by our College Data Analytics TeamMost students are not billed the complete price tag of a school. Rather, they are presented a financial aid deal that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The total cost of going to Talmudical Academy-New Jersey can seem overwhelming, but bear in mind that many students are given some form of financial aid.
Just what financial assistance solutions will Talmudical Academy - New Jersey provide, and just what are you going to be eligible for? Read on for answers. Keep going to see just how much financial aid could be open to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. Continue reading to find information to help you understand just how much assistance you can expect to receive from Talmudical Academy-New Jersey.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
For freshmen starting at Talmudical Academy-New Jersey, 80% of the incoming full-time class was awarded financial aid around 8 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 80% | $14,576 |
| Institutional grants & scholarships | 50% | $11,960 |
| Federal Pell grants | 30% | $7,145 |
| State/local grants | 30% | $11,634 |
| Federal student loans | 0% | — |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. At Talmudical Academy - New Jersey, approximately 92% of undergraduates were awarded an average grant or scholarship of $13,181 (covering around 72 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 92% | $13,181 |
| Federal Pell grants | 51% | $5,743 |
| Federal student loans | 0% | — |
On-campus students receiving title-IV aid were awarded grants averaging $18,936.
Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $6,843 |
| $30,001 – $75,000 | $6,805 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
The net price strips out grant and scholarship aid from the sticker price to show roughly what families really pay.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $6,164 |
| Off-campus title-IV students | $6,666 |
For an estimate tailored to your family circumstances, see Talmudical Academy - New Jersey’s net price tool: talmudicalacademynj.com/?page_id=12.
The figure below distills the debt data into a single burden category for Talmudical Academy - New Jersey.
References
More about our data sources and methodologies.