by our College Data Analytics TeamThe majority of students will never be charged the full sticker price of a school. Rather, they are offered a financial aid plan that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The sum total of attendance at Ner Israel Rabbinical College can sound overpowering, but remember that the majority of students get some type of financial assistance.
Just what financial assistance solutions will Ner Israel Rabbinical College provide, and just what are you going to be eligible for? Read on for answers. Read on to discover just how much financial aid could be open to you.
The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. Read on to get a sense of the financial assistance available at Ner Israel Rabbinical College.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
For incoming first-year students at Ner Israel Rabbinical College, 77% of the incoming full-time class was awarded financial aid roughly 33 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 77% | $8,942 |
| Institutional grants & scholarships | 74% | $7,323 |
| Federal Pell grants | 16% | $4,432 |
| State/local grants | 14% | $3,892 |
| Federal student loans | 0% | — |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At Ner Israel Rabbinical College, roughly 65% of the undergraduate population received grant aid that averaged $8,609 (across roughly 191 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 65% | $8,609 |
| Federal Pell grants | 16% | $6,190 |
| Federal student loans | 0% | — |
On-campus students receiving title-IV aid were awarded grants averaging $13,178.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $5,090 |
| $30,001 – $75,000 | $5,644 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
Net price is the cost remaining after grant and scholarship aid is subtracted from the sticker price, and it is the most useful single number for estimating real cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $13,572 |
| Off-campus title-IV students | $5,548 |
To project your own net price, use Ner Israel Rabbinical College’s online cost calculator: nirc.edu/net-price-calculator/.
The Department of Education computes summary indicators that describe debt outcomes at a glance. Ner Israel Rabbinical College.
The Stafford loan program is the largest source of federal direct loans to undergraduates. The totals below capture Stafford lending at Ner Israel Rabbinical College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 32 |
| Total Stafford loan amount | $233,194 |
References
More about our data sources and methodologies.