For the 2022-23 school year, tuition at Bais Medrash Mayan Hatorah rose by 3%, based on the most recent disclosure, according to the latest disclosure from the National Center for Education Statistics.
Students enrolled at the four-year private nonprofit institution paid $12,000 this year, which is $350 higher than the $11,650 charged during the 2021-22 academic year.
Approximately 38% of the undergraduate student body are residents of New Jersey, while about 54% come from other states and 8% are international students.
Data indicates that 62% of full-time undergraduates who began studies at Bais Medrash Mayan Hatorah in 2022-23 received some form of student financial aid. Eight students were awarded grants or scholarships totaling $53,158.
Among all undergraduates, 26 students utilized grants or scholarships amounting to $202,868.
Undergraduate education costs have seen a significant increase over the past few decades. Data shows a 169% rise in the average total cost, including tuition, fees, room, and board, between 1980 and 2020.
According to a 2023 College Board report, in-state students at public universities paid an average of $11,260, while out-of-state students paid $29,150 in the 2023-24 academic year.
Meanwhile, student loan debt has steadily increased over the last 30 years, reaching $1.75 trillion in 2024, averaging a total of $28,950 per borrower. Federal loans make up 92% of the debt, with over half of students at both public and private four-year colleges graduating with student loans.
Available data sometimes exceeds 100% due to rounding and administrative calculations.
The following data includes only full-time students who began an undergraduate program at the Bais Medrash Mayan Hatorah in the 2022-23 school year.
| Type of Aid | Number of students awarded aid | Percent awarded aid | Total amount of aid awarded | Average amount of aid per student |
|---|---|---|---|---|
| Federal grants | 0 | 23% | $0 | $0 |
| State / local grant or scholarship | 0 | 0% | $0 | $0 |
| Institutional grants or scholarships | 5 | 38% | $31,850 | $6,370 |
| Grant or scholarship aid total | 8 | 62% | $53,158 | $6,645 |
| Federal student loans | 0 | 0% | $0 | $0 |
| Other student loans | 0 | 0% | $0 | $0 |
| Student loan aid | 0 | 0% | $0 | $0 |
| Total student aid | 8 | 62% | $53,158 | $6,644 |
Information in this story was obtained from the National Center for Education Statistics. The source data can be found here.
