A lot of students are not billed the advertised price of a school. Instead, they will be provided a financial aid package that will include a combination of scholarships, grants, loans, and work-study. The price tag of going to Empire Beauty School-Lebanon can appear tremendous, but do not forget that almost all students obtain some kind of financial help.
What financial aid options can Empire Beauty School-Lebanon offer you, and what will you qualify for? Keep reading for more information. Keep reading to find out how much school funding will be available to you.
The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. Use the information below to understand how much financial assistance you may get from Empire Beauty School-Lebanon.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
At Empire Beauty School-Lebanon, 59% of the incoming full-time class was awarded financial aid approximately 19 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 44% | $5,301 |
| Institutional grants & scholarships | 13% | $1,716 |
| Federal Pell grants | 41% | $5,111 |
| State/local grants | 0% | — |
| Federal student loans | 50% | $6,651 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. At Empire Beauty School-Lebanon, about 51% of undergraduates were awarded grant or scholarship aid averaging $5,412 (across roughly 28 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 51% | $5,412 |
| Federal Pell grants | 47% | $5,414 |
| Federal student loans | 51% | $7,729 |
For on-campus title-IV students, average grant aid came to $3,814.
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 | $17,505 |
| $30,001 – $75,000 | $18,187 |
| Over $75,000 | $22,966 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
The net price represents the average annual cost a title-IV-receiving student pays after grant aid is subtracted from the full cost of attendance.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $19,710 |
| Off-campus title-IV students | $18,220 |
For a customized cost estimate, visit Empire Beauty School-Lebanon’s NPC: www.empire.edu/net-price-calculator.
Graduating students at Empire Beauty School-Lebanon carry a median federal student debt of $6,633 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $6,633 |
| 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.
The median alone does not show how widely outcomes vary across the student body. The percentiles below describe the cumulative federal debt distribution for borrowers at Empire Beauty School-Lebanon.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,750 |
| 25th percentile | $4,750 |
| 75th percentile | $11,094 |
| 90th percentile (highest-debt students) | $13,583 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $6,222 |
| Middle income | $7,667 |
| High income | $8,028 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $6,478 |
| Continuing-generation students | $8,028 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $6,222 |
| Independent students | $7,238 |
These indicators are derived from the underlying debt data and summarize the overall picture at Empire Beauty School-Lebanon.
The Stafford program is the federal direct-loan vehicle most undergraduates use. Below is the annual Stafford program activity at Empire Beauty School-Lebanon:
| Metric | Value |
|---|---|
| Stafford loan recipients | 19906 |
| Total Stafford loan amount | $189,712,813 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 1 |
| Total GI Bill amount | $208 |
| Average GI Bill amount per recipient | $208 |
References
More about our data sources and methodologies.