by our College Data Analytics TeamThe majority of students will never be charged the full, advertised sticker price of a school. Instead, they will be given a financial aid offer that will include a combination of scholarships, grants, loans, and work-study. The price tag of going to Empire Beauty School-Morrow can appear tremendous, but do not forget that almost all students obtain some kind of financial help.
What financial assistance options will Empire Beauty School-Morrow offer you, and what will you qualify for? Read on for more information. Keep scrolling to find out just how much financial aid will be open to you.
How much aid you qualify for depends largely on your family’s financial circumstances. Use the information below to understand how much financial assistance you may get from Empire Beauty School-Morrow.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
At Empire Beauty School-Morrow, 89% of the incoming full-time class was awarded financial aid around 126 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 75% | $5,034 |
| Institutional grants & scholarships | 11% | $368 |
| Federal Pell grants | 75% | $4,920 |
| State/local grants | 0% | — |
| Federal student loans | 60% | $8,254 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. Across the undergraduate body at Empire Beauty School-Morrow, about 70% of undergraduates were awarded an average grant or scholarship of $5,132 (across roughly 278 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 70% | $5,132 |
| Federal Pell grants | 69% | $5,025 |
| Federal student loans | 54% | $8,374 |
On-campus students receiving title-IV aid were awarded grants averaging $4,945.
Since aid is largely need-based, the real cost of attendance falls steeply for lower-income families.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $15,810 |
| $30,001 – $75,000 | $16,804 |
| Over $75,000 | $21,268 |
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 | $16,962 |
| Off-campus title-IV students | $16,313 |
For a personalized estimate based on your family’s financial situation, use Empire Beauty School-Morrow’s online cost calculator: www.empire.edu/net-price-calculator.
The middle student in the debt distribution at Empire Beauty School-Morrow owes $6,756 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $6,756 |
| Median federal debt (graduates only) | $10,667 |
| Typical 10-year monthly payment (graduates) | $113.09/mo |
The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.
Looking only at the median can be misleading because it hides the spread. These percentiles trace how cumulative federal debt is spread among borrowers at Empire Beauty School-Morrow.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,750 |
| 25th percentile | $4,750 |
| 75th percentile | $11,771 |
| 90th percentile (highest-debt students) | $15,051 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $6,638 |
| Middle income | $7,334 |
| High income | $7,389 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $6,646 |
| Continuing-generation students | $7,389 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $6,222 |
| Independent students | $7,389 |
A handful of calculated indicators summarize the debt outlook at Empire Beauty School-Morrow.
Stafford loans make up the bulk of federal direct lending to undergraduates. These figures summarize annual Stafford program activity at Empire Beauty School-Morrow:
| Metric | Value |
|---|---|
| Stafford loan recipients | 17865 |
| Total Stafford loan amount | $179,553,763 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 6 |
| Total GI Bill amount | $84,503 |
| Average GI Bill amount per recipient | $14,084 |
References
More about our data sources and methodologies.