M
Private 4 Year

Machzikei Hadath Rabbinical College Tuition & Cost

Brooklyn, New York

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How much does it cost to attend?

Sticker Price
$30,060
Costs for Machzikei Hadath Rabbinical College
Fee Cost
Tuition$11,500
Books and Supplies$200
Other Fees$0
Estimated Off Campus Cost of Living $14,560
Other Expenses Budget$3,800

Annual Prices

The annual list price to attend Machzikei Hadath Rabbinical College on a full time basis for 2018/2019 is $30,060 for all students regardless of their residency. This fee is comprised of $11,500 for tuition, $14,560 room and board, $200 for books and supplies and $0 for other fees. Out of state tuition for Machzikei Hadath Rabbinical College is $11,500, the same as New York residents.

All price data is sourced from the 2019/2020 U.S. Department of Education National Center for Education Statistics survey.
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Net Price

Net price is indicative of what it actually costs to attend Machzikei Hadath Rabbinical College when typical grants and scholarships are considered. The net price varies by family income and financial need.

Average Net Price 2018/2019
$17,654
Net Price by Income Machzikei Hadath Rabbinical College
Family Income Net Price Paid
$0 to $30,000$6,900
$30,001 to $48,000$6,897
$48,001 to $75,000$6,897
$75,001 to $110,000$6,897
$110,000+n/a

The average reported annual net price for Machzikei Hadath Rabbinical College for students receiving grants or scholarship aid was $17,654 in 2018/2019. Net price includes tuition and required fees, books and supplies, and average cost for room and board and other expenses

Costs for Similar Colleges

Financial Aid

100% of full-time undergrad Machzikei Hadath Rabbinical College received financial aid in the form of grants, scholarships, fellowships from the institution or from Federal, State or local government agencies. This aid averaged $10,614 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 Machzikei Hadath Rabbinical College
Type Avg./Student Students Receiving
Total Grant and Scholarship Aid $10,614 100%
Institutional Grants and Scholarships $2,433 100%
Pell Grants $6,095 78%
Other Federal Grants $0 0%
State and Local Grants $4,644 74%
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 Machzikei Hadath Rabbinical College, we've modeled a ten year student loan with an original principal value of $26,464. The loan balance of $26,464 is a four year multiple of the $6,616 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 $252 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 2.75%.

Example Loan $26,464
Stafford Loan Interest Rate 2.75%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $252.50
Total Interest Paid $3,835.49
Sum of All Loan Payments $30,299.49

Projected 4 Year Degree Price

4 Year Sticker Price
$120,240
Year All Residents
1 $30,060
2 $30,826
3 $31,612
4 $32,418

Based on published tuition prices, we estimate the current cost of a 4 year bachelor's degree and living expenses at Machzikei Hadath Rabbinical College to be $120,240 - assuming graduation in normal time. The estimation assumes a 2.5% annual increase over the next 4 years which has been the recent trend for this school.

Tuition Payment Plans Available

Machzikei Hadath Rabbinical College 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=192624 IPEDS survey data for Machzikei Hadath Rabbinical College.