$5,131

Avg. Federal Grant

N/A

Avg. Federal Loan

$880,931

Total Aid Awarded

Rabbinical College of Long Island Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

96%

Total Aid Amount Average Total Aid Awarded per year.

$880.931K

Financial Aid Official Website

https://rabbinicalcollegelongisland.com

It is interesting to note that almost every student at RCLI receives some kind of financial aid. Notably, a total of 43% of the applicants to Rabbinical College of Long Island receive the Federal Grant every year. In comparison, 100% of the students are awarded the Student Grant, 91% get the Institution Grant, and 43% of the applicants receive the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $5,767, and the same stands at $1,883 for State Grant awardees and $4,560 for Institution Grant recipients. On the other hand, the average aid received by the Pell Grant awardees is $5,183. Among other things, the annual family income of the applicant plays a major role in determining the total financial aid they are actually eligible to receive. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Candidates are also required to repay these loans within a given period.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

46%

State Grant Aid

15%

Institution Grant Aid

90%

Pell Grant

46%

Average Aid Awarded

Federal Grant Aid

$5,131

State Grant Aid

$1,699

Institution Grant Aid

$4,447

Pell Grant

$4,889

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$7,702

$30,001 - $48,000

$9,099

$48,001 - $75,000

$7,597

$75,001 - $110,000

$7,096

Over $110,000

N/A

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