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Empire Beauty School-Brooklyn Financial Aid Details

83% Freshmen Get Financial Aid
$5,881 Average Grant & Scholarship
68% Undergrads Get Grant Aid

A lot of students will not be asked to pay the full sticker price of a school. Rather, they are offered a financial aid plan that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The price tag of going to Empire Beauty School-Brooklyn can appear overwhelming, but bear in mind that many students obtain some kind of financial aid.

What financing options does Empire Beauty School-Brooklyn offer, and what will you qualify for? Keep scrolling for more information. Read on to see how much school funding could be available to you.

Why You Should Understand Empire Beauty School-Brooklyn Financial Aid Info

Eligibility for aid and scholarships is driven mostly by your household’s income and need. Continue reading to find information to help you understand just how much assistance you can expect to receive from Empire Beauty School-Brooklyn.

What First Years Receive at Empire Beauty School-Brooklyn

Financial aid, in the form of loans, grants, work-study, and scholarships, is one way colleges reduce the cost of attendance so most students can actually afford to attend. Some kinds of aid are clearly preferable to others, and outcomes differ across students.

For freshmen starting at Empire Beauty School-Brooklyn, 83% of the incoming full-time class was awarded financial aid (about 101 incoming students).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)75%$6,189
Institutional grants & scholarships19%$157
Federal Pell grants75%$6,031
State/local grants0%
Federal student loans60%$7,967

Undergraduate Grant Aid at Empire Beauty School-Brooklyn

Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. Across the undergraduate body at Empire Beauty School-Brooklyn, around 68% of undergraduates were awarded an average grant or scholarship of $5,881 (for some 175 awardees).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)68%$5,881
Federal Pell grants68%$5,732
Federal student loans56%$8,057

On-campus students receiving title-IV aid were awarded grants averaging $5,867.

Income-Adjusted Net Price at Empire Beauty School-Brooklyn

Need-based aid means lower-income families typically pay far less than the sticker price suggests.

Family IncomeAverage Net Price
$0 – $48,000$18,211
$30,001 – $75,000$19,098

These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.

Net Price at Empire Beauty School-Brooklyn

After grants and scholarships come off the published price, what remains is the net price — the best estimate of true out-of-pocket cost.

CohortAverage Net Price
On-campus title-IV students$18,217
Off-campus title-IV students$18,430

For a personalized estimate based on your family’s financial situation, use Empire Beauty School-Brooklyn’s net price tool: www.empire.edu/net-price-calculator.

Typical Student Debt at Empire Beauty School-Brooklyn

The median student at Empire Beauty School-Brooklyn graduates with $6,222 in federal student debt.

MetricAmount
Median federal debt (all student-aid borrowers)$6,222
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 Full Range of Student Debt

Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. The percentiles below describe the cumulative federal debt distribution for borrowers at Empire Beauty School-Brooklyn.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$2,750
25th percentile$4,750
75th percentile$10,274
90th percentile (highest-debt students)$12,953

Debt by Student Cohort at Empire Beauty School-Brooklyn

How much a student borrows depends heavily on family income, first-gen status, and dependency.

By Family Income

Income tierMedian federal debt
Low income$6,222
Middle income$6,222
High income$6,152

First-Gen vs Continuing-Gen Median Debt

CohortMedian federal debt
First-generation students$6,222
Continuing-generation students$6,222

Dependency-Status Comparison

CohortMedian federal debt
Dependent students$6,222
Independent students$7,925

Is the Debt Manageable?

Federal data publishes pre-calculated indicators that summarize debt outcomes. Empire Beauty School-Brooklyn.

Student Loans at Empire Beauty School-Brooklyn

Stafford loans make up the bulk of federal direct lending to undergraduates. The totals below capture Stafford lending at Empire Beauty School-Brooklyn:

MetricValue
Stafford loan recipients16533
Total Stafford loan amount$148,604,775

Veterans Benefits at Empire Beauty School-Brooklyn

The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.

Post-9/11 GI Bill recipients

MetricValue
GI Bill recipients0
Total GI Bill amount$0

References

More about our data sources and methodologies.

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