Financial Aid
The financial aid programs at Hebrew Theological College are designed to assist students who may be financially unable to meet the expenses of attending college. Financial aid is available in the forms of grants, scholarships, student loans and college work-study. Grants and scholarships do not have to be repaid. Student loans normally carry low-interest rates with repayment beginning six months after the completion of studies or when the student is not enrolled at least half time. Please see below for more information.
Financial Aid Options
All students should apply for governmental financial aid programs as the first step in requesting financial aid consideration from Hebrew Theological College by completing the Free Application for Federal Student Aid (FAFSA) available on the studentaid.gov website.
Federal Pell Grant
To receive a Pell Grant, a student must be an undergraduate, not have a prior baccalaureate degree, and demonstrate financial need as determined by the U.S. Department of Education.
The maximum Pell Grant available:
- Fall 2024 semester is $6,895
Federal FSEOG Grant
A limited number of FSEOG grants may be available to PELL Grant recipients who demonstrate the greatest financial need. The maximum award is $500 per semester.
Illinois Monetary Award Program (MAP)
Only Illinois residents without prior baccalaureate degree are eligible. A student must take a minimum of 3 credits and demonstrate financial need, as determined by the Illinois Student Assistance Commission. Parents of dependent students must be residents of Illinois. Independent students must presently live in Illinois and must have lived in Illinois for the 12 continuous months prior to September 1 of the school year for which the student is applying for aid.
The maximum MAP Grant available:
- Fall 2024 semester is $4,200
Hebrew Theological College Work-Study (HTCWS)
Hebrew Theological College may offer a limited number of work-study jobs to allow the student to earn money to apply toward tuition and living expenses. The student must be attending school at least half-time. These job opportunities are based on financial need.
Verification Worksheets
If you have been selected for verification you will be contacted by the Financial Aid Office.
Extenuating Circumstances
If you have extenuating circumstances, please contact the Financial Aid office. You will be advised how to proceed.
Federal Loan Programs
There are several loan programs available to students. Some have the interest accrue while the student is in school. Some do not accrue any interest while the student is enrolled at least half-time. The loans have varying interest rates, origination fees, eligibility requirements and regulations for repayment. Loans available at Hebrew Theological College include the Direct Loan (Subsidized and Unsubsidized) and Parent PLUS Loan. Students should check with the financial aid office to determine their eligibility for the various loans. For more information and to complete the Master Promissory Note (MPN) and entrance counseling (if required) please visit www.studentaid.gov.
Sample Loan Repayment Schedules
Waiver to Speak to Third Party Regarding Financial Aid
The Family Educational Rights and Privacy Act (FERPA) of 1974 establishes the rights of students with regard to educational records. The act makes provision for inspection and review of educational records by students and requires, in most instances, prior consent from the student for disclosure of such records to third parties. The consent must be in writing, signed and dated by the student, and include the names of the parties to whom such records can be released. The Act applies to all persons formerly and currently enrolled at an educational institution. Access to educational records -not copies- does not give permission to make changes to the student’s record.
Download the FERPA records release waiver
Supplemental Scholarship Forms
Only applicable to students on campus at HTC's Beis Midrash and Blitstein Institute. All students that are submitting a discretionary grant application must have already submitted a FAFSA in order to be considered. Please note: HTC does not offer additional scholarships for the Israel Experience Program. For additional scholarships, please speak with the Israeli Yeshiva or Seminary that you are attending.
Application for Scholarship Assistance (Dependent)
Yeshiva Honors Program
Students admitted into the Yeshiva Honors Program will receive a very generous academic scholarship for the Fall and Spring semesters.
Contact
For questions, please contact Ira Clair in the financial aid office at (847) 982-2500 ext. 1140 or email clair@htc.edu.