by our College Data Analytics TeamA large number of students will never be charged 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 price tag of going to Empire Beauty School-Reading can appear overpowering, but remember that the majority of students obtain some kind of financial assistance.
What financial aid options can Empire Beauty School-Reading offer, and what will you qualify for? Keep reading for more information. Keep reading to learn just how much financial aid will be open to you.
The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. The figures below will help you estimate the aid you might receive from Empire Beauty School-Reading.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
For incoming first-year students at Empire Beauty School-Reading, 85% of new full-time first-years were awarded at least some aid some 40 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 70% | $6,429 |
| Institutional grants & scholarships | 17% | $200 |
| Federal Pell grants | 70% | $6,235 |
| State/local grants | 0% | — |
| Federal student loans | 79% | $7,367 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. Here, approximately 65% of undergraduates were awarded grant or scholarship aid averaging $5,792 (covering around 83 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 65% | $5,792 |
| Federal Pell grants | 65% | $5,716 |
| Federal student loans | 64% | $7,271 |
For on-campus title-IV students, average grant aid came to $5,440.
Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $17,980 |
| $30,001 – $75,000 | $18,241 |
| Over $75,000 | $22,577 |
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 | $18,160 |
| Off-campus title-IV students | $18,390 |
To project your own net price, use Empire Beauty School-Reading’s official net price calculator: www.empire.edu/net-price-calculator.
Graduating students at Empire Beauty School-Reading carry a median federal student debt of $7,851 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $7,851 |
| 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.
Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. The figures below chart the debt distribution at Empire Beauty School-Reading.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,750 |
| 25th percentile | $4,750 |
| 75th percentile | $12,322 |
| 90th percentile (highest-debt students) | $14,604 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $7,667 |
| Middle income | $7,972 |
| High income | $7,917 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $7,667 |
| Continuing-generation students | $7,917 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $7,667 |
| Independent students | $7,917 |
These indicators are derived from the underlying debt data and summarize the overall picture at Empire Beauty School-Reading.
Stafford loans are the federal government’s primary direct undergraduate lending program. These figures summarize annual Stafford program activity at Empire Beauty School-Reading:
| Metric | Value |
|---|---|
| Stafford loan recipients | 17851 |
| Total Stafford loan amount | $183,144,138 |
The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.
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.