by our College Data Analytics TeamThe majority of students will not be asked to pay the complete price tag of a school. Rather, they are presented a financial aid deal that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The price tag of going to Empire Beauty School-Monroeville can appear overpowering, but remember that the majority of students obtain some kind of financial assistance.
Just what financial aid solutions can Empire Beauty School-Monroeville provide, and just what are you going to be eligible for? Keep reading for answers. Keep scrolling to learn how much school funding will be available to you.
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-Monroeville.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
At Empire Beauty School-Monroeville, 85% of the incoming full-time class was awarded financial aid roughly 34 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 73% | $6,446 |
| Institutional grants & scholarships | 18% | $271 |
| Federal Pell grants | 73% | $6,058 |
| State/local grants | 3% | $6,668 |
| Federal student loans | 73% | $7,597 |
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-Monroeville, some 71% of undergraduates were awarded grant or scholarship aid averaging $5,397 (for some 90 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 71% | $5,397 |
| Federal Pell grants | 71% | $5,192 |
| Federal student loans | 64% | $8,302 |
For students living on campus and receiving title-IV aid, grants averaged $6,446.
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 | $16,609 |
| $30,001 – $75,000 | $17,197 |
| Over $75,000 | $21,133 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
The net price represents the average annual cost a title-IV-receiving student pays after grant aid is subtracted from the full cost of attendance.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $16,162 |
| Off-campus title-IV students | $17,004 |
For a personalized estimate based on your family’s financial situation, use Empire Beauty School-Monroeville’s net price calculator: www.empire.edu/net-price-calculator.
A typical borrower at Empire Beauty School-Monroeville leaves with $8,028 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $8,028 |
| Median federal debt (graduates only) | $13,000 |
| Typical 10-year monthly payment (graduates) | $137.82/mo |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
Looking only at the median can be misleading because it hides the spread. The percentiles below describe the cumulative federal debt distribution for borrowers at Empire Beauty School-Monroeville.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,750 |
| 25th percentile | $4,750 |
| 75th percentile | $12,252 |
| 90th percentile (highest-debt students) | $13,700 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $7,955 |
| Middle income | $8,028 |
| High income | $8,025 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $8,028 |
| Continuing-generation students | $8,028 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $7,667 |
| Independent students | $9,500 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. Empire Beauty School-Monroeville.
The Stafford loan program is the largest source of federal direct loans to undergraduates. The totals below capture Stafford lending at Empire Beauty School-Monroeville:
| Metric | Value |
|---|---|
| Stafford loan recipients | 14568 |
| Total Stafford loan amount | $145,421,343 |
If you are a veteran or active-duty service member, the GI Bill and DoD Tuition Assistance are the primary federal programs you can use at this school.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 1 |
| Total GI Bill amount | $17,100 |
| Average GI Bill amount per recipient | $17,100 |
References
More about our data sources and methodologies.