by our College Data Analytics TeamMany students attending Beth Medrash Meor Yitzchok can expect to receive financial assistance in various forms, such as scholarships, grants, loans, and work-study programs, making the cost of attendance more manageable.
Interested in understanding the financial aid resources available at Beth Medrash Meor Yitzchok and your eligibility? Find the answers you seek below.
Unable to Report on First Year Student Financial Aid
Student loans come included in financial aid packages, however, the only true discount off of the price of college is a grant or scholarship that you do not need to pay back.
Uneasy about the debt that may be included in your financial aid plan? Find the average amount of debt per student at Beth Medrash Meor Yitzchok.
Colleges and universities offer institutional scholarships and grants as financial assistance to help students cover tuition fees and other educational costs. These awards, which do not require repayment, can be merit-based or need-based. Merit-based institutional scholarships recognize students who have exceptional academic records, special talents, or skills in particular areas. Eligibility for these scholarships often depends on factors such as a student’s high school performance, standardized test scores, or involvement in extracurricular activities. In contrast, need-based institutional grants are designed for students who show financial need. The amount awarded usually depends on the student’s family’s financial condition and aims.
The numbers listed below make reference to help that is offered by Beth Medrash Meor Yitzchok.
81% of incoming freshmen (78 total) were given scholarships at Beth Medrash Meor Yitzchok, averaging $6,260.00 per student. This puts it in the top 50th percentile among colleges and universities nationwide.
As well as scholarships, 74% of first-year students (71 total) got a federal grant, for about $4,491.00 per person.
The table below demonstrates scholarship and grant allocations by income level for freshmen receiving any type of federal Title IV assistance, which includes Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 28.12% | $12,599.00 |
| Income 30k-48k | 6.25% | $14,767.00 |
| Income 48k-75k | 7.29% | $13,024.00 |
| Income 75k-110k | 3.12% | $10,915.00 |
| Income 110k + | 0.00% | $0.00 |
The table above displays students who are getting Title IV aid, federal aid from the government including loans, grants or work-study. Get more info on Title IV here.
91 Beth Medrash Meor Yitzchok undergrads obtain grant aid (this is about 95% of the entire undergraduate student population). The average amount these students receive is $10,394.00.
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.