by our College Data Analytics TeamMost 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-Jackson can sound overpowering, but remember that the majority of students get some type of financial assistance.
What financial assistance options will Empire Beauty School-Jackson offer you, and what will you qualify for? Read on for more information. Scroll down to see how much school funding could be available to you.
How much aid you qualify for depends largely on your family’s financial circumstances. The figures below will help you estimate the aid you might receive from Empire Beauty School-Jackson.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. However, some types of aid are more desirable than others, and some students will receive more than others.
For freshmen starting at Empire Beauty School-Jackson, 87% of first-time, full-time freshmen received some form of financial aid some 62 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 66% | $5,804 |
| Institutional grants & scholarships | 14% | $340 |
| Federal Pell grants | 66% | $5,643 |
| State/local grants | 0% | — |
| Federal student loans | 58% | $8,134 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. At Empire Beauty School-Jackson, roughly 65% of undergraduates were awarded an average grant or scholarship of $5,634 (covering around 62 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 65% | $5,634 |
| Federal Pell grants | 65% | $5,486 |
| Federal student loans | 56% | $8,368 |
For students living on campus and receiving title-IV aid, grants averaged $5,456.
How much a family pays depends heavily on income, because most aid is awarded on the basis of financial need.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $13,512 |
| $30,001 – $75,000 | $14,715 |
| Over $75,000 | $17,269 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
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 | $15,253 |
| Off-campus title-IV students | $13,699 |
To project your own net price, use Empire Beauty School-Jackson’s official net price calculator: www.empire.edu/net-price-calculator.
The middle student in the debt distribution at Empire Beauty School-Jackson owes $6,756 in federal loans.
| 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 |
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-Jackson.
| 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 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $6,638 |
| Middle income | $7,334 |
| High income | $7,389 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $6,646 |
| Continuing-generation students | $7,389 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $6,222 |
| Independent students | $7,389 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. Empire Beauty School-Jackson.
Most undergraduate borrowing runs through the federal Stafford loan program. These figures summarize annual Stafford program activity at Empire Beauty School-Jackson:
| 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 | 0 |
| Total GI Bill amount | $0 |
References
More about our data sources and methodologies.