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 sum total of attendance at Bais Medrash Elyon can sound tremendous, but do not forget that almost all students get some type of financial help.
What financial aid options can Bais Medrash Elyon offer, and what will you qualify for? Keep reading for more information. Keep going to learn how much school funding will be available to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. The figures below will help you estimate the aid you might receive from Bais Medrash Elyon.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
At Bais Medrash Elyon, 63% of new full-time first-years were awarded at least some aid (about 5 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 63% | $5,379 |
| Institutional grants & scholarships | 63% | $3,814 |
| Federal Pell grants | 13% | $7,395 |
| State/local grants | 0% | — |
| Federal student loans | 0% | — |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. Here, about 82% of undergrads got grants or scholarships worth on average $7,029 (covering around 36 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 82% | $7,029 |
| Federal Pell grants | 11% | $7,395 |
| Federal student loans | 0% | — |
For on-campus title-IV students, average grant aid came to $11,053.
The net price represents the average annual cost a title-IV-receiving student pays after grant aid is subtracted from the full cost of attendance.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $8,447 |
For a personalized estimate based on your family’s financial situation, use Bais Medrash Elyon’s NPC: baismedroshelyon.com/links/.
The Department of Education computes summary indicators that describe debt outcomes at a glance. Bais Medrash Elyon.
References
More about our data sources and methodologies.