by our College Data Analytics TeamA large number of students will not be asked to pay the advertised price of a school. Instead, they will be provided a financial aid package that will include a combination of scholarships, grants, loans, and work-study. The total price of attendance at Empire Beauty School-Somersworth can feel overpowering, but remember that the majority of students receive some sort of financial assistance.
What financial aid options can Empire Beauty School-Somersworth offer you, and what will you qualify for? Keep reading for more information. Keep reading to find out how much school funding will be available to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. The figures below will help you estimate the aid you might receive from Empire Beauty School-Somersworth.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
For freshmen starting at Empire Beauty School-Somersworth, 92% of entering full-time freshmen got some type of financial assistance roughly 12 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 85% | $5,563 |
| Institutional grants & scholarships | 77% | $1,250 |
| Federal Pell grants | 54% | $6,957 |
| State/local grants | 0% | — |
| Federal student loans | 92% | $7,650 |
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 this school, approximately 46% of undergraduates were awarded an average grant or scholarship of $4,770 (among about 108 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 46% | $4,770 |
| Federal Pell grants | 29% | $5,823 |
| Federal student loans | 38% | $7,083 |
Title-IV recipients living on campus saw average grant aid of $7,618.
Since aid is largely need-based, the real cost of attendance falls steeply for lower-income families.
| Family Income | Average Net Price |
|---|---|
| $30,001 – $75,000 | $9,079 |
| Over $75,000 | $10,571 |
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 | $9,170 |
| Off-campus title-IV students | $10,198 |
For a customized cost estimate, visit Empire Beauty School-Somersworth’s net price calculator: empirebeautyschools.com/financial-aid/net-price-calculator.
A typical borrower at Empire Beauty School-Somersworth leaves with $6,333 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $6,333 |
| Median federal debt (graduates only) | $6,333 |
| Typical 10-year monthly payment (graduates) | $67.14/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
The median alone does not show how widely outcomes vary across the student body. These percentiles trace how cumulative federal debt is spread among borrowers at Empire Beauty School-Somersworth.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,750 |
| 25th percentile | $4,750 |
| 75th percentile | $10,800 |
| 90th percentile (highest-debt students) | $14,250 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $6,333 |
| Middle income | $6,333 |
| High income | $5,500 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $6,333 |
| Continuing-generation students | $5,500 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $6,333 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. Empire Beauty School-Somersworth.
The Stafford loan program is the largest source of federal direct loans to undergraduates. The totals below capture Stafford lending at Empire Beauty School-Somersworth:
| Metric | Value |
|---|---|
| Stafford loan recipients | 1830 |
| Total Stafford loan amount | $14,438,086 |
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 activity
| Metric | Value |
|---|---|
| GI Bill recipients | 3 |
| Total GI Bill amount | $30,348 |
| Average GI Bill amount per recipient | $10,116 |
References
More about our data sources and methodologies.