Bais Medrash Toras Chesed

www.bmtc.edu/

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2021 Undergraduate Tuition

$7,200

2021 Average Net Price

$5,749

After Financial Aid

2019 Student Loan

4.56%

Default Rate

2021 Acceptance Rate

58.8%

68 Applicants

2021 Enrolled Students

117

100% Full-Time

2021 Graduation Rate

39.3%

11 Graduates

About

Bais Medrash Toras Chesed is a higher education institution located in Ocean County, NJ. In 2021, the most popular Bachelors Degree concentrations at Bais Medrash Toras Chesed were Talmudic Studies. (17 degrees awarded).

In 2021, 17 degrees were awarded across all undergraduate and graduate programs at Bais Medrash Toras Chesed. 0% of these degrees were awarded to women, and 100% awarded men. The most common race/ethnicity group of degree recipients was white (15 degrees).

The median undergraduate tuition at Bais Medrash Toras Chesed is $7,200, which is $−7,300 less than the national average for Special Focus Institutions ($14,500).

Special Focus Four-Year: Faith-Related Institutions Special Focus Institutions

Costs

In 2021, the median undergraduate tuition at Bais Medrash Toras Chesed is $7,200, which is $−7,300 less than the national average for Special Focus Institutions ($14,500).

After taking grants and loans into account, the average net price for students is $5,749.

In 2021, 69% of undergraduate students attending Bais Medrash Toras Chesed received financial aid through grants.

Tuition Costs

$7,200

2021 Undergraduate Tuition

In 2021, the cost of tuition at Bais Medrash Toras Chesed was $7,200. The cost of tuition at Bais Medrash Toras Chesed is $−7,300 less than than the overall (public and private) national average for Special Focus Institutions ($14,500).

This chart compares the tuition costs of Bais Medrash Toras Chesed (in red) with those of other similar universities.

Average Net Price

$5,749

2021 Value

14.8%

1 Year Growth

In 2021 Bais Medrash Toras Chesed had an average net price — the price paid after factoring in grants and loans — of $5,749. Between 2020 and 2021, the average net price of Bais Medrash Toras Chesed grew by 14.8%.

This chart compares the average net price of Bais Medrash Toras Chesed (in red) with that of other similar universities.

Average net price is calculated from full-time beginning undergraduate students who were awarded a grant or scholarship from federal, state or local governments, or the institution.

Other Student Expenses

$3,800

Room and Board

$400

Books and Supplies

The average yearly cost of room and board at Bais Medrash Toras Chesed was of $3,800 in 2021. The cost of room and board increased by 2.7% between 2020 and 2021.

During the same period, the average yearly cost of books and supplies was $400. The cost of books and supplies did not change during the same period.

This chart compares the average student costs at Bais Medrash Toras Chesed (in red) with that of similar universities.

Financial Aid by Income Level

69%

Undergraduates Receiving Financial Aid through Grants

69% of undergraduate students at Bais Medrash Toras Chesed received financial aid through grants or loans in 2021. This represents a growth of 1.47% with respect to 2020, when 68% of undergraduate students received financial aid.

This chart compares the average award discount at Bais Medrash Toras Chesed (in red) with that of other similar universities.

The average award discount is the ratio between the average grant or scholarship value, and the cost, which is the sum of out-of-state tuition, room, board, book, supplies, and other expenses.

Student Loan Default Rate

Cohort default rates only account for borrowers who default in the first three years, and some schools only have a small proportion of borrowers entering repayment. These rates should be interpreted with caution, as they may not be reflective of the entire school population.

4.56%

2019 Default Rate

Number of Defaults

In 2019 the default rate for borrower's at Bais Medrash Toras Chesed was 4.56%, which represents 86 out of the 1884 total borrowers.

A cohort default rate is the percentage of a school's borrowers who enter repayment on certain Federal Family Education Loan (FFEL) Program or William D. Ford Federal Direct Loan (Direct Loan) Program loans during a particular federal fiscal year (FY), October 1 to September 30, and default or meet other specified conditions prior to the end of the second following fiscal year.

Admissions

Bais Medrash Toras Chesed received 68 undergraduate applications in 2021, which represents a 44.7% annual growth. Out of those 68 applicants, 40 students were accepted for enrollment, representing a 58.8% acceptance rate.

There were 117 students enrolled at Bais Medrash Toras Chesed in 2021.

Bais Medrash Toras Chesed has an overall enrollment yield of 75%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

58.8%

Acceptance Rate in 2021

Accepted Out of 68

In 2021, the undergraduate acceptance rate of Bais Medrash Toras Chesed was 58.8% (40 admissions from 68 applications). This is lower than the acceptance rate of 2020, which was 70.2%. Between 2020 and 2021, the number of applicants grew by 44.7%, while admissions grew by 21.2%..

This chart compares the acceptance rate of Bais Medrash Toras Chesed (in red) with that of other similar universities, and the chart below shows the acceptance rate by gender.

Enrollment

Bais Medrash Toras Chesed had a total enrollment of 117 students in 2021. The full-time enrollment at Bais Medrash Toras Chesed is 117 students and the part-time enrollment is 0. This means that 100% of students enrolled at Bais Medrash Toras Chesed are enrolled full-time.

The enrolled student population at Bais Medrash Toras Chesed, both undergraduate and graduate, is 100% White.

Students enrolled at Bais Medrash Toras Chesed in full-time Undergraduate programs are most commonly White Male (100%).

Full-Time vs Part-Time Enrollment

100%

Full-Time Enrollment

The total enrollment at Bais Medrash Toras Chesed in 2021, both undergraduate and graduate, is 117 students. The full-time enrollment at Bais Medrash Toras Chesed is 117 and the part-time enrollment is 0. This means that 100% of students enrolled at Bais Medrash Toras Chesed are enrolled full-time compared with 69.7% at similar Special Focus Institutions.

This chart shows the full-time vs part-time enrollment status at Bais Medrash Toras Chesed (in red) compares to similar universities.

Retention Rate over Time

75%

2021 Retention Rate

Retention rate measures the number of first-time students who began their studies the previous fall and returned to school the following fall. The retention rate for full-time undergraduates at Bais Medrash Toras Chesed was 75%. Compared with the full-time retention rate at similar Special Focus Institutions (69%), Bais Medrash Toras Chesed had a retention rate higher than its peers.

This chart shows the retention rate over time at Bais Medrash Toras Chesed (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

White

Most Common Race or Ethnicity (2021)

117 enrolled students

The enrolled student population at Bais Medrash Toras Chesed is 100% White. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Special Focus Institutions is 43.6% White, 18.4% Hispanic or Latino, and 14% Black or African American.

Graduates

In 2021, 17 fewer women than men received degrees from Bais Medrash Toras Chesed. The most common race/ethnicity group of degree recipients at Bais Medrash Toras Chesed is white (15 degrees awarded).

The most common Bachelor's Degree concentration at Bais Medrash Toras Chesed is Talmudic Studies. (17 degrees awarded).

In 2021, the most specialized majors across all degree types at Bais Medrash Toras Chesed, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are PHILOSOPHY AND RELIGIOUS STUDIES. (17 degrees awarded).

Common Jobs by Major

Clergy

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Bais Medrash Toras Chesed are Clergy (29,171 people), Lawyers, & judges, magistrates, & other judicial workers (25,396 people), Postsecondary teachers (18,449 people), Other managers (10,651 people), and Elementary & middle school teachers (9,796 people).

The most specialized majors at Bais Medrash Toras Chesed in 2021 are PHILOSOPHY AND RELIGIOUS STUDIES. (17 degrees awarded) (as of 2021).

Highest Paying Jobs by Major

Surgeons

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Bais Medrash Toras Chesed are Surgeons, Cardiovascular technologists and technicians, Aerospace engineers, Computer and information research scientists, and Securities, commodities, & financial services sales agents

The most specialized majors at Bais Medrash Toras Chesed are PHILOSOPHY AND RELIGIOUS STUDIES. (17 degrees awarded) (as of 2021).

Common Industries by Major

Religious organizations

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Bais Medrash Toras Chesed are Religious organizations (31,507 people), Colleges, universities & professional schools, including junior colleges (31,494 people), Elementary & secondary schools (22,796 people), Legal services (19,193 people), and Computer Systems Design (12,795 people).

The most specialized majors at Bais Medrash Toras Chesed are PHILOSOPHY AND RELIGIOUS STUDIES. (17 degrees awarded) (as of 2021).

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Bais Medrash Toras Chesed.

Talmudic Studies.

Most Common (2021)

17 degrees awarded

In 2021, the most common bachelors degree concentration at Bais Medrash Toras Chesed was Talmudic Studies. with 17 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from bachelors degree programs at Bais Medrash Toras Chesed according to their major.

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2021

Degrees Awarded to Women

in 2021

This chart displays the sex disparity between the top 5 majors at Bais Medrash Toras Chesed by degrees awarded.

Most Common Male Majors

In 2021, 17 degrees were awarded to men at Bais Medrash Toras Chesed in Talmudic Studies.. There were no female recipients with the same degree.

Time to Complete

100% Completion Time

14%

150% Completion Time

In 2021, 0% of students graduating from Bais Medrash Toras Chesed completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 14% completed their degrees within 150% of the normal time, and 14% within 200%.

The following chart shows these completion rates over time compared to the average for the Special Focus Institutions Carnegie Classification group.

Graduation rate is defined as the percentage of full-time, first-time students who received a degree or award within a specific percentage of "normal time" to completion for their program.

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.

White Male

Highest Graduation Rate (39.3%)

The student demographic with the highest graduation rate in 2021 at Bais Medrash Toras Chesed is Male and White (39.3% graduation rate). Across all Special Focus Institutions, Asian Female students have the highest graduation rate (72.9%).

The department of education defines graduation rate as the percentage of full-time, first-time students who received a degree or award within 150% of "normal time" to completion.

Race & Ethnicity by Share

White

Most Common Student Race or Ethnicity (2021)

15 degrees awarded

The most common race/ethnicity at Bais Medrash Toras Chesed is white (15 degrees awarded).

0% of degree recipients (0 students) did not report their race.

Race & Ethnicity by Sex

White Male

Most Common Sex Demographic (2021)

15 degrees awarded

The most common race/ethnicity and sex grouping at Bais Medrash Toras Chesed is white male (15 degrees awarded).

Operations

Bais Medrash Toras Chesed employs 2 Professors, 2 Associate professors. Most academics at Bais Medrash Toras Chesed are Male Professor (2), Male Associate professor (2), and Female Professor (0).

The most common positions for non-instructional staff at Bais Medrash Toras Chesed are: Management, with 1 employees, Sales and related, with 1 employees, and Service with 1 employees.

Salary Expenditure

$418k

2021 Salaries

6.59%

growth from 2020

In 2021, Bais Medrash Toras Chesed paid a median of $418k in salaries, a 6.59% growth from the previous year.

The median for similar Special Focus Institutions is 3.06M (42.8% of overall expenditures).

Instructional Salaries

$190k

Instructional Salaries

Number of Employees

In 2021, Bais Medrash Toras Chesed paid a total of $190k to 4 employees working as instructors, which represents 45.4% of all salaries paid.

This is compared to a median of $871k (28.4%) for similar Special Focus Institutions.

Occupations by Share

Professor

Most Common Instructor

2 Employees

Management

Most Common Non-Instructional Employee

1 Employees

In 2021, the most common positions for instructional staff at Bais Medrash Toras Chesed were Professor with 2 employees, and Associate professor with 2 employees.

In 2021, the most common positions for non-instructional staff at Bais Medrash Toras Chesed were Management with 1 employees, Sales and related with 1 employees, and Service with 1 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2021)

Male Professor
Male Associate professor
Female Professor

In 2021, the most common demographic for instructional staff at Bais Medrash Toras Chesed was Male Professor with 2 employees, Male Associate professor with 2 employees, and Female Professor with 0 employees.

This chart shows the sex split between each academic rank present at Bais Medrash Toras Chesed.