How Willingly Does Yale Match Princeton's Fin Aid?

<p>Hi,
I was wondering if anyone knows how willingly Yale matches Princeton's aid?
Do they match it or do they increase aid? Or do they not consider it?
Also, does the financial aid office know how strong the student is?
The thing is, Princeton gave me great financial aid and I'm hoping Yale can match it. Columbia's aid didn't even come close...</p>

<p>i think its fairly common for a school match the FA of one of its close peers. I would definitely try.</p>

<p>I'm in the same position - Yale's financial aid was quite dissappointing (several other schools, including Princeton, gave me significantly more.) Any advice on how to approach this situation?</p>

<p>undecided07, what's wrong with going to Princeton?</p>

<p>Definitely try and get your FA upped - Yale might be the most amazing institution on earth, and if you have the opportunity to come here it would be a darn shame to be prevented because of financial reasons.</p>

<p>Hope I'll have the pleasure of meeting you in September!</p>

<p>Yours,
DMW</p>

<p>Princeton doesn't offer the major I intend to study, and when I spent a weekend there I felt that I didn't really fit in.</p>

<p>Both of you should call the financial aid office, and let them know what Princeton's FA offer is. Tell them that unless they match the offer, you won't be able to attend Yale, and then, see what happens.</p>

<p>Good luck!</p>

<p>My daughter is in the class of 2010. At last years Bull Dog days Yale said that if an offer was made from Princeton or Harvard which was better, they wanted an opportunity to look at the offer. We went back twice to financial aid with additional information and asked for a review. We had a positive experience.</p>

<p>Aw. I got into three Ivies, and of the three, Yale gave me the most money to begin with. Dang!</p>

<p>wisconsinmom- i cannot go to bull dog days, but i will be visiting yale this week. i haven't recieved my yale packet yet. i hope it is in the mail today when my mom checks it this evening. if i do not get the packet by tuesday (i will be visiting yale on wednesday and thursday) should i still bring my princeton packet to yale, even when i do not know my yale financial aid? wouldn't it be rude? at the same time, wouldn't it be better for the financial aid officer to see me in person rather than hear me on the phone?</p>

<p>also, wisconsinmom, was your financial aid increased or matched to either harvard's or princeton's?</p>

<p>undecided07- princeton does not have my major too. what's your major?</p>

<p>when did yale send their acceptance/financial aid packets? i recieved stanford's and princeton's so far and i'm just waiting on yale's...</p>

<p>You should try to set up an appointment with a financial aid officer while you're at Yale. Even if you haven't received your packet in the mail, they probably have your information and offer easily accessible on their computer system. I'm sure they'll tell you what it is.</p>

<p>I'd bring your Stanford and Princeton FA packets so you can compare your offers while you're there. If you show them that one of the other schools has a higher offer, they will probably increase your offer on the spot. They won't consider it rude if you have other offers with you, but I would keep them in a backpack and take them out only if Yale's offer isn't as good.</p>

<p>Does Yale financial aid office know how strong the student is? If I were to fax Yale a copy of Stanford's FA offer (which, hypothetically, is better, to make this situation work), would Yale be like, "Eh, you're not worth paying for, go to Stanford then" and then rescind me for it?</p>

<p>
[quote]
Does Yale financial aid office know how strong the student is? If I were to fax Yale a copy of Stanford's FA offer (which, hypothetically, is better, to make this situation work), would Yale be like, "Eh, you're not worth paying for, go to Stanford then" and then rescind me for it?

[/quote]
</p>

<p>The answer to your question is a very emphatic NO! Yale admitted you - that means the admissions office thinks you are an amazing student and wants you to come. I've read some of your previous posts, where you expressed worry that your admission was a mistake. It wasn't. I'm certain that you are just as amazing, even if in a different way, as the many other fine students Yale admits.</p>

<p>Thanks svalbardlutefisk. I guess I do have sort of low-self esteem for some reason. :( I just still can't believe I got admitted over 18,000 other super-qualified students. </p>

<p>Well anyways, I haven't gotten my fin-aid letter yet from Stanford or Yale. I hope its good. :)</p>

<p>Namooangel, my suggestion would be to make an appointment with financial aid this week when you go. They do want to talk to you. Bring your other offer with you. Yale can pull up their offer to you. I don't want to go into the particulars on this web-site regarding our daughter's situtation last year, because each situation is unique. I would also try to figure out which school is the best fit for you and then try to see if an offer can be met. Each school is very different.</p>

<p>Our S got into Stanford, Harvard, and Yale. Of the three, Yale gives the least money (almost 8k less). S is the best. and H is in the middle ($2500 less than S).</p>

<p>Y has told our counselor that it will look at all the offers from other schools. We will get in touch with Yale fnancial office to see whether they will review the financial aid.</p>

<p>zzzz, Yale told your counselor? Your school counselor?
zzzz, will you be going to meet with the financial aid office directly or will you be doing everything over the phone?</p>

<p>I am a Yale sophomore and the editor of a magazine about college admissions (I edit the magazine to pay my Yale bill). For our spring edition, we are running a scathing story about Yale?s financial aid, particularly in comparison to Harvard?s and Princeton?s.
Applicants at large commonly believe that, since Yale, Harvard and Princeton are in the same league, then they follow similar financial aid guidelines. This is absolutely incorrect. Let me give you some initial figures:</p>

<p>Here are the average graduating debt figures (that is, how much debt the average student has upon graduation) for seniors at Yale, Harvard, and Princeton in 2005:</p>

<p>Yale: $14,306
Harvard: $8,769
Princeton: $4,370</p>

<p>I should note that these numbers were given to me directly by the Yale Admissions Office.</p>

<p>Here are the figures that I have available for 2006:</p>

<p>Yale: $13,300 (down approx. $1,000 from 2005)?this number from Yale Admissions
Harvard: $6,850 (down approx. $2,000 from 2005)?from Harvard?s 2005-06 fiscal report.
Princeton: have not released yet to my knowledge</p>

<p>(To compare the financial aid policies of every school in the country, check out the ?Compare Tool? at economicdiversity.org)</p>

<p>The glaring difference between Harvard, Princeton and Yale is that Yale is a member of the 568 Group (568group.org) which is a group of 28 of the country?s elite schools who meet to discuss standard practices for determining aid. The 568 Group has a ?temporary exemption? from antitrust prosecution from the U.S. government, making them immune to prosecution for price fixing as long as they follow certain guidelines.</p>

<p>Notably, Princeton and Harvard are not members of the 568 Group (all six other Ivies are members). Also remarkable is the fact that, in terms of sheer graduating loan burden per student, Harvard and Princeton offer better financial aid than every other 568 Group school. (Stanford is not a member of the 568 Group, but has heretofore lagged slightly in loan burden figures. From what I?m hearing on this blog, though, it seems like Stanford might just be giving the 568 Group a run for its money this year after sweeping changes to its program.)</p>

<p>You should also know that Princeton does not expect students to take out loans to finance their undergraduate education. In an email sent to me by Princeton Vice President Robert Durkee, the school said, ?This policy doesn't mean that no student will borrow: some students choose to borrow for special needs or to offset shortfalls in their summer or expected term-time earnings. But it does mean that the financial aid packages for Princeton students do not include any required loan amount. Students on financial aid can and do graduate debt free.? This accounts for the relatively minimal amount of debt that Princeton students take.</p>

<p>In 2006, Yale financial aid organizers gathered over 2,000 signatures (just under 40% of the undergraduate population) in support of financial aid reform at the school. You can check those signatures out at:
<a href="http://www.petitiononline.com/mod_perl/signed.cgi?yreform%5B/url%5D"&gt;http://www.petitiononline.com/mod_perl/signed.cgi?yreform&lt;/a&gt;&lt;/p>

<p>I know that Yale Undergraduate Recruitment Coordinators from the Yale Admissions Office monitor this site, and they certainly won?t be happy that I?m posting this information (I promise there will be more to come soon). I challenge them to refute any of the information that I have posted here if they believe it not to be accurate. You will be able to tell by their silence that this information is true.</p>

<p>If you have questions about Yale financial aid, and would like to hear about it from a real student, please contact me at <a href="mailto:andrew.williamson@yale.edu">andrew.williamson@yale.edu</a>. (I?d actually rather hear from you on my work email address <a href="mailto:andrew@prepmag.org">andrew@prepmag.org</a>, but I figure people will be looking for some assurance that I am a real student).</p>

<p>Check out the blogs of Harvard, Princeton and Stanford--you'll see that, thus far, there are no complaints whatsoever about finaid. At Harvard and Princeton, I only see glowing reviews.</p>

<p>Congratulations, Mr. Williamson. Can ou stop it with the propaganda? We get it: You want Yale to give more money. This is fine, but that doesn't mean that Yale Fin Aid is "horrible". They are just trying to not give as much because ultimately, scholarships do cost the university money. </p>

<p>That said, Yale will match offers to other colleges. It is in the spirit of competitiveness to get your son/daughter into their college, but this is the world of capitalism.</p>