Eli Whitney Students Program - Financial Aid

Yale admits students without regard to their ability to pay and meets 100% of demonstrated financial need. For all students. Without loans.  A Yale education is affordable.

Financial aid for Eli Whitney students

Yale College provides generous financial aid, awarded solely on the basis of demonstrated financial need. Beginning in the 2022-2023 academic year, Yale will meet 100% of demonstrated financial need for all Eli Whitney students. Financial aid will cover the full cost of attendance (tuition, fees, housing, meals, along with estimates for books, personal, and travel). Eli Whitney students taking classes at least half-time are eligible for financial aid. Students  who qualify for financial aid receive a need-based Yale Scholarship that can vary from a few thousand dollars to over $65,000 per year. 

No student loans

Yale does not use student loans to meet financial need. Instead, Yale financial aid awards include a Yale Scholarship and a small student contribution. Most Eli Whitney students are considered independent students for financial aid purposes. Parents of independent students are not expected to contribute towards their child’s education. 

Part time students

Unlike other Yale undergraduates, Eli Whitney students have the option to take classes full or part time. To accommodate students who study part time, Eli Whitney students would be eligible for aid up to 150% of their program length at time of admission. For example, a student transferring to Yale with 18 credits (one semester class at Yale is usually worth one credit) 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 entering Yale with 18 credits would be eligible for 6 semesters of financial aid (150% x 4). An Eli Whitney student entering Yale with 8 credits as a first semester sophomore would be considered the equivalent of a first-semester sophomore and would be eligible for 9 semesters of financial aid. This generous financial aid policy provides Eli Whitney students with the luxury of taking their time at Yale. 

Housing

Eli Whitney students live off campus or in graduate housing. The cost of attendance in calculating financial aid awards uses the cost of a standard Yale undergraduate room. The actual cost of off-campus living or graduate housing may differ from the cost of a Yale College room. There are many affordable rentals in New Haven.

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.

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. The financial aid application deadline is April 30. Please note: Yale’s Net Price Calculator and MyinTuition are designed for prospective first-year domestic applicants and will not provide an accurate financial aid estimate adult students considered as independent students