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. Yale meets 100% of demonstrated financial need for all Eli Whitney students. Financial aid covers the full cost of attendance: tuition, fees, housing, meals, and estimates for books, personal expenses, 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.
Meeting financial need with scholarships, not 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 and their parents are not expected to contribute financially. Students who would like to consider using a loan to finance some or all of their net costs may contact the Office of Undergraduate Financial Aid to explore their options.
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, Yale calculates the number of aided terms for which a student is eligible at 150% of a student’s program length at the time of matriculation. For example, a new Eli Whitney student transferring to Yale as the equivalent of a first-term junior would be eligible for financial aid for 6 terms (150% x 4 = 6). A new Eli Whitney student transferring to Yale as the equivalent of a first-term sophomore and would be eligible for financial aid for 9 terms (150% x 6 = 9).
Eli Whitney students live off campus or in graduate housing. For students with financial need, financial aid awards include an estimate for housing expenses that is equivalent to the cost of a standard Yale undergraduate room. Although the actual cost of off-campus living or graduate housing may differ from the cost of a Yale College room, there are affordable rental options 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. Review Military Benefits and Financial Aid for more information.
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 six.
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 28. 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