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Yale University
For students with family incomes below $60,000, after a student contribution from summer earnings and a work-study contribution of $2,500, the program covers the remaining student budget with grant aid.| For students with family incomes below $60,000. . . | 2009-10 Estimated Student Budget | ||||||||||
| After a student contribution from summer earnings, and a work-study contribution of $2,500, the college assures enough grant aid to cover these expenses |
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Total Expenses: $51,575
For all other students, after the family covers any EFC (with a minimum student contribution from summer earnings) and the student has work-study totaling $2,500, the university covers the remaining student budget with grant aid.
| For all other students. . . | 2009-10 Estimated Student Budget | ||||||||||
| After the family covers the EFC (with a minimum student contribution from summer earnings) and has work-study totaling $2,500, the college provides grant aid to cover these expenses |
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Total Expenses: $51,575
About the Financial Aid Pledge (2009-10):
How is EFC determined and used?
Institutional Methodology. The parental portion of the EFC is waived for students with family incomes below $60,000. Between $60,000 and $120,000 the parental contribution is on average between 1% and 10% of income, and between $120,000 and $200,000 the parental contribution averages 10% of income. Regardless of income, a student contribution of $1,200 is required.
Institutional Methodology. The parental portion of the EFC is waived for students with family incomes below $60,000. Between $60,000 and $120,000 the parental contribution is on average between 1% and 10% of income, and between $120,000 and $200,000 the parental contribution averages 10% of income. Regardless of income, a student contribution of $1,200 is required.
How much academic year work and/or need-based loans are included?
No loans and $2,600 in work.
No loans and $2,600 in work.
Does the offer account for the full student budget?
Yes.
Yes.
How are outside scholarships handled?
Outside scholarships reduce the work-study expectation and student contribution before reducing grant aid.
Outside scholarships reduce the work-study expectation and student contribution before reducing grant aid.
About the Institution (2007-08):
Location: New Haven, CTType: Private 4-year
Undergraduate enrollment: 6,022
Pell Grant recipients (a measure of low-income enrollment): 9%
Proportion of graduating seniors with student debt: 33%
Average debt: $12,297
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