BMG Increases Kollel Checks for Yungeleit

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In a new initiative, Beth Medrash Govoha in Lakewood, NJ, has, for the second year in a row, raised the bi-weekly kollel check received by its kollel members, Hefker Velt reports.

The increase is part of a plan to raise the check again over the next few years, while at the same time adding new members to the kollel payroll of the yeshiva.

The kollel budget has now reached close to $15 million annually.

The yeshiva has not missed a payroll in over 14 years.

The raise is a full extra paycheck per year, which, in total, will cost the yeshiva an additional $500,000.

Beth Medrash Govoah was founded by Rav Aharon Kotler zt”l, who was succeeded by his son, Rav Shneur Kotler zt”l. The yeshiva is led by today by four roshei yeshiva.

{Matzav.com}

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