Cost for all students at Empire Beauty School-Florence remained the same in 2022-23 school year

Michelle Schoulties, Executive Director
Michelle Schoulties, Executive Director
0Comments

Empire Beauty School-Florence kept tuition fees unchanged for the 2022-23 school year, as revealed in the most recent disclosure, according to the latest disclosure from the National Center for Education Statistics.

Students enrolled at this private, for-profit institution paid $17,145 in tuition during both the 2021-22 and 2022-23 academic years.

Approximately 93% of the undergraduate student body at the school are residents of Kentucky, while about 7% come from other states.

Data indicates that 96% of full-time undergraduates who began their studies at Empire Beauty School-Florence in 2022-23 received some form of student financial aid. Among them, 65 students were awarded grants or scholarships totaling $311,089, and 63 students obtained student loans exceeding $488,497.

Across the entire undergraduate population, 102 students received grants or scholarships amounting to $481,603. Additionally, 100 students borrowed $779,228 in federal student loans.

Undergraduate education costs have seen a significant increase over the past few decades. Data shows a 169% rise in the average total cost, including tuition, fees, room, and board, between 1980 and 2020.

According to a 2023 College Board report, in-state students at public universities paid an average of $11,260, while out-of-state students paid $29,150 in the 2023-24 academic year.

Meanwhile, student loan debt has steadily increased over the last 30 years, reaching $1.75 trillion in 2024, averaging a total of $28,950 per borrower. Federal loans make up 92% of the debt, with over half of students at both public and private four-year colleges graduating with student loans.

Available data sometimes exceeds 100% due to rounding and administrative calculations.

Undergraduate Financial Aid

The following data includes only full-time students who began an undergraduate program at the Empire Beauty School-Florence in the 2022-23 school year.

Type of Aid Number of students awarded aid Percent awarded aid Total amount of aid awarded Average amount of aid per student
Federal grants 64 68% $306,289 $4,786
State / local grant or scholarship 0 0% $0 $0
Institutional grants or scholarships 25 27% $4,800 $192
Grant or scholarship aid total 65 69% $311,089 $4,786
Federal student loans 63 67% $488,497 $7,754
Other student loans 0 0% $0 $0
Student loan aid 63 67% $488,497 $7,754
Total student aid 90 96% $799,586 $8,884

Information in this story was obtained from the National Center for Education Statistics. The source data can be found here.



Related

Andrew Wyckoff, Principal of Conner High School

This week’s school events in North Kentucky: Jan. 4-10

The following school events are scheduled to take place in North Kentucky this week.

Andrew Wyckoff, Principal of Conner High School

This January’s school events in North Kentucky

The following events are scheduled to take place in North Kentucky this month.

Jessica Brown, Teacher, Advisor, Counselor, Site Administrator, Service Supervisor of Covington Catholic High School

School events this week in North Kentucky: Dec. 28 – Jan. 3

The following school events are scheduled to take place in North Kentucky this week.

Trending

The Weekly Newsletter

Sign-up for the Weekly Newsletter from North Kentucky News.