by our College Data Analytics TeamMost college students will not be charged the full price tag of a school. Instead, they will be offered a financial aid package that includes a combination of loans, grants, scholarships and possibly work-study opportunities.
What financial aid options does Rabbinical College of America offer, and what will you qualify for? Keep scrolling for answers.
Unable to Report on First Year Student Financial Aid
Financial aid contains loans, grants, and scholarships. But college loans need to be repaid, thus they are not a real college discount.
A college loan is not a true college discount, but rather an outcome to consider. Find out how much student loan debt from Rabbinical College of America you may end up taking on.
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 stats below refer to aid that is provided by Rabbinical College of America.
78% of incoming freshmen (36 total) were given scholarships at Rabbinical College of America, averaging $5,822.00 per student. This puts it in the top 50th percentile among colleges and universities nationwide.
In addition to scholarships, 63% of first years (29 total) were awarded federal grant aid, averaging $5,291.00 each.
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 | 8.70% | $10,779.00 |
| Income 30k-48k | 17.39% | $10,023.00 |
| Income 48k-75k | 10.87% | $7,267.00 |
| Income 75k-110k | 6.52% | $9,192.00 |
| 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.
Of the 46 undergraduate students at Rabbinical College of America around 96% (44 total) receive some form of grant aid. The typical amount awarded was $8,791.00.
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.