by our College Data Analytics TeamA lot of students will never be charged 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 price of attendance at Empire Beauty School-Michigan can feel overpowering, but remember that the majority of students receive some sort of financial assistance.
What financial assistance options will Empire Beauty School-Michigan offer you, and what will you qualify for? Read on for more information. Keep reading to see 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 figures below will help you estimate the aid you might receive from Empire Beauty School-Michigan.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. However, some types of aid are more desirable than others, and some students will receive more than others.
Among first-time, full-time freshmen at Empire Beauty School-Michigan, 80% of first-year full-time students received aid of some kind approximately 144 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 56% | $5,318 |
| Institutional grants & scholarships | 12% | $643 |
| Federal Pell grants | 54% | $5,253 |
| State/local grants | 0% | — |
| Federal student loans | 48% | $7,081 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. At Empire Beauty School-Michigan, some 55% of undergraduate students received gift aid averaging $5,078 (covering around 230 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 55% | $5,078 |
| Federal Pell grants | 53% | $4,991 |
| Federal student loans | 49% | $7,340 |
For on-campus title-IV students, average grant aid came to $4,726.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $15,879 |
| $30,001 – $75,000 | $15,641 |
| Over $75,000 | $19,782 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
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 | $17,021 |
| Off-campus title-IV students | $16,486 |
To get a personalized net price estimate, try Empire Beauty School-Michigan’s official net price calculator: www.empire.edu/net-price-calculator.
The median federal debt load at Empire Beauty School-Michigan comes to $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 |
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. The figures below chart the debt distribution at Empire Beauty School-Michigan.
| 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 |
Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.
By Family Income
| 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 |
A handful of calculated indicators summarize the debt outlook at Empire Beauty School-Michigan.
Stafford loans make up the bulk of federal direct lending to undergraduates. The annual Stafford volume below reflects program activity at Empire Beauty School-Michigan:
| Metric | Value |
|---|---|
| Stafford loan recipients | 19906 |
| Total Stafford loan amount | $189,712,813 |
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 | 2 |
| Total GI Bill amount | $35,662 |
| Average GI Bill amount per recipient | $17,831 |
References
More about our data sources and methodologies.