by our College Data Analytics TeamMost students won’t pay the advertised price of a school. Instead, they will be provided with a financial aid plan that includes a mix of scholarships, grants, loans, and work-study. But some kinds of aid are more desirable than others, and some students will get more than others.
The amount of financial assistance and scholarships or grants you can get varies based on your circumstances. Keep reading to learn more to help you to know just how much aid and scholarships to expect from Bet Medrash Gadol Ateret Torah.
Unable to Report on First Year Student Financial Aid
Loans are a part of financial aid plans, but the only true college discount is a scholarship or grant that you don’t have to repay.
Student debt really should be considered to be an added expense and not as “aid” or a “discount”. Find more about student loan debt at Bet Medrash Gadol Ateret Torah.
Institutional scholarships and grants are financial aid awards given by colleges and universities to help students manage tuition costs and other education-related expenses. These awards, which do not need to be repaid, can be classified as merit-based or need-based. Students who excel academically, possess unique talents, or have specific skills can be eligible for merit-based institutional scholarships. Factors such as high school performance, standardized test scores, or participation in extracurricular activities often contribute to eligibility for these scholarships. Need-based institutional grants, on the other hand, are awarded to students who demonstrate financial need. The amount given is generally based on the student’s family’s financial situation, aiming to cover the gap between the cost of attendance and the family’s capacity to pay. To assess a student’s eligibility for need-based grants, colleges and universities may rely on information from the Free Application for Federal Student Aid (FAFSA) or other financial aid forms. Institutional scholarships and grants are essential for students, as they can substantially lower college expenses and make higher education more affordable.
The following numbers pertain to assistance that is supplied by Bet Medrash Gadol Ateret Torah.
100% of new students (30 total) were offered scholarships at Bet Medrash Gadol Ateret Torah, averaging $5,704.00 per person. This puts it in the top 50th percentile among colleges and universities nationwide.
In addition to scholarships, 53% of first-year students (16 total) got federal grant aid, averaging $5,787.00 per person.
The next table shows grant and scholarship distributions by income for first-year students getting any form of federally-funded Title IV aid, including Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 13.33% | $11,650.00 |
| Income 30k-48k | 13.33% | $11,650.00 |
| Income 48k-75k | 26.67% | $11,625.00 |
| Income 75k-110k | 0.00% | $0.00 |
| Income 110k + | 0.00% | $0.00 |
The table above shows students who are receiving Title IV aid, which is federal assistance from the government in the form of grants, loans, and work-study. Learn more.
100% of the 30 undergraduates at Bet Medrash Gadol Ateret Torah receive some sort of grant aid. This is a total of about 30 students getting an average of $10,884.00 per person.
Check out the Tuition and Fees page or the Cost Per Credit Hour page to find out more.
References
More about our data sources and methodologies.
