by our College Data Analytics TeamA large number of students will never be charged 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-Glen Burnie 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-Glen Burnie provide, and just what are you going to be eligible for? Keep reading for answers. Keep going to find out just how much financial aid will be open to you.
The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. Continue reading to find information to help you understand just how much assistance you can expect to receive from Empire Beauty School-Glen Burnie.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
Among first-time, full-time freshmen at Empire Beauty School-Glen Burnie, 88% of first-time, full-time freshmen received some form of financial aid some 63 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 83% | $5,629 |
| Institutional grants & scholarships | 11% | $150 |
| Federal Pell grants | 83% | $5,544 |
| State/local grants | 0% | — |
| Federal student loans | 75% | $7,597 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. Across the undergraduate body at Empire Beauty School-Glen Burnie, around 67% of undergraduate students received gift aid averaging $5,266 (across roughly 87 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 67% | $5,266 |
| Federal Pell grants | 67% | $5,203 |
| Federal student loans | 50% | $7,735 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $5,629.
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 | $16,898 |
| $30,001 – $75,000 | $16,620 |
| Over $75,000 | $21,889 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
After grants and scholarships come off the published price, what remains is the net price — the best estimate of true out-of-pocket cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $16,199 |
| Off-campus title-IV students | $17,129 |
To project your own net price, use Empire Beauty School-Glen Burnie’s online cost calculator: www.empire.edu/net-price-calculator.
A typical borrower at Empire Beauty School-Glen Burnie leaves with $8,028 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $8,028 |
| 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.
The median alone does not show how widely outcomes vary across the student body. The four reference points below map the debt distribution at Empire Beauty School-Glen Burnie.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,750 |
| 25th percentile | $4,750 |
| 75th percentile | $12,252 |
| 90th percentile (highest-debt students) | $13,700 |
Median debt varies by family income, by first-generation status, and by dependency status.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $7,955 |
| Middle income | $8,028 |
| High income | $8,025 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $8,028 |
| Continuing-generation students | $8,028 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $7,667 |
| Independent students | $9,500 |
The figure below distills the debt data into a single burden category for Empire Beauty School-Glen Burnie.
The Stafford loan program is the largest source of federal direct loans to undergraduates. These figures summarize annual Stafford program activity at Empire Beauty School-Glen Burnie:
| Metric | Value |
|---|---|
| Stafford loan recipients | 14568 |
| Total Stafford loan amount | $145,421,343 |
The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 4 |
| Total GI Bill amount | $48,504 |
| Average GI Bill amount per recipient | $12,126 |
References
More about our data sources and methodologies.