Bais Medrash Toras Chesed

Private, Four-years School Located in Lakewood, NJ

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How much is the Bais Medrash Toras Chesed tuition? For the academic year 2023-2024, Bais Medrash Toras Chesed's tuition & fees is $8,100.
With indirect costs not billed by school, such as room & boards and personal living expenses, the total cost of attendance for one academic year is $14,000 when a student lives on-campus.

Bais Medrash Toras Chesed Tuition & Expenses

2022-2023 Rate
Tuition & Fees$8,100
Books & Supplies Costs$400
On-campus Room & Board$4,400
On-campus Expenses$1,100
2023-2024 Estimates
Tuition & Fees$9,113

How Much Does it Cost to Go to Bais Medrash Toras Chesed for 4 Years?

For the class of 2027, who entering colleges in 2023, the 4 years tuition & fees is $35,638 at Bais Medrash Toras Chesed. The estimated tuition rate is based on the changes over last 5 years. With room & board, books, and other personal expenses, the estimated 4 years costs of attendance is $65,249. After receiving financial aid including grants, scholarships, and/or student loans, the 4 years COA is down to $30,654.
The following table computes the 4 years tuition and COA by class of year.
College YearTuition & FeesCOAAfter Financial Aid
Freshmen (2023-24)$8,412$14,585$6,420
Sophomore (2024-25)$8,735$15,664$7,185
Junior (2025-26)$9,071$16,849$8,043
Senior (2026-27)$9,420$18,150$9,006
4 Years Total$35,638$65,249$30,654
College YearTuition & FeesCOAAfter Financial Aid
Freshmen (2024-25)$8,735$15,664$7,185
Sophomore (2025-26)$9,071$16,849$8,043
Junior (2026-27)$9,420$18,150$9,006
Senior (2027-28)$9,782$19,582$10,086
4 Years Total$37,008$70,245$34,320
College YearTuition & FeesCOAAfter Financial Aid
Freshmen (2025-26)$9,071$16,849$8,043
Sophomore (2026-27)$9,420$18,150$9,006
Junior (2027-28)$9,782$19,582$10,086
Senior (2028-29)$10,158$21,158$11,296
4 Years Total$38,432$75,738$38,431
College YearTuition & FeesCOAAfter Financial Aid
Freshmen (2026-27)$9,420$18,150$9,006
Sophomore (2027-28)$9,782$19,582$10,086
Junior (2028-29)$10,158$21,158$11,296
Senior (2029-30)$10,549$22,895$12,655
4 Years Total$39,910$81,785$43,043
College YearTuition & FeesCOAAfter Financial Aid
Freshmen (2027-28)$9,782$19,582$10,086
Sophomore (2028-29)$10,158$21,158$11,296
Junior (2029-30)$10,549$22,895$12,655
Senior (2030-31)$10,955$24,813$14,178
4 Years Total$41,445$88,447$48,215

Average Tuition By School Type and Comparison

Compared to four-years schools nationwide, Bais Medrash Toras Chesed' tuition is much lower than the average tuition of $20,937. Compared to private, four-years colleges in New Jersey, its tuition is much lower than the average tuition of $20,066.
In-StateOut-of-State
Bais Medrash Toras Chesed$8,100
U.S. Four-years Colleges$18,672
Public Schools$7,199$12,960
Private Schools$20,937
New Jersey Four-years Colleges$18,855
Public Schools$10,270$14,599
Private Schools$20,066

Compare Similar School's Tuition

The next table compares the tuition & fees between Bais Medrash Toras Chesed and similar schools. The similar colleges are selected by school type & level (private, four-years), ranking, and comparison frequency by our users. The comparison is based on 2022-2023 tuition rate.
LocationTuition & Fees
Bais Medrash Toras ChesedLakewood, NJ$8,100
Beth Medrash GovohaLakewood, NJ$25,780
New Brunswick Theological SeminaryNew Brunswick, NJ$16,800
Princeton Theological SeminaryPrinceton, NJ$20,250
Rabbinical College of AmericaMorristown, NJ$13,000
Talmudical Academy-New JerseyAdelphia, NJ$15,800
Rabbi Jacob Joseph SchoolEdison, NJ$12,700
Yeshivas Be'er YitzchokElizabeth, NJ$11,450
Yeshiva Toras ChaimLakewood, NJ$12,750
Keser Torah-Mayan HatalmudLakewood, NJ$11,060
Yeshiva Gedolah Zichron LeymaUnion, NJ$11,350

Financial Aid and COA

At Bais Medrash Toras Chesed, 83 students (71%) received grant or scholarship from the federal government, state or local government, the institution, and other sources. The average amount of grant/scholarship received is $7,863.
After receiving financial aid, the cost of attendance (COA) at Bais Medrash Toras Chesed is $6,137 for students living on-campus.
For beginning students (i.e. first-time freshmen), 17 students received any type of financial aid including grants/scholarship and student loans. The average amount of grant/scholarship for the first-time students is $6,635.
The financial aid data is based on 2021-2022 statistics from IPEDS.
COA (on-campus)$14,000
Tuition & Fees$8,100
Indirect Costs (on-campus)$5,900
COA (on-campus) after Receiving Aid$6,137
Average Financial Aid$7,863
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Grant or Scholarship8371%$7,863
Pell Grants3832%$7,331
Federal Student Loan00%-
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Financial Aid1757%-
Grants or Scholarships1757%$6,635
Federal Grants620%$6,881
Pell Grants620%$6,881
Other Federal Grants0--
State/Local Grants0--
Institutional Grants1757%$4,207
Student Loan Aid0--
Federal Student Loans0--
Other Student Loans0--

Admission Stats and Requirements to Apply

Bais Medrash Toras Chesed's acceptance rate is 58.82%. A total of 68 applicants applied to and 40 students were accepted. Of the admitted students, 30 enrolled finally, and the yield (i.e. enrollment rate) is 75.00%.
To apply to Bais Medrash Toras Chesed, 2 items are required - Recommendations and Formal demonstration of competencies and 1 items are recommended to submit - Secondary school record.
TotalMenWomen
Applicants6868-
Admitted4040-
Enrolled3030-
Acceptance Rate58.82%58.82%-
Yield (Enrollment Rate)75.00%75.00%-
Secondary school GPANeither Required Nor Recommended
Secondary school rankNeither Required Nor Recommended
Secondary school recordRecommended
Completion of college-preparatory programNeither Required Nor Recommended
RecommendationsRequired
Formal demonstration of competenciesRequired
Admission test scoresNeither Required Nor Recommended
TOEFL (Test of English as a Foreign Language)Neither Required Nor Recommended
Other Test (Wonderlic, WISC-III, etc.)Neither Required Nor Recommended

Student Population

Bais Medrash Toras Chesed has a total of 110 students (all undergraduate). All students are male.
TotalMaleFemale
Undergraduate117 1170

Directory & Academic Information

Directory Information
Address901 Monmouth Ave, Lakewood, NJ
Phone732-364-1220
WEBwww.bmtc.edu
Degree & Programs
DegreeUndergraduate
Program Offered1 Programs
Academic Stats
Acceptance Rate70.51%
Yield60.00%
Student Population110
Graduation Rate44%
Transfer-out Rate36%
Retention Rate93%
Students to Faculty Ratio Rate12 to 1
Faculty & Staffs
Number of Faculties2 (Full-time), 13 (Part-time)
Number of Staffs5 (Full-time), 15 (Part-time)
Average Faculty Salary$42,742
Average Staff Salary$46,562