by our College Data Analytics TeamThe majority of students will not be asked to pay the advertised price of a school. Instead, they will be provided a financial aid package that will include a combination of scholarships, grants, loans, and work-study. The sum total of attendance at Rabbinical College of Long Island can sound overpowering, but remember that the majority of students get some type of financial assistance.
Just what financing solutions does Rabbinical College of Long Island provide, and just what are you going to be eligible for? Keep scrolling for answers. Read on to find out just how much financial aid will be open to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. The information provided on this page can help you determine how much aid you may receive from Rabbinical College of Long Island.
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. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
At Rabbinical College of Long Island, 93% of first-year full-time students received aid of some kind (about 42 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 93% | $8,069 |
| Institutional grants & scholarships | 76% | $4,676 |
| Federal Pell grants | 49% | $6,086 |
| State/local grants | 42% | $1,670 |
| Federal student loans | 0% | — |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. At this school, around 79% of undergraduates were awarded an average grant or scholarship of $8,045 (among about 127 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 79% | $8,045 |
| Federal Pell grants | 33% | $5,233 |
| Federal student loans | 0% | — |
For students living on campus and receiving title-IV aid, grants averaged $9,483.
The figures below show the average net price — cost after all grant and scholarship aid — broken out by family income.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $6,352 |
| $30,001 – $75,000 | $7,471 |
| Over $75,000 | $6,450 |
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 | $12,117 |
| Off-campus title-IV students | $6,253 |
To project your own net price, use Rabbinical College of Long Island’s net price tool: rabbinicalcollegelongisland.com/?page_id=9.
A handful of calculated indicators summarize the debt outlook at Rabbinical College of Long Island.
References
More about our data sources and methodologies.