It is interesting to note that, every year, around 63% of students at RCBS receive some kind of financial aid. Notably, a total of 44% of the applicants to Rabbinical College Beth Shraga receive the Federal Grant every year. Meanwhile, 63% of the applicants receive the Student Grant and 56% are awarded the Institution Grant, while 44% of the students get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $6,974, and the same stands at $2,867 for State Grant awardees and $5,232 for Institution Grant recipients. On the other hand, the average aid received by the Pell Grant awardees is $5,095. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. Candidates are also required to repay these loans within a given period.