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 sum total of attendance at Empire Beauty School-Thornton can sound overwhelming, but bear in mind that many students get some type of financial aid.
What financial aid options can Empire Beauty School-Thornton offer you, and what will you qualify for? Keep reading for more information. Keep reading to find out what amount of financial assistance will be accessible to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. The figures below will help you estimate the aid you might receive from Empire Beauty School-Thornton.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. 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-Thornton, 89% of the incoming full-time class was awarded financial aid roughly 72 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 73% | $5,624 |
| Institutional grants & scholarships | 22% | $1,540 |
| Federal Pell grants | 64% | $5,756 |
| State/local grants | 0% | — |
| Federal student loans | 67% | $7,463 |
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-Thornton, approximately 65% of undergrads got grants or scholarships worth on average $5,063 (across roughly 113 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 65% | $5,063 |
| Federal Pell grants | 59% | $5,090 |
| Federal student loans | 55% | $7,451 |
Title-IV recipients living on campus saw average grant aid of $5,105.
Since aid is largely need-based, the real cost of attendance falls steeply for lower-income families.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $14,411 |
| $30,001 – $75,000 | $14,909 |
| Over $75,000 | $19,594 |
Each figure is the net price after grants and scholarships, not the published sticker price.
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 | $16,752 |
| Off-campus title-IV students | $15,322 |
To get a personalized net price estimate, try Empire Beauty School-Thornton’s net price tool: www.empire.edu/net-price-calculator.
A typical borrower at Empire Beauty School-Thornton leaves with $6,756 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $6,756 |
| Median federal debt (graduates only) | $10,667 |
| Typical 10-year monthly payment (graduates) | $113.09/mo |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.
The median alone does not show how widely outcomes vary across the student body. The figures below chart the debt distribution at Empire Beauty School-Thornton.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,750 |
| 25th percentile | $4,750 |
| 75th percentile | $11,771 |
| 90th percentile (highest-debt students) | $15,051 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $6,638 |
| Middle income | $7,334 |
| High income | $7,389 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $6,646 |
| Continuing-generation students | $7,389 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $6,222 |
| Independent students | $7,389 |
The figure below distills the debt data into a single burden category for Empire Beauty School-Thornton.
Most undergraduate borrowing runs through the federal Stafford loan program. The annual Stafford volume below reflects program activity at Empire Beauty School-Thornton:
| Metric | Value |
|---|---|
| Stafford loan recipients | 17865 |
| Total Stafford loan amount | $179,553,763 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 1 |
| Total GI Bill amount | $19,450 |
| Average GI Bill amount per recipient | $19,450 |
References
More about our data sources and methodologies.