by our College Data Analytics TeamMany students will not be asked to pay the full, advertised sticker price of a school. Instead, they will be given a financial aid offer that will include a combination of scholarships, grants, loans, and work-study. The sum total of attendance at Empire Beauty School-Winston-Salem can sound tremendous, but do not forget that almost all students get some type of financial help.
Just what financial aid solutions can Empire Beauty School-Winston-Salem deliver, and just what are you going to be eligible for? Keep reading for answers. Keep scrolling to learn just how much financial aid will be open to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. Continue reading to find information to help you understand just how much assistance you can expect to receive from Empire Beauty School-Winston-Salem.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. However, some types of aid are more desirable than others, and some students will receive more than others.
At Empire Beauty School-Winston-Salem, 95% of new full-time first-years were awarded at least some aid roughly 41 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 72% | $5,700 |
| Institutional grants & scholarships | 14% | $183 |
| Federal Pell grants | 72% | $5,558 |
| State/local grants | 0% | — |
| Federal student loans | 63% | $7,519 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At this school, approximately 70% of undergraduate students received gift aid averaging $5,321 (for some 93 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 70% | $5,321 |
| Federal Pell grants | 70% | $5,222 |
| Federal student loans | 61% | $8,297 |
For students living on campus and receiving title-IV aid, grants averaged $5,354.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $15,478 |
| $30,001 – $75,000 | $15,641 |
Remember these are net prices — what families pay after gift aid, not before.
After grants and scholarships come off the published price, what remains is the net price — the best estimate of true out-of-pocket cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $16,503 |
| Off-campus title-IV students | $15,478 |
For a customized cost estimate, visit Empire Beauty School-Winston-Salem’s NPC: www.empire.edu/net-price-calculator.
The median federal debt load at Empire Beauty School-Winston-Salem comes to $6,756 in federal student debt.
| 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 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-Winston-Salem.
| 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 |
Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $6,638 |
| Middle income | $7,334 |
| High income | $7,389 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $6,646 |
| Continuing-generation students | $7,389 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $6,222 |
| Independent students | $7,389 |
These indicators are derived from the underlying debt data and summarize the overall picture at Empire Beauty School-Winston-Salem.
The Stafford program is the federal direct-loan vehicle most undergraduates use. The totals below capture Stafford lending at Empire Beauty School-Winston-Salem:
| Metric | Value |
|---|---|
| Stafford loan recipients | 17865 |
| Total Stafford loan amount | $179,553,763 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
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.