by our College Data Analytics TeamThe majority 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 sum total of attendance at Empire Beauty School-Charlotte can sound overpowering, but remember that the majority of students get some type of financial assistance.
Just what financial assistance solutions will Empire Beauty School-Charlotte provide, and just what are you going to be eligible for? Read on for answers. Keep going to discover what amount of financial assistance could be accessible 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-Charlotte.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
For freshmen starting at Empire Beauty School-Charlotte, 91% of first-year full-time students received aid of some kind approximately 48 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 77% | $5,963 |
| Institutional grants & scholarships | 17% | $456 |
| Federal Pell grants | 77% | $5,783 |
| State/local grants | 0% | — |
| Federal student loans | 68% | $8,523 |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. Across the undergraduate body at Empire Beauty School-Charlotte, about 77% of undergraduate students received gift aid averaging $5,303 (across roughly 111 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 77% | $5,303 |
| Federal Pell grants | 77% | $5,172 |
| Federal student loans | 66% | $8,491 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $5,686.
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 | $15,811 |
| $30,001 – $75,000 | $16,847 |
| Over $75,000 | $17,168 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
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 | $16,089 |
| Off-campus title-IV students | $16,126 |
For an estimate tailored to your family circumstances, see Empire Beauty School-Charlotte’s net price tool: www.empire.edu/net-price-calculator.
The median student at Empire Beauty School-Charlotte graduates with $6,222 of federal borrowing.
| Metric | Amount |
|---|---|
| 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 |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. The four reference points below map the debt distribution at Empire Beauty School-Charlotte.
| Percentile | Cumulative 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 outcomes are not uniform — they shift with income, first-generation status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $6,222 |
| Middle income | $6,222 |
| High income | $6,152 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $6,222 |
| Continuing-generation students | $6,222 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $6,222 |
| Independent students | $7,925 |
A handful of calculated indicators summarize the debt outlook at Empire Beauty School-Charlotte.
Most undergraduate borrowing runs through the federal Stafford loan program. These figures summarize annual Stafford program activity at Empire Beauty School-Charlotte:
| Metric | Value |
|---|---|
| Stafford loan recipients | 16533 |
| Total Stafford loan amount | $148,604,775 |
The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 0 |
| Total GI Bill amount | $0 |
References
More about our data sources and methodologies.