill amount | $35,309 |
| Average GI Bill amount per recipient | $11,770 |
References
More about our data sources and methodologies.