The majority 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-Gwinnett can seem overpowering, but remember that the majority of students are given some form of financial assistance.
Just what financial assistance solutions will Empire Beauty School-Gwinnett provide, and just what are you going to be eligible for? Read on for answers. Read on to learn just how much financial aid will be open to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. Read on to get a sense of the financial assistance available at Empire Beauty School-Gwinnett.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. 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-Gwinnett, 88% of first-year full-time students received aid of some kind roughly 50 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 68% | $6,030 |
| Institutional grants & scholarships | 19% | $1,272 |
| Federal Pell grants | 67% | $5,710 |
| State/local grants | 0% | — |
| Federal student loans | 60% | $7,446 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. At Empire Beauty School-Gwinnett, roughly 65% of undergraduate students received gift aid averaging $5,504 (across approximately 108 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 65% | $5,504 |
| Federal Pell grants | 63% | $5,140 |
| Federal student loans | 60% | $7,985 |
For students living on campus and receiving title-IV aid, grants averaged $5,777.
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 | $14,911 |
| $30,001 – $75,000 | $16,142 |
| Over $75,000 | $19,935 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
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 | $16,203 |
| Off-campus title-IV students | $15,507 |
For an estimate tailored to your family circumstances, see Empire Beauty School-Gwinnett’s net price calculator: www.empire.edu/net-price-calculator.
The median student at Empire Beauty School-Gwinnett graduates with $6,333 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $6,333 |
| Median federal debt (graduates only) | $10,231 |
| Typical 10-year monthly payment (graduates) | $108.47/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
The median alone does not show how widely outcomes vary across the student body. These percentiles trace how cumulative federal debt is spread among borrowers at Empire Beauty School-Gwinnett.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,750 |
| 25th percentile | $4,750 |
| 75th percentile | $12,347 |
| 90th percentile (highest-debt students) | $16,000 |
Median debt varies by family income, by first-generation status, and by dependency status.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $6,333 |
| Middle income | $7,418 |
| High income | $6,333 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $6,333 |
| Continuing-generation students | $6,018 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $6,723 |
| Independent students | $6,333 |
The figure below distills the debt data into a single burden category for Empire Beauty School-Gwinnett.
Stafford loans make up the bulk of federal direct lending to undergraduates. Below is the annual Stafford program activity at Empire Beauty School-Gwinnett:
| Metric | Value |
|---|---|
| Stafford loan recipients | 14230 |
| Total Stafford loan amount | $149,159,452 |
If you are a veteran or active-duty service member, the GI Bill and DoD Tuition Assistance are the primary federal programs you can use at this school.
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.