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

-7%

Received Percent Changed

-$303

Received Amount Changes

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 81, which is 72.67 % of all undergraduate students.

For full-time, first-time beginning students (freshmen), 59.56% of students received grants or scholarships and 0% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table shows the trends of financial aid for all undergraduate students at Bais Medrash Toras Chesed since 2014.

For that period, the average number of students who received grants aid/scholarships is 81, which is 72.67 % of all undergraduate students.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-1586 (77%)$6,70249 (44%)$4,091--
2015-1677 (68%)$8,23939 (35%)$5,023--
2016-1778 (76%)$4,74840 (39%)$4,604--
2017-1884 (80%)$8,18744 (42%)$5,007--
2018-1979 (75%)$7,62140 (38%)$6,312--
2019-2084 (68%)$6,84535 (28%)$6,870--
2020-2185 (69%)$6,54729 (24%)$6,511--
2021-2283 (71%)$7,86338 (32%)$7,331--
2022-2377 (70%)$6,39935 (32%)$5,165--
Average81 (72.67%)$7,01739 (34.89%)$5,657--
*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.

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

For the last 10 years, on average, 16 (59.56 % of students) received grants or scholarships and its average amount is $6,838. It can cover 84.42% of tuition & fees ($8,100).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-1512 (46%)$6,572--
2015-1617 (61%)$7,835--
2016-1718 (72%)$6,766--
2017-1823 (82%)$9,127--
2018-1912 (50%)$6,284--
2019-2013 (50%)$5,355--
2020-2113 (48%)$6,751--
2021-2217 (57%)$6,635--
2022-2323 (70%)$6,216--
Average16 (59.56%)$6,838--
*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 10 years, on average, 6 (21.44 % of students) received Pell (federal) grants and its average amount is $6,544.

In addition, 2 students received State/local government grants/scholarships (5.50 % of students).

Year Federal (Pell) GrantsOther Federal State/Local governmentInstitutional
Number Received (percent)Average AmountNumber Received (percent)Average Amount Number Received (percent)Average AmountNumber Received (percent)Average Amount
2014-154 (15%)$5,5683 (12%)$610--12 (46%)$4,563
2015-166 (21%)$5,6252 (7%)$329--17 (61%)$5,811
2016-178 (32%)$4,7464 (16%)$349--18 (72%)$4,579
2017-1811 (39%)$4,4022 (7%)$2421 (4%)$5,69622 (79%)$7,060
2018-193 (13%)$9,1431 (4%)$655--11 (46%)$4,303
2019-203 (12%)$9,2933 (12%)$448--11 (42%)$3,672
2020-213 (11%)$8,017--2 (7%)$5,14213 (48%)$4,110
2021-226 (20%)$6,881----17 (57%)$4,207
2022-2310 (30%)$5,2203 (9%)$472--23 (70%)$3,885
Average6 (21.44%)$6,5443 (9.57%)$4442 (5.50%)$5,41916 (57.89%)$4,688
*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.

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