by our College Data Analytics TeamA lot of students are not billed 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-Vernon Hills can appear overwhelming, but bear in mind that many students obtain some kind of financial aid.
Just what financial assistance solutions will Empire Beauty School-Vernon Hills deliver, and just what are you going to be eligible for? Read on for answers. Keep reading to find out just how much financial aid will be open 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-Vernon Hills.
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.
Among first-time, full-time freshmen at Empire Beauty School-Vernon Hills, 82% of first-year full-time students received aid of some kind around 45 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 65% | $5,329 |
| Institutional grants & scholarships | 16% | $822 |
| Federal Pell grants | 64% | $5,150 |
| State/local grants | 0% | — |
| Federal student loans | 53% | $7,128 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. At Empire Beauty School-Vernon Hills, roughly 61% of undergrads got grants or scholarships worth on average $5,415 (across roughly 54 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 61% | $5,415 |
| Federal Pell grants | 60% | $5,238 |
| Federal student loans | 51% | $7,616 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $5,274.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $14,725 |
| $30,001 – $75,000 | $15,917 |
Each figure is the net price after grants and scholarships, not the published sticker price.
Net price is the cost remaining after grant and scholarship aid is subtracted from the sticker price, and it is the most useful single number for estimating real cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $14,906 |
| Off-campus title-IV students | $15,388 |
For a personalized estimate based on your family’s financial situation, use Empire Beauty School-Vernon Hills’s net price calculator: www.empire.edu/net-price-calculator.
A typical borrower at Empire Beauty School-Vernon Hills leaves with $7,050 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $7,050 |
| Median federal debt (graduates only) | $13,583 |
| Typical 10-year monthly payment (graduates) | $144.0/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
A single median figure conceals how much debt outcomes differ student to student. The four reference points below map the debt distribution at Empire Beauty School-Vernon Hills.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,750 |
| 25th percentile | $4,750 |
| 75th percentile | $12,803 |
| 90th percentile (highest-debt students) | $15,322 |
Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $6,333 |
| Middle income | $8,028 |
| High income | $8,028 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $7,010 |
| Continuing-generation students | $7,740 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $8,023 |
| Independent students | $6,393 |
These indicators are derived from the underlying debt data and summarize the overall picture at Empire Beauty School-Vernon Hills.
The Stafford loan program is the largest source of federal direct loans to undergraduates. The totals below capture Stafford lending at Empire Beauty School-Vernon Hills:
| Metric | Value |
|---|---|
| Stafford loan recipients | 15355 |
| Total Stafford loan amount | $148,121,422 |
The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 1 |
| Total GI Bill amount | $12,617 |
| Average GI Bill amount per recipient | $12,617 |
References
More about our data sources and methodologies.