by our College Data Analytics TeamMost college students will not be charged the full price tag of a school. Instead, they will be offered a financial aid package that includes a combination of loans, grants, scholarships and possibly work-study opportunities.
Interested in understanding the financial aid resources available at Congregation Talmidei Mesivta Tiferes Shmiel Aleksander and your eligibility? Find the answers you seek below.
Financial Aid Information Unavailable for First-Year Students
Student loans come included in financial aid packages, however, the only true discount off of the price of college is a grant or scholarship that you do not need to pay back.
Concerned about the loans that may be included in your financial aid package? See the average amount of debt per student at Congregation Talmidei Mesivta Tiferes Shmiel Aleksander.
Institutional scholarships and grants are financial aid awards given by colleges and universities to help students manage tuition costs and other education-related expenses. These awards, which do not need to be repaid, can be classified as merit-based or need-based. Students who excel academically, possess unique talents, or have specific skills can be eligible for merit-based institutional scholarships. Factors such as high school performance, standardized test scores, or participation in extracurricular activities often contribute to eligibility for these scholarships. Need-based institutional grants, on the other hand, are awarded to students who demonstrate financial need. The amount given is generally based on the student’s family’s financial situation, aiming to cover the gap between the cost of attendance and the family’s capacity to pay. To assess a student’s eligibility for need-based grants, colleges and universities may rely on information from the Free Application for Federal Student Aid (FAFSA) or other financial aid forms. Institutional scholarships and grants are essential for students, as they can substantially lower college expenses and make higher education more affordable.
The numbers listed below make reference to help that is offered by Congregation Talmidei Mesivta Tiferes Shmiel Aleksander.
100% of new students (53 total) were given scholarships at Congregation Talmidei Mesivta Tiferes Shmiel Aleksander, averaging $6,996.00 per student. This puts it in the top 50th percentile among colleges and universities nationwide.
In addition to scholarships, 45% of first-year students (24 total) got federal grant aid, averaging $11,313.00 per person.
The next table shows grant and scholarship distributions by income for first-year students getting any form of federally-funded Title IV aid, including Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 30.19% | $15,686.00 |
| Income 30k-48k | 11.32% | $14,349.00 |
| Income 48k-75k | 3.77% | $13,098.00 |
| Income 75k-110k | 0.00% | $0.00 |
| Income 110k + | 0.00% | $0.00 |
The table above displays students who are getting Title IV aid, federal aid from the government including loans, grants or work-study. Get more info on Title IV here.
53 Congregation Talmidei Mesivta Tiferes Shmiel Aleksander undergrads obtain grant aid (this is about 100% of the entire undergraduate student population). The average amount these students receive is $13,431.00.
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.