by our College Data Analytics TeamA lot 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 cost of going to Empire Beauty School-Springfield 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-Springfield provide, and just what are you going to be eligible for? Keep scrolling for answers. Read on to discover just how much financial aid could be open to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. Read on to get a sense of the financial assistance available at Empire Beauty School-Springfield.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
Among first-time, full-time freshmen at Empire Beauty School-Springfield, 83% of new full-time first-years were awarded at least some aid approximately 117 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 79% | $5,994 |
| Institutional grants & scholarships | 19% | $534 |
| Federal Pell grants | 79% | $5,688 |
| State/local grants | 1% | $7,272 |
| Federal student loans | 65% | $7,660 |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. Here, around 71% of undergraduate students received gift aid averaging $5,376 (for some 207 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 71% | $5,376 |
| Federal Pell grants | 71% | $5,178 |
| Federal student loans | 57% | $7,703 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $6,022.
Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $16,973 |
| $30,001 – $75,000 | $16,787 |
| Over $75,000 | $21,794 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
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 | $17,290 |
| Off-campus title-IV students | $17,417 |
For a customized cost estimate, visit Empire Beauty School-Springfield’s net price calculator: www.empire.edu/net-price-calculator.
The median student at Empire Beauty School-Springfield graduates with $8,028 of cumulative federal debt.
| 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 |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
Looking only at the median can be misleading because it hides the spread. The four reference points below map the debt distribution at Empire Beauty School-Springfield.
| 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 |
Debt outcomes are not uniform — they shift with income, first-generation 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-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $8,028 |
| Continuing-generation students | $8,028 |
Dependency-Status Comparison
| 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-Springfield.
Stafford loans are the federal government’s primary direct undergraduate lending program. Below is the annual Stafford program activity at Empire Beauty School-Springfield:
| Metric | Value |
|---|---|
| Stafford loan recipients | 14568 |
| Total Stafford loan amount | $145,421,343 |
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.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 1 |
| Total GI Bill amount | $10,260 |
| Average GI Bill amount per recipient | $10,260 |
References
More about our data sources and methodologies.