Yale College admits students on the basis of academic and personal promise, without regard to their ability to pay. Yale 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 approximately 75% qualified for need-based full tuition scholarship.
The Office of Undergraduate Financial Aid (UFA) determines all financial aid packages for Eli Whitney students. Please visit the Eli Whitney Students page of the Financial Aid website for details on applying for financial aid.
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 a 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 2019-2020 academic year is $6,130 per course credit. The maximum amount of tuition scholarship per semester for Eli Whitney students is capped at the cost of tuition.
Housing Scholarships - Beginning with the fall 2019 semester, Eli Whitney students who qualify for need-based financial aid, and are enrolled in at least two Yale credits per semester, will receive scholarship in the amount equal to the cost of a standard Yale College room. Eli Whitney students do not live on campus, 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.
Weekday lunches - In addition, Eli Whitney students receive free weekday lunches during the academic year.
Any unmet financial need can be covered by loans, term-time work, federal grants, and outside scholarships. Candidates to the Eli Whitney Students Program applying for need-based financial aid should submit all required financial aid documents by May 1.
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.
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.