Rabbinical College Ohr Yisroel Financial Aid and Scholarships
Students Receiving Aid
50%
Total Aid Amount
$575.994K
Financial Aid Official Website
N/A
Notably, around 91% of the students at Rabbinical College Ohr Yisroel receive some kind of financial aid every year, official data shows. The total percentage of candidates applying to Rabbinical College Ohr Yisroel who receive the Federal Grant is 91%. In comparison, 91% of the students get the Student Grant, and 91% of the applicants receive the Pell Grant. On the other hand, the average aid received by the Pell Grant awardees is $6,046. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. On average, students with an annual family income of less than $30,000 will obtain a federal aid of $11,125 per year. For the $30,001-$48,000 and $48,001-$75,000 family income brackets, the average aid amount stands at $10,500 and $5,637, respectively. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. However, student loans attract a certain rate of interest at which the funds are borrowed. Moreover, the funds received through these loans will have to be repaid within a given timeframe.
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