by our College Data Analytics TeamA large number of students are not billed the advertised price of a school. Instead, they will be provided a financial aid package that will include a combination of scholarships, grants, loans, and work-study. The total cost of going to Bais Binyomin Academy can seem tremendous, but do not forget that almost all students are given some form of financial help.
Just what financial assistance solutions will Bais Binyomin Academy deliver, and just what are you going to be eligible for? Read on for answers. Read on to see how much school funding could be available to you.
How much aid you qualify for depends largely on your family’s financial circumstances. Use the information below to understand how much financial assistance you may get from Bais Binyomin Academy.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. However, some types of aid are more desirable than others, and some students will receive more than others.
Looking at the entering class at Bais Binyomin Academy, 79% of first-time, full-time freshmen received some form of financial aid roughly 19 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 79% | $8,829 |
| Institutional grants & scholarships | 25% | $1,982 |
| Federal Pell grants | 67% | $6,983 |
| State/local grants | 38% | $4,654 |
| Federal student loans | 0% | — |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. Across the undergraduate body at Bais Binyomin Academy, around 82% of undergraduates were awarded an average grant or scholarship of $10,170 (among about 41 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 82% | $10,170 |
| Federal Pell grants | 74% | $6,989 |
| Federal student loans | 0% | — |
Title-IV recipients living on campus saw average grant aid of $9,932.
Since aid is largely need-based, the real cost of attendance falls steeply for lower-income families.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $18,556 |
| $30,001 – $75,000 | $18,945 |
Each figure is the net price after grants and scholarships, not the published sticker price.
The net price strips out grant and scholarship aid from the sticker price to show roughly what families really pay.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $26,018 |
| Off-campus title-IV students | $18,646 |
For a customized cost estimate, visit Bais Binyomin Academy’s online cost calculator: baisbinyominacademy.com/links/.
The figure below distills the debt data into a single burden category for Bais Binyomin Academy.
References
More about our data sources and methodologies.