The total Cost of Attendance for attending Yale in 2012-2013 is $58,600, which includes tuition ($42,300), room ($7,150), board ($5,850), and books and personal expenses ($3,300). Total cost of attendance (not only tuition) is used to calculate a student's need-based financial aid award. Yale meets 100% of demonstrated need. In recent years, the average Yale Scholarship (a need-based grant) has been $35,500 for students on financial aid and roughly 57% of Yale students receive need-based financial aid. Read more about Yale's generous financial aid policies and use the Net Price Calculator to see how much need-based financial aid your family may qualify for. Please note, Yale does not require students to take out loans for their education.