$5,599

Avg. Federal Grant

$5,831

Avg. Federal Loan

$374,099

Total Aid Awarded

Empire Beauty School-Somersworth Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

48%

Total Aid Amount Average Total Aid Awarded per year.

$374.099K

Financial Aid Official Website

www.empirebeautyschools.com

It is interesting to note that, every year, around 80% of students at EBSS receive some kind of financial aid, while the total amount of assistance/loans provided is $795,594. The total percentage of candidates applying to Empire Beauty School-Somersworth who receive the Federal Grant is 70%. Meanwhile, 70% of the applicants receive the Student Grant, while 70% of the students get the Pell Grant. On the other hand, the average aid received by the Pell Grant awardees is $4,251. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Candidates are also required to repay these loans within a given period. At Empire Beauty School-Somersworth, the percentage of candidates who opt to avail of student loans is around 75%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

100%

State Grant Aid

N/A

Institution Grant Aid

N/A

Pell Grant

100%

Average Aid Awarded

Federal Grant Aid

$5,599

State Grant Aid

N/A

Institution Grant Aid

N/A

Pell Grant

$5,599

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$10,019

$30,001 - $48,000

$9,909

$48,001 - $75,000

$9,867

$75,001 - $110,000

$8,815

Over $110,000

N/A

Student Loans for Empire Beauty School-Somersworth

Average Loan Amount Average Loan Amount received per year.

$5,831/Year

Students Taking Out Loans

89%

Loan Default Rate

10%

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