How Bais Medrash Toras Chesed's Financial Aid Changes

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Bais Medrash Toras Chesed since 2011.

For that period, the average number of students who received grants aid/scholarships is 81, which is 71.36 % of all undergraduate students.

Year	Grant or Scholarship^*		Pell Grants		Federal Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2011-12	70 (67%)	$8,146	44 (42%)	$4,759	-	-
2012-13	81 (64%)	$8,231	54 (43%)	$4,602	-	-
2013-14	83 (70%)	$8,464	49 (42%)	$4,983	-	-
2014-15	86 (77%)	$6,702	49 (44%)	$4,091	-	-
2015-16	77 (68%)	$8,239	39 (35%)	$5,023	-	-
2016-17	78 (76%)	$4,748	40 (39%)	$4,604	-	-
2017-18	84 (80%)	$8,187	44 (42%)	$5,007	-	-
2018-19	79 (75%)	$7,621	40 (38%)	$6,312	-	-
2019-20	84 (68%)	$6,845	35 (28%)	$6,870	-	-
2020-21	85 (69%)	$6,547	29 (24%)	$6,511	-	-
2021-22	83 (71%)	$7,863	38 (32%)	$7,331	-	-
Average	81 (71.36%)	$7,418	42 (37.18%)	$5,463	-	-

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

For the last 12 years, on average, 16 (59.27 % of students) received grants or scholarships and its average amount is $7,108. It can cover 87.76% of tuition & fees ($8,100).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2011-12	15 (54%)	$6,670	-	-
2012-13	18 (64%)	$8,627	-	-
2013-14	19 (68%)	$7,571	-	-
2014-15	12 (46%)	$6,572	-	-
2015-16	17 (61%)	$7,835	-	-
2016-17	18 (72%)	$6,766	-	-
2017-18	23 (82%)	$9,127	-	-
2018-19	12 (50%)	$6,284	-	-
2019-20	13 (50%)	$5,355	-	-
2020-21	13 (48%)	$6,751	-	-
2021-22	17 (57%)	$6,635	-	-
Average	16 (59.27%)	$7,108	-	-

^*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.

^**percentage of number of students receiving aids among all undergraduate students.

The following table shows the trends of grants or scholarships over time. For the last 12 years, on average, 6 (22.91 % of students) received Pell (federal) grants and its average amount is $6,227.

In addition, 1 students received State/local government grants/scholarships (5.00 % of students).

Year	Federal (Pell) Grants		Other Federal		State/Local government		Institutional
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2011-12	6 (21%)	$5,225	2 (7%)	$300	-	-	14 (50%)	$4,864
2012-13	11 (39%)	$4,814	4 (14%)	$325	-	-	18 (64%)	$5,613
2013-14	8 (29%)	$4,783	1 (4%)	$520	1 (4%)	$7,816	17 (61%)	$5,721
2014-15	4 (15%)	$5,568	3 (12%)	$610	-	-	12 (46%)	$4,563
2015-16	6 (21%)	$5,625	2 (7%)	$329	-	-	17 (61%)	$5,811
2016-17	8 (32%)	$4,746	4 (16%)	$349	-	-	18 (72%)	$4,579
2017-18	11 (39%)	$4,402	2 (7%)	$242	1 (4%)	$5,696	22 (79%)	$7,060
2018-19	3 (13%)	$9,143	1 (4%)	$655	-	-	11 (46%)	$4,303
2019-20	3 (12%)	$9,293	3 (12%)	$448	-	-	11 (42%)	$3,672
2020-21	3 (11%)	$8,017	-	-	2 (7%)	$5,142	13 (48%)	$4,110
2021-22	6 (20%)	$6,881	-	-	-	-	17 (57%)	$4,207
Average	6 (22.91%)	$6,227	2 (9.22%)	$420	1 (5.00%)	$6,218	15 (56.91%)	$4,955

^*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.

^**percentage of number of students receiving aids among all undergraduate students..

Scholarships, Grants, and Loan Trends at Bais Medrash Toras Chesed

All Undergraduate Students Financial Aid Over Time

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

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