Private 4 Year

Rabbinical College of America Tuition & Cost

Morristown, New Jersey

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How much does it cost to attend?

Sticker Price
Costs for Rabbinical College of America
Fee Cost
Books and Supplies$200
Other Fees$0
Room and Board $7,500
Other Expenses Budget$3,800

Annual Prices

The annual tuition to attend Rabbinical College of America is $12,000. The cost is the same for both in-state and out-of-state students. Room and board fees are an additional $7,500. For educational materials, students should allocate approximately $200 for books and supplies plus $0 for other fees charged by the school. Finally, students should budget $3,800 for miscellaneous expenses throughout the year. With all these fees considered, the expected total cost to attend Rabbinical College of America on a full-time basis is $23,500 per annum.

All price data is sourced from the 2021/2022 U.S. Department of Education National Center for Education Statistics survey.

Net Price

The net price provides a more realistic estimate of the true cost of attending Rabbinical College of America, once common grants and scholarships have been taken into account. It's important to note that this net price can fluctuate based on factors such as family income and individual financial need.

Average Net Price 2019/2020
Net Price by Income Rabbinical College of America
Family Income Net Price Paid
$0 to $30,000$12,221
$30,001 to $48,000$12,977
$48,001 to $75,000$15,733
$75,001 to $110,000$13,808

The average reported annual net price for Rabbinical College of America for students receiving grants or scholarship aid was $14,209 in 2019/2020. Net price includes tuition and required fees, books and supplies, and average cost for room and board and other expenses

Financial Aid

96% of full-time undergrad Rabbinical College of America received financial aid in the form of grants, scholarships, fellowships from the institution or from Federal, State or local government agencies. This aid averaged $8,791 per student during the 2019/2020 school year. Grant and scholarship aid does not need to be paid back. 0% of students received Federal Student Loans averaging $0.

Finanical Aid Rabbinical College of America
Type Avg./Student Students Receiving
Total Grant and Scholarship Aid $8,791 96%
Institutional Grants and Scholarships $5,822 78%
Pell Grants $5,669 43%
Other Federal Grants $1,382 63%
State and Local Grants $7,922 7%
Federal Student Loans $0 0%
Other Student Loans $0 0%

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to Rabbinical College of America, we've modeled a ten year student loan with an original principal value of $46,176. The loan balance of $46,176 is a four year multiple of the $11,544 average net price. This is a estimate of what you could owe upon graduation if you were to qualify for average financial aid and what a degree really may cost. Should you not qualify for financial aid, you may owe significantly more when you graduate. Based on these assumptions, a monthly repayment of $490 could be required to satisfy your student loan.

Please note that financial aid is not guaranteed and is only available for qualifying students. Federal Student Loans are not grants and must be repaid with interest. The current Stafford loan interest rate is 4.99%.

Example Loan $46,176
Stafford Loan Interest Rate 4.99%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $489.54
Total Interest Paid $12,569.09
Sum of All Loan Payments $58,745.09

Projected 4 Year Degree Price

4 Year Sticker Price
Year All Residents
1 $23,500
2 $23,881
3 $24,268
4 $24,662

Based on published tuition prices, we estimate the current cost of a 4 year bachelor's degree and living expenses at Rabbinical College of America to be $94,000 - assuming graduation in normal time. The estimation assumes a 1.6% annual increase over the next 4 years which has been the recent trend for this school.

Credit Hour Cost and Price per Class

Credit Hour and Class Costs at Rabbinical College of America
Price Per Credit 3 Credit Class 4 Credit Class
All Residents $340 $1,020 $1,360

Estimated cost for a class at Rabbinical College of America based on published credit hour prices. Note that not all schools allow single class enrollment. These prices should be used for comparison purposes as to how much it may cost to take a class at Rabbinical College of America versus other colleges.

Tuition Payment Plans Available

Rabbinical College of America Payment Plans
Tuition Payment Plan Yes
Prepaid Tuition Plan No
Alternative Tuition Plan Yes
Guaranteed Tuition Plan No

Primary data source, U.S. Department of Education https://nces.ed.gov/collegenavigator/?id=186186 IPEDS survey data for Rabbinical College of America.