by our College Data Analytics TeamMany students attending Mesivta Torah Vodaath Rabbinical Seminary can expect to receive financial assistance in various forms, such as scholarships, grants, loans, and work-study programs, making the cost of attendance more manageable.
Interested in understanding the financial aid resources available at Mesivta Torah Vodaath Rabbinical Seminary and your eligibility? Find the answers you seek below.
Financial Aid for First Years Students Not Known
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.
A loan is not a legitimate college discount, but rather an outcome to consider. See how much student loan debt from Mesivta Torah Vodaath Rabbinical Seminary you may end up taking on.
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 Mesivta Torah Vodaath Rabbinical Seminary.
92% of incoming freshmen (12 total) were awarded scholarships at Mesivta Torah Vodaath Rabbinical Seminary, averaging $5,932.00 a piece. This puts it in the top 50th percentile among colleges and universities nationwide.
As well as scholarships, 38% of freshmen (5 total) received a federal grant, for about $10,458.00 a person.
The next table demonstrates grant and scholarship distributions by income level for freshmen getting any form of federally-funded Title IV aid, which includes Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 0.00% | $0.00 |
| Income 30k-48k | 15.38% | $16,910.00 |
| Income 48k-75k | 7.69% | $10,053.00 |
| Income 75k-110k | 15.38% | $13,510.00 |
| 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 13 undergraduates at Mesivta Torah Vodaath Rabbinical Seminary receive some sort of grant aid. This is a total of about 13 students getting an average of $10,367.00 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.