by our College Data Analytics TeamThe majority of students are not billed the full, advertised sticker price of a school. Instead, they will be given a financial aid offer that will include a combination of scholarships, grants, loans, and work-study. The total price of attendance at Bais HaMedrash and Mesivta of Baltimore can feel overwhelming, but bear in mind that many students receive some sort of financial aid.
What financing options does Bais HaMedrash and Mesivta of Baltimore offer you, and what will you qualify for? Keep scrolling for more information. Scroll down to discover what amount of financial assistance could be accessible to you.
The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. The figures below will help you estimate the aid you might receive from Bais HaMedrash and Mesivta of Baltimore.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. However, some types of aid are more desirable than others, and some students will receive more than others.
Among first-time, full-time freshmen at Bais HaMedrash and Mesivta of Baltimore, 67% of first-time, full-time freshmen received some form of financial aid around 18 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 67% | $11,699 |
| Institutional grants & scholarships | 63% | $6,076 |
| Federal Pell grants | 37% | $6,400 |
| State/local grants | 22% | $7,217 |
| Federal student loans | 0% | — |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. At Bais HaMedrash and Mesivta of Baltimore, some 78% of the undergraduate population received grant aid that averaged $12,292 (for some 71 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 78% | $12,292 |
| Federal Pell grants | 41% | $6,704 |
| Federal student loans | 0% | — |
On-campus students receiving title-IV aid were awarded grants averaging $12,939.
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 | $8,565 |
| $30,001 – $75,000 | $8,722 |
| Over $75,000 | $12,825 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
Net price is the cost remaining after grant and scholarship aid is subtracted from the sticker price, and it is the most useful single number for estimating real cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $11,361 |
| Off-campus title-IV students | $9,482 |
For a personalized estimate based on your family’s financial situation, use Bais HaMedrash and Mesivta of Baltimore’s NPC: [bhmb.edu/NetPrice/NetPrice 2017/npcalc.htm](https://bhmb.edu/NetPrice/NetPrice 2017/npcalc.htm).
The figure below distills the debt data into a single burden category for Bais HaMedrash and Mesivta of Baltimore.
References
More about our data sources and methodologies.