Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 272, which is 63.11 % of all undergraduate students. 250 students which is 57.78% of undergraduate students received federal student loans and the average loan amount is $7,749.

For full-time, first-time beginning students (freshmen), 77.33% of students received grants or scholarships and 80% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table shows the trends of financial aid for all undergraduate students at Empire Beauty School-Michigan since 2013.

For that period, the average number of students who received grants aid/scholarships is 272, which is 63.11 % of all undergraduate students. 250 students which is 57.78% of undergraduate students received federal student loans and the average loan amount is $7,749.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14395 (72%)$3,480394 (72%)$3,409382 (69%)$7,356
2014-15345 (70%)$4,060340 (69%)$3,995329 (67%)$7,652
2015-16309 (73%)$4,087298 (71%)$4,009294 (70%)$7,348
2016-17305 (73%)$4,081290 (70%)$3,976304 (73%)$7,595
2017-18216 (55%)$3,987212 (54%)$3,884186 (48%)$7,958
2018-19212 (55%)$4,182210 (54%)$4,019189 (49%)$8,004
2019-20209 (56%)$4,365202 (54%)$3,587175 (47%)$8,186
2020-21226 (57%)$4,451220 (55%)$4,183196 (49%)$7,924
2021-22234 (57%)$4,951230 (56%)$4,302194 (48%)$7,720
Average272 (63.11%)$4,183266 (61.67%)$3,929250 (57.78%)$7,749
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

For the last 10 years, on average, 84 (77.33 % of students) received grants or scholarships and its average amount is $4,619. It can cover 23.98% of tuition & fees ($19,260).

In addition, 85 (79.67 % of students) students get helped from the students loans (average amount : $8,728).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1495 (83%)$4,665106 (92%)$8,743
2014-1587 (81%)$4,25894 (87%)$8,941
2015-1658 (79%)$5,02062 (85%)$9,813
2016-1771 (75%)$5,08285 (89%)$9,689
2017-1876 (87%)$4,65184 (97%)$7,962
2018-1982 (88%)$4,69281 (87%)$8,367
2019-2091 (68%)$3,81080 (60%)$8,654
2020-2197 (70%)$4,70791 (66%)$8,150
2021-2298 (65%)$4,68381 (54%)$8,233
Average84 (77.33%)$4,61985 (79.67%)$8,728
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.

The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 81 (74.78 % of students) received Pell (federal) grants and its average amount is $4,484.

In addition, 4 students received State/local government grants/scholarships (4.20 % of students).

Year Federal (Pell) GrantsOther Federal State/Local governmentInstitutional
Number Received (percent)Average AmountNumber Received (percent)Average Amount Number Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1495 (83%)$4,53833 (29%)$273--33 (29%)$94
2014-1586 (80%)$4,14321 (19%)$4003 (3%)$1,00021 (19%)$133
2015-1655 (75%)$4,82524 (33%)$3848 (11%)$1,00027 (37%)$318
2016-1765 (68%)$4,83723 (24%)$4215 (5%)$4,69130 (32%)$443
2017-1873 (84%)$4,56922 (25%)$338--30 (34%)$416
2018-1981 (87%)$4,53330 (32%)$338--32 (34%)$230
2019-2086 (65%)$3,75030 (23%)$3081 (1%)$1,00037 (28%)$378
2020-2193 (67%)$4,56319 (14%)$5681 (1%)$1,00013 (9%)$1,574
2021-2296 (64%)$4,60223 (15%)$362--26 (17%)$338
Average81 (74.78%)$4,48425 (23.78%)$3774 (4.20%)$1,73828 (26.56%)$436
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.

The following table describes number of students and average amount of loans by loan type. The following table shows the trends of grants or scholarships over time.

For the last 10 years, on average, 85 (79.67 % of students) get any students loan help and its average loan amount is $85.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14106 (92%)$8,743106 (92%)$8,743--
2014-1594 (87%)$8,94194 (87%)$8,941--
2015-1662 (85%)$9,81362 (85%)$9,813--
2016-1785 (89%)$9,68985 (89%)$9,689--
2017-1884 (97%)$7,96284 (97%)$7,962--
2018-1981 (87%)$8,36781 (87%)$8,367--
2019-2080 (60%)$8,65480 (60%)$8,17610 (8%)$3,829
2020-2191 (66%)$8,15091 (66%)$7,9557 (5%)$2,533
2021-2281 (54%)$8,23381 (54%)$7,45341 (27%)$1,541
Average85 (79.67%)$8,72885 (79.67%)$8,56719 (13.33%)$2,634

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