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Machzikei Hadath Rabbinical College Tuition and Fees

There is a private university in Brooklyn, NY called Machzikei Hadath Rabbinical College. Taking into account all the courses offered at Machzikei Hadath Rabbinical College, the total enrolment stands at 138. The school has an academic staff of 9 who teach various courses to the students. Speaking of gender distribution, there are around 0% of the students who are females and 100% are males at Machzikei Hadath Rabbinical College. At MHRC, around 86% of the students are 24 and under. MHRC has

$11,300

Tuition

$15,500

Cost of Attendance

$10,818

Net Price

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Machzikei Hadath Rabbinical College Tuition and Fees

Machzikei Hadath Rabbinical College offers undergraduate programs across different fields, providing quality education to students. The expense of education here is very moderate, compared to the tuition fees charged by different colleges. As per the 2020 - 2021 official information, the average cost for the undergraduate courses offered at the college adds up to about $11,500, which includes the total tuition fees and other expenses. The books and supplies cost $200, while the other expenses add up to $3,800.

Total Cost of Attendance

Student type	In-state	Out-State
Tuition & Fees	$11,500	$11,500
Book & Supplies	$200	$200
Room & Board cost	NA	NA
Other Expenses	$3,800	$3,800
Total Cost of Attendance	$15,500	$15,500

Students should understand that the tuition fees charged for their degree programs is not the only expense that is involved in the cost of attending the university. There are several other expenses that are involved in the cost of attending the university, which primarily includes housing, dining, textbooks, supplies, and the cost of living. The total tuition and fees for students attending Machzikei Hadath Rabbinical College come out to be around $11,500 per year. In addition, the students will be needed to pay an average expense of $200 for books and supplies, $14,560 toward room and boarding, and $3,800 for different other expenses in a year. So, the overall cost of attending MHRC comes out to be about $22,780 per year, according to the most recent information available.

Average Net Price by Family Income

Net Price

$10,818

Family Income

Avg. Net Price

$0 to $30,000

$10,854

$30,001 to $48,000

$10,854

$48,001 to $75,000

$10,853

$75,001 to $110,000

$110,000+

The net cost of attending Machzikei Hadath Rabbinical College – the actual amount that students and their families are required to pay in a given year – varies depending on the candidate's annual family income. The net cost to be borne is typically higher for candidates whose family income is comparatively higher. So, it all essentially depends on the family income bracket of the student. At MHRC, the average net price is estimated to be around $17,654. Candidates whose annual family income is less than $30,000 will have to pay a net amount of $6,900. For the individuals whose income is somewhere between $30,001 and $48,000, the amount comes to $6,897. Meanwhile, the net price stands at $6,897 for the $48,001-$75,000 income bracket and at $6,897 for an income between $75,001 and $110,000.

Student Loans

Example Loans

$26,464

Stafford Loan Interest

4.5%

Time to Pay off Student Loan

10 years

Example monthly payment

$275

Total interest paid

$6,493

Sum of Loan Payments

$32,957

To have a realistic understanding of how much it will cost to study at Machzikei Hadath Rabbinical College here is an example one can consider to estimate the payment amounts one will incur with a student loan. Take a loan of $26,464 for example. This will result in a $3,296 payment to be made each year. We can assume that the interest rate is 4.5% post any refinancing or consolidation activities with a 10 years repayment plan. Then the total payment made towards the loan is $32,957 which is $6,493 in addition to the principal amount, which constitutes the interest payment made throughout the life of the loan.

Undergraduate Tuition and Fees

Student type	In-state	Out-State
Tuition & Fees	$11,500	$11,500
Room & Board Cost	N/A	N/A
Total Tuition & Fees	N/A	N/A

At Machzikei Hadath Rabbinical College, the tuition and fees for students who are pursuing undergraduate courses are estimated to be around $11,500 in a year. Moreover, the applicants must also pay an amount of $14,560 towards room and boarding charges. In view of this information, the estimated total cost for undergraduate students at MHRC adds up to $22,780.

Cost Per Credit Hour

Degree	Year	Cost per Credit hour
Graduate	2018 - 2019	N/A
Undergraduate	2018 - 2019	N/A

The cost per credit hour – the total program cost divided by the total number of credit hours of the program – that the student has to pay to attend Machzikei Hadath Rabbinical College varies between graduate and undergraduate degrees. The cost per credit hour for the graduate courses at the college sits at $88. Also, Machzikei Hadath Rabbinical College currently provides online programs only in a single major for students.

Campus Housing Expenses

Housing & other expenses	On Campus	Off Campus
Room & Board	N/A	$14,214
Other Expense	$3,800	$3,800
Book & Supplies	$200	$200

Students at the TTuniversity will get the opportunity to live on the campus if they wish to as the institute offers on-campus housing facilities. However, information concerning the cost for the same is currently unavailable. On the other hand, off-campus housing facilities will cost students $18,360 a year. Moreover, off-campus candidates will have to pay an amount of $14,560 toward room and boarding charges. On the other hand, the charges toward books and supplies come to around $200. Furthermore, the other expenses that the students should plan for come to around $3,800.

Campus Housing Expenses

Housing & Other Expenses

Room & Boards

On Campus

N/A

Off Campus

$14,214

Housing & Other Expenses

Other Expenses

On Campus

$3,800

Off Campus

$3,800

Housing & Other Expenses

Book & Supplies

On Campus

$200

Off Campus

$200

Projected Price for a 4 year degree

As per official data, the current projected cost for a four-year bachelor's degree, along with the living expenses, at the college is estimated to be around $114,104. To note, the total expenses for undergraduate students stood at $17,654 for 2018-2019, $10,818 for 2017-2018, and $11,615 for 2016-2017.

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