Yale College provides generous financial aid, awarded solely on the basis of demonstrated financial need. Financial aid is available to applicants from a wide range of socio-economic backgrounds. In the last few years, most Eli Whitney students have qualified for need-based financial aid, and many qualified for need-based full tuition scholarship. A Yale education is affordable.
Tuition Scholarships - Eli Whitney students enrolled in at least two Yale credits per term (most semester courses at Yale are worth one credit) are eligible to receive need-based scholarship up to the amount of their tuition charges, based on a review of their financial aid application. Eli Whitney students have the flexibility of taking classes part-time, so tuition charges for Eli Whitney students vary depending on the number of credits taken in any given semester. Tuition for the 2021-2022 academic year is $6,620 per course credit. The maximum amount of tuition scholarship per semester for Eli Whitney students is capped at the cost of tuition.
Additional Scholarship for Housing - Eli Whitney students who qualify for need-based financial aid and are enrolled in at least two Yale credits per semester, will receive additional scholarship in the amount equal to the cost of a standard Yale College room ($5,050 per term during the 2021-2022 academic year). Eli Whitney students do not live in undergraduate housing, so this aid above the cost of tuition is available for students to use towards off-campus living expenses. The number of aided semesters each student is granted that includes the cost of room will be based on a student’s academic standing upon matriculation and will be calculated at 150% of each student’s program length.
For example, a student transferring to Yale with 18 credits would be considered the equivalent of a first-semester junior and, if a full-time student, would be granted 4 terms of enrollment to complete the bachelor’s degree. A student in the Eli Whitney Students Program transferring to Yale with 18 credits would be allotted 6 semesters of housing scholarship (150% x 4 = 6). A student in the Eli Whitney Students Program transferring to Yale with 8 credits would be considered the equivalent of a first-semester sophomore and would be allotted 9 semesters of housing scholarship (150% x 6 = 9). Any number of semesters beyond the 150% calculation would not include the housing scholarship but, for those students eligible for need-based tuition scholarships, would continue to receive scholarship, capped at the cost of tuition.
Eli Whitney students may apply for graduate housing. The cost of graduate housing may differ from the cost undergraduate housing, but the amount of the housing scholarship for Eli Whitney students remains at the cost of a standard Yale College room.
Weekday lunches - Eli Whitney students receive free weekday lunches in Yale’s undergraduate dining halls during the academic year.
U.S. Military Veterans - Veterans of the U.S. armed forces may choose to use their military education benefits or apply for need-based Yale financial aid. Yale is a participant in the Yellow Ribbon program.
Dependent Childcare Support - Yale College students receiving need-based financial aid and with qualifying childcare expenses will be eligible for dependent child support of up to $4,900 while they are engaged in education-related activities during the academic year, plus an additional $1,000 per additional dependent child under the age of 6.
Unmet Financial Need - Any unmet financial need can be covered by loans, term-time work, federal grants, and outside scholarships.
Applying for Financial Aid - Instructions for applying for Eli Whitney Students Program financial aid can be found on the website of the Office of Undergraduate Financial Aid. Please note: Yale’s Net Price Calculator and MyinTuition are designed for prospective first-year applicants and will not provide an accurate financial aid estimate for Eli Whitney candidates.