by our College Data Analytics TeamThe majority of college students don’t pay the full price for their education, as financial aid packages, including scholarships, grants, loans, and work-study opportunities, help to offset the costs.
What amount of Yeshiva of Far Rockaway Derech Ayson Rabbinical Seminary financial assistance will actually be available to you?Get answers to your questions here.
Unable to Report on First Year Student Financial Aid
Loans are a part of financial aid plans, but the only true college discount is a scholarship or grant that you don’t have to repay.
A student loan isn’t a genuine college price reduction, but rather an additional cost consideration. Discover how much student loan debt from Yeshiva of Far Rockaway Derech Ayson Rabbinical Seminary you could end up dealing with.
Financial awards given by a college or university to its students, known as institutional scholarships and grants, help to offset the cost of tuition and other education-related expenses. These awards fall into two categories: merit-based and need-based, and they do not need to be paid back. Merit-based institutional scholarships are granted to students who have shown outstanding academic accomplishments, special talents, or abilities in a particular field. Factors such as high school performance, standardized test results, or involvement in extracurricular activities often contribute to these scholarship decisions. Conversely, need-based institutional grants cater to students who demonstrate financial need. The awarded amount is typically based on the student’s family’s financial standing and is intended to cover the difference between the cost of attendance and the family’s ability to contribute. Colleges and universities might use data from the Free Application for Federal Student Aid (FAFSA) or other financial aid forms to determine a student’s eligibility for need-based grants. Institutional scholarships and grants are a vital source of financial support for students, as they can significantly reduce the cost of attending college and help make higher education more accessible.
The following numbers pertain to assistance that is supplied by Yeshiva of Far Rockaway Derech Ayson Rabbinical Seminary.
55% of incoming freshmen (6 total) were given scholarships at Yeshiva of Far Rockaway Derech Ayson Rabbinical Seminary, averaging $2,953.00 per student. This puts it in the top 50th percentile among colleges and universities nationwide.
In addition to scholarships, 100% of first-year students (11 total) got federal grant aid, averaging $3,278.00 per person.
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 | 0.00% | $0.00 |
| Income 30k-48k | 9.09% | $9,800.00 |
| Income 48k-75k | 9.09% | $11,675.00 |
| Income 75k-110k | 9.09% | $7,171.00 |
| Income 110k + | 0.00% | $0.00 |
The table above displays undergrads who are getting Title IV aid, federal aid from the government including loans, grants or work-study. Learn more here.
100% of the 11 undergraduates at Yeshiva of Far Rockaway Derech Ayson Rabbinical Seminary receive some sort of grant aid. This is a total of about 11 students getting an average of $5,483.00 per person.
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.
