by our College Data Analytics TeamA lot of students will not be asked to pay the full, advertised sticker price of a school. Instead, they will be given a financial aid offer that will include a combination of scholarships, grants, loans, and work-study. The total cost of going to Yeshiva of Ocean can seem overwhelming, but bear in mind that many students are given some form of financial aid.
What financial assistance options will Yeshiva of Ocean offer, and what will you qualify for? Read on for more information. Keep reading to learn just how much financial aid will be open to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. The figures below will help you estimate the aid you might receive from Yeshiva of Ocean.
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.
At Yeshiva of Ocean, 82% of first-year full-time students received aid of some kind around 14 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 82% | $6,538 |
| Institutional grants & scholarships | 65% | $4,223 |
| Federal Pell grants | 35% | $7,387 |
| State/local grants | 0% | — |
| Federal student loans | 0% | — |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. Here, about 86% of undergrads got grants or scholarships worth on average $6,856 (for some 49 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 86% | $6,856 |
| Federal Pell grants | 54% | $6,785 |
| Federal student loans | 0% | — |
For on-campus title-IV students, average grant aid came to $8,217.
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 | $7,784 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
After grants and scholarships come off the published price, what remains is the net price — the best estimate of true out-of-pocket cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $9,083 |
| Off-campus title-IV students | $7,784 |
For a customized cost estimate, visit Yeshiva of Ocean’s online cost calculator: yeshivaofocean.com/links/.
The figure below distills the debt data into a single burden category for Yeshiva of Ocean.
References
More about our data sources and methodologies.