|Submission Date||Sept. 21, 2016|
|4.00 / 4.00||
Metrics & Program Manager
Yale Office of Sustainability
Financial aid is based on the total cost of attendance, which includes tuition, room and board, books and personal expenses. Families whose total gross income is less than $65,000 (with typical assets) are not expected to make a contribution towards their child’s Yale education. Over 10% of Yale undergraduate families have an Expected Family Contribution of $0.
Yale is also a partner with QuestBridge, a national non-profit program that links high-achieving low-income students with scholarships at some of the nation's best colleges.
Yale made a commitment to provide a cohort of incoming low-income and first-generation students an early Yale experience by living and studying on campus for five weeks in the summer with the Freshman Scholars at Yale program.
Yale also made a commitment to send three directed mailings to 20,000 high-achieving low-income students to raise awareness on aid policies, provide counseling, and encourage fee waivers.
Yale awards all financial aid on the basis of financial need, with the goal of making a Yale education affordable to all students and families. Students who qualify for a Yale financial aid award receive a need-based Yale Scholarship that can vary from a few thousand dollars to over $50,000 per year.
In 2014, Yale joined with Harvard, Princeton, and the University of Virginia to conduct joint outreach sessions with an access-centered message.
In the 2014-2015 academic year, more than 300 student ambassadors were sent to visit more than 600 high schools during term breaks to make presentations about Yale College admissions and financial aid.
Yale joined the Say Yes to Education College Compact to pay tuition and fees for any admitted student from the program whose family makes less than $75,000/year. In addition, the average annual grant from Yale to students receiving financial aid is more than $42,000, and the median net price for families receiving financial aid is less than $12,000. Since 2008, Yale has not included loans in its financial aid awards.
The Eli Whitney Students Program (EWSP) at Yale is designed for individuals with high academic potential who have had their education interrupted, at some point during their educational careers, for five or more years. The program enrolls a small number of nontraditional students who have demonstrated maturity and achievement. These students enrich Yale College through their life experience, sense of purpose, and character. Students in the EWSP may enroll on a full or part-time basis. Eli Whitney students take classes with other Yale undergraduates and earn either a bachelor of arts or a bachelor of science degree from Yale College. Need-based financial aid is available to those who qualify.
Yale understands that nontraditional students often face issues very different from those faced by more traditional undergraduates. Yale is sensitive to this reality, and the Director of the Eli Whitney Scholars Program provides special academic counseling and course selection advising to Eli Whitney students. Yale offers many academic resources to undergraduates, including tutoring services; guidance on study abroad opportunities; advice on career development and graduate/professional school admissions. Also supporting Eli Whitney students is the Eli Whitney Students Society, a student-run organization whose mission is “to help all Eli Whitney students acclimate to the Yale College experience.”
In addition, Yale accepts credits from non-traditional students' previous coursework. For a non-Yale course to count toward graduation requirements, it must meet certain standards. The course must be taken at an accredited post-secondary institution. The course must be similar to Yale College courses in content. The student must achieve a grade of A or B in at least three-quarters of their non-Yale courses, and no lower than a grade of C in the remainder. Credit is not granted for online courses; Advanced Placement (AP) results; International Baccalaureate (IB) results; College Level Placement Exams (CLEP); or college credits earned while in high school.
For the question on graduation/success rate for low-income students, please note:
Students receiving Pell Grants had a 6-year graduation rate of 95%.
Students receiving Stafford Subsidized Only (these are federal student loans) had a 6-year graduation rate of 100%.
Students receiving neither Pell nor subsidized federal loans had a 6-year graduation rate of 97%.