How much does it cost to go to Bais Medrash Toras Chesed?
On this page you'll get a better understanding of what college costs you'll actually have to pay out of pocket, which can vary widely based on where you live and your income level.
Why is Net Price Important?
Few students will pay the full advertised sticker price of Bais Medrash Toras Chesed. The Net Price is an estimate of how much the average student actually pays to attend college for one year.
To calculate this number we take the total cost of attendance of Bais Medrash Toras Chesed including tuition, fees, room, board and other expenses. Then we subtract out the average amount of aid awarded per student.
What is the Average Net Price for All Bais Medrash Toras Chesed Undergrads?
The average student will pay a total net price of $10,397.
$10,397 is the average net price across all students. Your price may differ depending on your family income level.
The average net price of $10,397 is based on estimates from 2017. This number represents the overall average net price of all undergraduate students, including those that did not receive any financial aid.
Breakdown of College Costs for Freshmen
Grant and scholarship aid was given to 61% of freshman students.
The average amount awarded was $7,835.
When subtracted from the total cost to attend Bais Medrash Toras Chesed and live on campus, the average annual net price for freshmen receiving aid was $8,165.
The following table explores the likelihood that you too will receive some common price-reducing aid, based on percentages.
|Net Price by Aid Group||On Campus||Off Campus||At Home|
|28 Total Freshmen|
|11 (39%) did not receive any grants or scholarships.||$16,000||N/A||N/A|
|17 (61%) split a total of $133,195 for an average of $7,835 each||$8,165||N/A||N/A|
The above refers to grants and scholarships from the college and/or the state, federal or local governments. Other sources of grant aid such as private scholarships are not included.
Actual Price Varies Based on Income
Family income can have a large impact on the amount of aid you receive, and thus, your net price.
The table below shows the average net price freshmen paid based on income level. Note that if the school offers in-state tuition, the lower in-state tuition has been used in the calculation.
|Net Price by Family Income Level||Net Price|
The above table only includes the calculated net price for students that received some form of Title IV aid.
What is Title IV?
How Fast Are College Costs Rising?
Over a period of six years, the average net price paid by all freshmen at Bais Medrash Toras Chesed has increased by an average of 3.7% per year.
Among the Lowest Net Price for Students Who Get Financial Aid
An overall average net price of $8,165 puts Bais Medrash Toras Chesed well below the national average of $22,482.
Financial Aid Packages Vary From Year to Year
Many schools offer more aid to first year students (freshmen) than they do to other undergraduates. Is that the case with this school?