<p>Yale FA Calculator: [Yale</a> University Financial Aid](<a href=“Welcome | Student Financial and Administrative Services”>Welcome | Financial Aid)
Unfortunately this has been the case for the whole of the past admissions year. It is a handy application which, when available, would probably help to curtail some of these unrealistic expectations regarding financial aid. Hopefully it will be available in future years. (FA applicants do seem to focus on income and ignore the role that assets play in decisions about aid.)</p>
<p>As has been discussed on earlier threads, aggregate FA statistics for Harvard and Yale indicate the schools are roughly equally generous in this regard, with Harvard distributing aid a little more broadly but using more loans to do so. But even though this is true in aggregate, FA decisions are ultimately idiosyncratic to each school. Each school evaluates such factors as home equity, private schools and colleges for siblings, divorced and re-married parents, annual contributions to retirement accounts, and others differently. It is silly to conclude based on any individual case, especially with almost no details about assets and family situation, that one school has better FA than the other. If, in aggregate, schools look equal but in a specific case they do not, it is likely that there other cases to be found where FA favors the opposite school.</p>