by our College Data Analytics TeamMost students won’t pay the advertised price of a school. Instead, they will be provided with a financial aid plan that includes a mix of scholarships, grants, loans, and work-study. But some kinds of aid are more desirable than others, and some students will get more than others.
The amount of financial assistance and scholarships or grants you can get varies based on your circumstances. Keep reading to learn more to help you to know just how much aid and scholarships to expect from Talmudical Institute of Upstate New York.
Financial Aid for First Years Students Not Known
A financial aid package includes loans, grants, and scholarships. However, student loans have to be paid back, so they aren’t a true discount.
Concerned about the student loans that might be part of your financing deal? Look at the average amount of debt per student at Talmudical Institute of Upstate New York.
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 stats below refer to aid that is provided by Talmudical Institute of Upstate New York.
67% of new students (2 total) were given scholarships at Talmudical Institute of Upstate New York, averaging $10,550.00 per student. This puts it the top 25th percentile among colleges and universities nationwide.
As well as scholarships, 100% of freshmen (3 total) obtained a federal grant, for about $2,565.00 a piece.
Amount of Financial Assistance Per Income Level
The next table displays grant and scholarship distributions by family income for freshman students getting any kind of federally-funded Title IV aid, such as Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 33.33% | $11,360.00 |
| Income 30k-48k | 0.00% | $0.00 |
| Income 48k-75k | 0.00% | $0.00 |
| Income 75k-110k | 0.00% | $0.00 |
| Income 110k + | 0.00% | $0.00 |
The table above shows undergrads who are getting Title IV aid, which is federal assistance from the government in the form of grants, loans, and work-study. Learn more here.
Of the 3 undergraduate students at Talmudical Institute of Upstate New York around 100% (3 total) receive some form of grant aid. The typical amount awarded was $11,320.00.
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.