by our College Data Analytics TeamA large number of students will never be charged 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 price tag of going to Derech Hachaim Seminary can appear tremendous, but do not forget that almost all students obtain some kind of financial help.
Just what financial assistance solutions will Derech Hachaim Seminary deliver, and just what are you going to be eligible for? Read on for answers. Read on to see 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 information provided on this page can help you determine how much aid you may receive from Derech Hachaim Seminary.
Financial aid, in the form of loans, grants, work-study, and scholarships, is one way colleges reduce the cost of attendance so most students can actually afford to attend. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
At Derech Hachaim Seminary, 100% of new full-time first-years were awarded at least some aid (about 201 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $7,826 |
| Institutional grants & scholarships | 72% | $4,543 |
| Federal Pell grants | 63% | $7,120 |
| State/local grants | 0% | — |
| Federal student loans | 0% | — |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At Derech Hachaim Seminary, about 100% of undergraduates were awarded grant or scholarship aid averaging $7,731 (among about 284 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $7,731 |
| Federal Pell grants | 65% | $7,197 |
| Federal student loans | 0% | — |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $8,352.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $8,115 |
| $30,001 – $75,000 | $8,602 |
| Over $75,000 | $8,762 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
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 | $15,748 |
| Off-campus title-IV students | $8,253 |
For a personalized estimate based on your family’s financial situation, use Derech Hachaim Seminary’s net price calculator: derechhachaimseminary.com/links.
Federal data publishes pre-calculated indicators that summarize debt outcomes. Derech Hachaim Seminary.
References
More about our data sources and methodologies.