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Empire Beauty School-Northlake Financial Aid & Debt Outcomes

95% Freshmen Get Financial Aid
$5,293 Average Grant & Scholarship
70% Undergrads Get Grant Aid

Many 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 total price of attendance at Empire Beauty School-Northlake can feel overwhelming, but bear in mind that many students receive some sort of financial aid.

What financial assistance options will Empire Beauty School-Northlake offer you, and what will you qualify for? Read on for more information. Keep scrolling to find out what amount of financial assistance will be accessible to you.

Understanding Empire Beauty School-Northlake Aid Information

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-Northlake.

Typical First Year Financial Aid at Empire Beauty School-Northlake

Financial aid, in the form of loans, grants, work-study, and scholarships, is one way colleges reduce the cost of attendance so most students can actually afford to attend. Some kinds of aid are clearly preferable to others, and outcomes differ across students.

Among first-time, full-time freshmen at Empire Beauty School-Northlake, 95% of the incoming full-time class was awarded financial aid around 62 freshmen).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)85%$5,993
Institutional grants & scholarships20%$415
Federal Pell grants82%$6,033
State/local grants0%
Federal student loans68%$8,557

Grant Aid for Undergraduates at Empire Beauty School-Northlake

Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At this school, approximately 70% of undergrads got grants or scholarships worth on average $5,293 (for some 136 undergraduates).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)70%$5,293
Federal Pell grants69%$5,260
Federal student loans61%$8,451

On-campus students receiving title-IV aid were awarded grants averaging $5,993.

How Cost Varies by Income at Empire Beauty School-Northlake

Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.

Family IncomeAverage Net Price
$0 – $48,000$15,281
$30,001 – $75,000$15,612
Over $75,000$20,839

The numbers above are post-aid net prices, so they already account for grants and scholarships.

Net Price at Empire Beauty School-Northlake

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.

CohortAverage Net Price
On-campus title-IV students$16,685
Off-campus title-IV students$15,771

For an estimate tailored to your family circumstances, see Empire Beauty School-Northlake’s net price calculator: www.empire.edu/net-price-calculator.

How Much Students Borrow at Empire Beauty School-Northlake

The middle student in the debt distribution at Empire Beauty School-Northlake owes $7,050 in federal student debt.

MetricAmount
Median federal debt (all student-aid borrowers)$7,050
Median federal debt (graduates only)$13,583
Typical 10-year monthly payment (graduates)$144.0/mo

That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.

The Range of Student Debt at this School

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-Northlake.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$2,750
25th percentile$4,750
75th percentile$12,803
90th percentile (highest-debt students)$15,322

Debt by Student Cohort at Empire Beauty School-Northlake

The figures below break down median federal debt by income tier, first-generation status, and dependency.

Debt by Income Tier

Income tierMedian federal debt
Low income$6,333
Middle income$8,028
High income$8,028

First-Generation Comparison

CohortMedian federal debt
First-generation students$7,010
Continuing-generation students$7,740

By Dependency Status

CohortMedian federal debt
Dependent students$8,023
Independent students$6,393

Is the Debt Manageable?

The Department of Education computes summary indicators that describe debt outcomes at a glance. Empire Beauty School-Northlake.

Federal Stafford Lending at Empire Beauty School-Northlake

Most undergraduate borrowing runs through the federal Stafford loan program. These figures summarize annual Stafford program activity at Empire Beauty School-Northlake:

MetricValue
Stafford loan recipients15355
Total Stafford loan amount$148,121,422

Military and Veterans Aid at Empire Beauty School-Northlake

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

MetricValue
GI Bill recipients6
Total GI Bill amount$75,740
Average GI Bill amount per recipient$12,623

References

More about our data sources and methodologies.

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