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Financial Assistance financial assistance

Empire Beauty Schools financial aid representatives will help you find the options available to you. Students enrolled in most programs are eligible to apply for federal financial assistance through Title IV of the Higher Education Act, which includes federal grants (which do not have to be repaid) and low-cost federal loans (with payments beginning after you have been out of school for six months). Our professional staff can help determine if you qualify. There are so many affordable ways to finance your future. Let us help you explore the option that works best for you.*

Watch The Video

Watch the Empire Beauty School financial aid video below to see how other students learned how to benefit from financial aid options for cosmetology school. There are many financial aid options, it’s easy to get overwhelmed, and that’s why Empire Beauty School has staff waiting to help you understand your options. Fill out the form on the left to talk with an Empire representative today.

Scholarships

A Scholarship is a grant or payment made to support a student's education, awarded on the basis of academic or other achievement. Click on a scholarship below to learn more:

Beauty Schools Marketing Group - $2,500 Scholarship

Beauty Schools Marketing Group is offering a $2,500 cosmetology school scholarship to help cosmetology school students live their dreams! Apply for the Beauty Schools Marketing Group scholarship at beautyschoolsdirectory.com

Beauty Changes Lives Scholarships

The Beauty Changes Lives Foundation offers scholarships and celeb mentorships throughout the year. Opportunities are available for prospective & current students, as well as licensed cosmetologists.

For more information, visit www.beautychangeslives.org/scholarships.

The Alice Madden Barton Scholarship Program

A Great Clips Cosmetology School Scholarship for current students, high school students and anyone interested in cosmetology or barbering as a career can apply for a scholarship through the Alice Madden Barton Scholarship program. These scholarships can be used at any cosmetology or barbering school. The scholarships are given out twice a year in January and July to applicants who can demonstrate a passion for the craft and dedication to developing their skills. The deadlines for applications are June 30 and December 31.

For more information go to www.GreatClips.com/Stylists/Scholarship-Program

Joe Francis Haircare Scholarship

Joe Francis Haircare Scholarship awards $1,000 scholarships for students enrolled or applying for enrollment to a barber or cosmetology school. Esthetician or Nail training students are not eligible. For details visit www.joefrancis.com.

OPI Scholarships

OPI's offers multiple scholarships for Cosmetology students attending AACS member schools in the amount of each from through the Schaeffer Family Foundation. Recipients are based on an essay and one industry recommendation. For more information visit www.beautyschools.org.

Click here to view the 2013 OPI scholarship application.

Sport Clips Scholarship

Sport Clips Scholarship is a scholarship opportunity available through AACS, which is awarding multiple $1,000 scholarships for Cosmetology students who attend AACS member schools. Only one scholarship recipient will be chosen from an individual school per year for the program. For more information visit www.beautyschools.org.

AACS Scholarships

AACS has several new scholarships available to students. Information can be found at BeautyChangesLives.org

Grants and Loans

A Scholarship is a grant or payment made to support a student's education, awarded on the basis of academic or other achievement. Click on a scholarship below to learn more:

ACE Grant* **

Prospective students should request information, an application and salon assessment for the ACE Grant Program from the Beauty and Barber Supply Institute by calling (800) 468-2272. ACE Grant application, salon assessment and proof of high school graduate or GED should be sent to your Empire Education Group school of interest. The ACE Grant organization will formally inform the awarding student. For more information visit www.beautyschools.org.

*Subject to Financial Assistance package reduction based on any additional funding sources.

**Any institutional aid will be applied to the student account when the student attends 750 clock hours of the first academic year.

Federal Pell Grant (PELL)

Pell grants are the foundation of federal student financial assistance to which aid from other federal and nonfederal sources might be added. These grants are generally awarded to undergraduate students and the award amounts can change yearly. Unlike loans, grants are not repaid unless, for example, you withdraw from school prior to the planned program completion date. All federal grants are awarded to students with financial need. The amount of your Federal Pell Grant depends on your cost of attendance, expected family contribution, enrollment status (full or part time) and whether you attend for a full academic year or less. For more information visit Federal Pell Grant.

Federal Supplemental Educational Opportunity Grant (FSEOG)

This type of grant is awarded to undergraduate students with exceptional financial need-those with the lowest Expected Family Contribution (EFC). Federal Pell Grant recipients receive priority for FSEOG awards which range from to per award year. The amount of your award will be determined by the school's Financial Assistance Office. For more information visit Federal Supplemental Educational Opportunity Grant.

William D. Ford Federal Direct Loan Program

Student loans, unlike grants, are borrowed money (monies) that must be repaid with interest. Loans made through this program are referred to as Direct Loans. Eligible students and parents borrow directly from the U.S. Department of Education. For more information visit William D. Ford Federal Direct Loan Program. There are three types of loans in the program:

  • Subsidized Stafford Loan- A student can borrow this type of loan to cover some or all of their school expenses. The U.S. Department of Education pays the interest while you're in school. The amount of the loan cannot exceed a student's financial need. For more information visit Subsidized Stafford Loan.
  • Unsubsidized Stafford Loan- A student can borrow this type of loan to cover some or all of their school expenses. The U.S. Department does not pay interest on subsidized loans. A student is responsible for paying the interest that accrues on the loan from the time the loan is disbursed until it's paid in full. The fixed interest rate of 6.8 percent can be paid while attending school, during a period of deferment or forbearance or it can be accrued and the interest added to the principle amount of the loan. For more information visit Unsubsidized Stafford Loan.
  • PLUS Loans- Parents of dependent students can borrow from the PLUS Loan program. The terms and conditions of this type of loan include a requirement that the applicant not have an adverse credit history, a repayment period that begins on the date of the last disbursement of the loan and a fixed interest rate of 7.9 percent for the Direct Loan. For more information visit PLUS Loans.

Veteran's Education Benefits

Some Empire Education Group schools are approved for Veteran's Educational Benefits for veterans, eligible dependents of deceased or disabled veterans and active status National Guard and Reserve personnel. Any student interested in this type of benefit must verify with the school representative that the school is eligible for benefits. For more information visit www.gibill.va.gov.

Financial Aid available for those who qualify and may be subject to the terms of the scholarships, loans or grants applied for.