by our College Data Analytics TeamMany students are not billed 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 sum total of attendance at Empire Beauty School-Speedway can sound overpowering, but remember that the majority of students get some type of financial assistance.
Just what financing solutions does Empire Beauty School-Speedway deliver, and just what are you going to be eligible for? Keep scrolling for answers. Keep reading 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. Use the information below to understand how much financial assistance you may get from Empire Beauty School-Speedway.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
For incoming first-year students at Empire Beauty School-Speedway, 90% of first-year full-time students received aid of some kind around 89 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 79% | $5,063 |
| Institutional grants & scholarships | 23% | $446 |
| Federal Pell grants | 79% | $4,801 |
| State/local grants | 0% | — |
| Federal student loans | 68% | $8,100 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. Across the undergraduate body at Empire Beauty School-Speedway, about 65% of the undergraduate population received grant aid that averaged $4,565 (covering around 197 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 65% | $4,565 |
| Federal Pell grants | 65% | $4,414 |
| Federal student loans | 54% | $7,658 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $5,457.
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 | $17,108 |
| $30,001 – $75,000 | $17,120 |
| Over $75,000 | $22,224 |
Each figure is the net price after grants and scholarships, not the published sticker price.
Net price is the cost remaining after grant and scholarship aid is subtracted from the sticker price, and it is the most useful single number for estimating real cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $18,127 |
| Off-campus title-IV students | $17,267 |
For an estimate tailored to your family circumstances, see Empire Beauty School-Speedway’s official net price calculator: www.empire.edu/net-price-calculator.
The median student at Empire Beauty School-Speedway graduates with $7,050 of federal student loans.
| Metric | Amount |
|---|---|
| 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 |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
The numbers below show the full range, not just the middle of the distribution. The percentiles below describe the cumulative federal debt distribution for borrowers at Empire Beauty School-Speedway.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,750 |
| 25th percentile | $4,750 |
| 75th percentile | $12,803 |
| 90th percentile (highest-debt students) | $15,322 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $6,333 |
| Middle income | $8,028 |
| High income | $8,028 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $7,010 |
| Continuing-generation students | $7,740 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $8,023 |
| Independent students | $6,393 |
These indicators are derived from the underlying debt data and summarize the overall picture at Empire Beauty School-Speedway.
Stafford loans are the federal government’s primary direct undergraduate lending program. The annual Stafford volume below reflects program activity at Empire Beauty School-Speedway:
| Metric | Value |
|---|---|
| Stafford loan recipients | 15355 |
| Total Stafford loan amount | $148,121,422 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 1 |
| Total GI Bill amount | $7,597 |
| Average GI Bill amount per recipient | $7,597 |
References
More about our data sources and methodologies.