Cost of education at Empire Beauty School-Stone Park stays the same for all students in 2022-23 school year

Chairman/CEO, Frank Schoeneman
Chairman/CEO, Frank Schoeneman
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The tuition at Empire Beauty School-Stone Park did not change for the 2022-23 school year, as revealed by the most recent data, according to the latest disclosure from the National Center for Education Statistics.

Students enrolled at the private for-profit institution paid $19,260 for both the 2021-22 and 2022-23 academic years.

The entire undergraduate student body at the school consists of residents from Illinois.

Data indicates that 94% of full-time undergraduates who began studies at Empire Beauty School-Stone Park in 2022-23 received some form of student financial aid. Specifically, 55 students were awarded grants or scholarships totaling $294,473, while 50 students borrowed more than $418,000 in student loans.

Across all undergraduate students, 121 individuals benefited from grants or scholarships amounting to $613,838. Additionally, 119 students obtained federal student loans totaling $989,856.

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-Stone Park 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 55 67% $292,173 $5,312
State / local grant or scholarship 0 0% $0 $0
Institutional grants or scholarships 11 13% $2,300 $209
Grant or scholarship aid total 55 67% $294,473 $5,354
Federal student loans 50 61% $418,000 $8,360
Other student loans 0 0% $0 $0
Student loan aid 50 61% $418,000 $8,360
Total student aid 77 94% $712,473 $9,252

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



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