by our College Data Analytics TeamMost students are not billed 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 cost of going to Empire Beauty School-Peekskill can seem overwhelming, but bear in mind that many students are given some form of financial aid.
What financial aid options can Empire Beauty School-Peekskill offer, and what will you qualify for? Keep reading for more information. Scroll down to find out how much school funding will be available to you.
How much aid you qualify for depends largely on your family’s financial circumstances. The information provided on this page can help you determine how much aid you may receive from Empire Beauty School-Peekskill.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
For incoming first-year students at Empire Beauty School-Peekskill, 68% of entering full-time freshmen got some type of financial assistance some 23 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 50% | $5,118 |
| Institutional grants & scholarships | 21% | $143 |
| Federal Pell grants | 50% | $4,882 |
| State/local grants | 0% | — |
| Federal student loans | 62% | $8,167 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. Here, roughly 46% of undergraduate students received gift aid averaging $4,843 (covering around 39 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 46% | $4,843 |
| Federal Pell grants | 46% | $4,658 |
| Federal student loans | 54% | $7,508 |
For on-campus title-IV students, average grant aid came to $3,783.
The figures below show the average net price — cost after all grant and scholarship aid — broken out by family income.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $16,710 |
| $30,001 – $75,000 | $17,531 |
| Over $75,000 | $21,403 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
Net price is the average annual cost after grants and scholarships are subtracted from the published cost of attendance — the figure closest to what a typical aid-receiving student actually pays.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $19,310 |
| Off-campus title-IV students | $18,627 |
For a personalized estimate based on your family’s financial situation, use Empire Beauty School-Peekskill’s net price tool: www.empire.edu/net-price-calculator.
The median student at Empire Beauty School-Peekskill graduates with $6,222 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $6,222 |
| Median federal debt (graduates only) | $6,554 |
| Typical 10-year monthly payment (graduates) | $69.48/mo |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.
Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. The figures below chart the debt distribution at Empire Beauty School-Peekskill.
| Percentile | Cumulative Federal Debt |
|---|---|
| 25th percentile | $5,500 |
| 75th percentile | $9,529 |
Median debt varies by family income, by first-generation status, and by dependency status.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $6,222 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $6,222 |
| Independent students | $8,338 |
The figure below distills the debt data into a single burden category for Empire Beauty School-Peekskill.
The Stafford program is the federal direct-loan vehicle most undergraduates use. The totals below capture Stafford lending at Empire Beauty School-Peekskill:
| Metric | Value |
|---|---|
| Stafford loan recipients | 486 |
| Total Stafford loan amount | $3,286,496 |
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 | 0 |
| Total GI Bill amount | $0 |
References
More about our data sources and methodologies.