by our College Data Analytics TeamA lot of students will never be charged 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 total price of attendance at Empire Beauty School-Malden can feel tremendous, but do not forget that almost all students receive some sort of financial help.
Just what financial assistance solutions will Empire Beauty School-Malden provide, and just what are you going to be eligible for? Read on for answers. Read on to see just how much financial aid could be open to you.
How much aid you qualify for depends largely on your family’s financial circumstances. Continue reading to find information to help you understand just how much assistance you can expect to receive from Empire Beauty School-Malden.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
Among first-time, full-time freshmen at Empire Beauty School-Malden, 69% of entering full-time freshmen got some type of financial assistance (about 63 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 62% | $5,789 |
| Institutional grants & scholarships | 12% | $182 |
| Federal Pell grants | 62% | $5,600 |
| State/local grants | 1% | $2,625 |
| Federal student loans | 53% | $7,261 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. At Empire Beauty School-Malden, roughly 58% of the undergraduate population received grant aid that averaged $5,663 (across approximately 99 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 58% | $5,663 |
| Federal Pell grants | 57% | $5,516 |
| Federal student loans | 50% | $7,618 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $5,229.
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 | $18,009 |
| $30,001 – $75,000 | $18,223 |
| Over $75,000 | $22,755 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
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 | $18,534 |
| Off-campus title-IV students | $18,689 |
For an estimate tailored to your family circumstances, see Empire Beauty School-Malden’s net price tool: www.empire.edu/net-price-calculator.
The middle student in the debt distribution at Empire Beauty School-Malden owes $7,851 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $7,851 |
| 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.
The numbers below show the full range, not just the middle of the distribution. The four reference points below map the debt distribution at Empire Beauty School-Malden.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,750 |
| 25th percentile | $4,750 |
| 75th percentile | $12,322 |
| 90th percentile (highest-debt students) | $14,604 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $7,667 |
| Middle income | $7,972 |
| High income | $7,917 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $7,667 |
| Continuing-generation students | $7,917 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $7,667 |
| Independent students | $7,917 |
Federal data publishes pre-calculated indicators that summarize debt outcomes. Empire Beauty School-Malden.
Stafford loans are the federal government’s primary direct undergraduate lending program. The annual Stafford volume below reflects program activity at Empire Beauty School-Malden:
| Metric | Value |
|---|---|
| Stafford loan recipients | 17851 |
| Total Stafford loan amount | $183,144,138 |
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or 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.