by our College Data Analytics TeamA large number of students will not be asked to pay 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 total cost of going to Empire Beauty School-Cincinnati can seem tremendous, but do not forget that almost all students are given some form of financial help.
Just what financial assistance solutions will Empire Beauty School-Cincinnati provide, and just what are you going to be eligible for? Read on for answers. Read on to discover 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-Cincinnati.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
For freshmen starting at Empire Beauty School-Cincinnati, 94% of first-year full-time students received aid of some kind approximately 119 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 76% | $5,849 |
| Institutional grants & scholarships | 21% | $680 |
| Federal Pell grants | 74% | $5,743 |
| State/local grants | 0% | — |
| Federal student loans | 61% | $7,221 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. At Empire Beauty School-Cincinnati, approximately 71% of the undergraduate population received grant aid that averaged $5,546 (across roughly 208 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 71% | $5,546 |
| Federal Pell grants | 69% | $5,469 |
| Federal student loans | 56% | $8,044 |
On-campus students receiving title-IV aid were awarded grants averaging $5,789.
Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $16,252 |
| $30,001 – $75,000 | $16,991 |
| Over $75,000 | $21,918 |
Each figure is the net price after grants and scholarships, not the published sticker price.
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 | $16,926 |
| Off-campus title-IV students | $16,707 |
To project your own net price, use Empire Beauty School-Cincinnati’s net price tool: www.empire.edu/net-price-calculator.
The median student at Empire Beauty School-Cincinnati graduates with $6,155 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $6,155 |
| Median federal debt (graduates only) | $16,500 |
| Typical 10-year monthly payment (graduates) | $174.93/mo |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown 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-Cincinnati.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,750 |
| 25th percentile | $4,412 |
| 75th percentile | $12,216 |
| 90th percentile (highest-debt students) | $15,452 |
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 | $6,066 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $6,155 |
| Independent students | $6,443 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. Empire Beauty School-Cincinnati.
Stafford loans are the federal government’s primary direct undergraduate lending program. The annual Stafford volume below reflects program activity at Empire Beauty School-Cincinnati:
| Metric | Value |
|---|---|
| Stafford loan recipients | 1524 |
| Total Stafford loan amount | $15,136,464 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
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.