A lot of students will never be charged 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 total cost of going to Yeshiva Derech Chaim can seem overwhelming, but bear in mind that many students are given some form of financial aid.
Just what financing solutions does Yeshiva Derech Chaim provide, and just what are you going to be eligible for? Keep scrolling for answers. Scroll down to see how much school funding could be available to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. The figures below will help you estimate the aid you might receive from Yeshiva Derech Chaim.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
Among first-time, full-time freshmen at Yeshiva Derech Chaim, 88% of entering full-time freshmen got some type of financial assistance some 21 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 88% | $10,710 |
| Institutional grants & scholarships | 88% | $7,495 |
| Federal Pell grants | 42% | $6,069 |
| State/local grants | 4% | $3,419 |
| Federal student loans | 0% | — |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. At this school, around 92% of undergraduate students received gift aid averaging $11,193 (across roughly 110 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 92% | $11,193 |
| Federal Pell grants | 41% | $5,440 |
| Federal student loans | 0% | — |
On-campus students receiving title-IV aid were awarded grants averaging $12,128.
How much a family pays depends heavily on income, because most aid is awarded on the basis of financial need.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $6,904 |
| $30,001 – $75,000 | $8,446 |
| Over $75,000 | $12,971 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
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 | $12,072 |
| Off-campus title-IV students | $9,757 |
For a personalized estimate based on your family’s financial situation, use Yeshiva Derech Chaim’s NPC: sites.google.com/site/yeshivaderechchaim/.
These indicators are derived from the underlying debt data and summarize the overall picture at Yeshiva Derech Chaim.
References
More about our data sources and methodologies.