financial aid at yale

<p>My family makes about $150-200K/yr. What type of aid could I get in this case?</p>

<p>Yale admissions has FA calculators.</p>

<p>[Financial</a> Aid | Freshmen | Office of Undergraduate Admissions](<a href=“Home | Yale College Undergraduate Admissions”>Affordability: The Basics | Yale College Undergraduate Admissions)</p>

<p>If under $200K, you’d qualify for something.</p>

<p>^^ only if they don’t have substantial assets.</p>

<p>And, if you have an older sibling in college OR younger siblings in private schools (basically, are your parents paying tuition for someone else other than yourself), they tend to add some aid there</p>

<p>It does vary family to family. We get more than a family with no children in college, we also don’t have a lot of assets, so just income isn’t always a good indicator.
You can get a general EFC on their calculator though.</p>

<p>If you have anything above 150k, don’t expect anything… Seriously. You have a rich family.</p>

<p>That’s not always true. A family making that and having a few children, little assets would get money and have. Some families didn’t always make that amount of money and there are many variables.
Of course if you make under 60,000, certain things are guaranteed, but every case is different and Yale has been very generous to some people I know and they made around that amount, give or take 10-15,000. The children did take loans also, but the parents contribution was managable.
From their site:
The reduction in costs will be spread across a broad range of incomes. Families with incomes below $120,000 will see their contributions cut by more than 50%, while most families with incomes between $120,000 and $200,000 will see cost reductions of 33% or more.</p>

<p>Families earning less than $60,000 annually will not make any contribution toward the cost of a child’s education, and families earning $60,000 to $120,000 will typically contribute from 1% to 10% of total family income. The contribution of aided families earning above $120,000 will average 10% of income.
Yale also is increasing the number of families who qualify for aid, eliminating the need for students to take loans, enhancing its grants to families with more than one child attending college, exempting the first $200,000 of family assets from the assessment of need, and increasing expense allowances for foreign students during school vacation periods. Yale calculates financial aid by taking into consideration a family’s total income and assets, family size and number of children in college, family medical bills, state of residence, and a number of other factors.</p>

<p>Dehruns, dose it apply to international students? After the financial crisis in particular? thx</p>

<p>All I know is what is on their site, I’m sure if you write, someone will give you all the information you need.
[Financial</a> Aid for International Students | International Students | Office of Undergraduate Admissions](<a href=“Home | Yale College Undergraduate Admissions”>Home | Yale College Undergraduate Admissions)</p>

<p>[Yale</a> University Financial Aid](<a href=“Welcome | Student Financial and Administrative Services”>Welcome | Student Financial and Administrative Services)</p>

<p>I have found their FA calculator to be accurately predictive when given the correct numbers. Unfortunately it appears to be unavailable right now, but I recommend it when it comes back.</p>