by our College Data Analytics TeamA large number of students will not be asked to pay 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 cost of going to Empire Beauty School-Shamokin Dam can seem tremendous, but do not forget that almost all students are given some form of financial help.
Just what financing solutions does Empire Beauty School-Shamokin Dam deliver, and just what are you going to be eligible for? Keep scrolling for answers. 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-Shamokin Dam.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
For incoming first-year students at Empire Beauty School-Shamokin Dam, 72% of new full-time first-years were awarded at least some aid approximately 33 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 59% | $4,775 |
| Institutional grants & scholarships | 22% | $410 |
| Federal Pell grants | 52% | $5,043 |
| State/local grants | 2% | $500 |
| Federal student loans | 59% | $7,646 |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. At Empire Beauty School-Shamokin Dam, around 55% of undergraduate students received gift aid averaging $5,233 (among about 61 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 55% | $5,233 |
| Federal Pell grants | 52% | $5,086 |
| Federal student loans | 51% | $7,689 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $4,159.
How much a family pays depends heavily on income, because most aid is awarded on the basis of financial need.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $16,620 |
| $30,001 – $75,000 | $18,351 |
| Over $75,000 | $21,423 |
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 | $17,847 |
| Off-campus title-IV students | $17,699 |
To get a personalized net price estimate, try Empire Beauty School-Shamokin Dam’s net price tool: www.empire.edu/net-price-calculator.
Graduating students at Empire Beauty School-Shamokin Dam carry a median federal student debt of $8,028 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $8,028 |
| Median federal debt (graduates only) | $13,000 |
| Typical 10-year monthly payment (graduates) | $137.82/mo |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
A single median figure conceals how much debt outcomes differ student to student. The figures below chart the debt distribution at Empire Beauty School-Shamokin Dam.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,750 |
| 25th percentile | $4,750 |
| 75th percentile | $12,252 |
| 90th percentile (highest-debt students) | $13,700 |
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 | $7,955 |
| Middle income | $8,028 |
| High income | $8,025 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $8,028 |
| Continuing-generation students | $8,028 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $7,667 |
| Independent students | $9,500 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. Empire Beauty School-Shamokin Dam.
Stafford loans make up the bulk of federal direct lending to undergraduates. Below is the annual Stafford program activity at Empire Beauty School-Shamokin Dam:
| Metric | Value |
|---|---|
| Stafford loan recipients | 14568 |
| Total Stafford loan amount | $145,421,343 |
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 0 |
| Total GI Bill amount | $0 |
References
More about our data sources and methodologies.