Major Financial Aid Reform

Colleges and Universities A-Z Yale University
1

<p>Breaking news (Just received it in my Yale e-mail):</p>

<p><a href="http://www.yale.edu/opa/campus/news/2005/20050303_aid.html%5B/url%5D"&gt;http://www.yale.edu/opa/campus/news/2005/20050303_aid.html&lt;/a&gt;&lt;/p>

<p>Now if only Yale would reduce my student contribution.</p>

2

<p>and <a href="http://www.yaledailynews.com/article.asp?AID=28694%5B/url%5D"&gt;http://www.yaledailynews.com/article.asp?AID=28694&lt;/a&gt;&lt;/p>

3

<p>i was sort of hoping for a princeton-esque loan replacement, or a reduced self help. but this i think will specifically target low income families (as opposed to helping everyone?) </p>

<p>bad thing is you can have an EFC of zero but still be expected to pay in excess of $6800 a year (4200 self help and 1650 summer, as a freshman). which for a yale education is incredible, but it might be hard for kids with difficult situations to come up with that.</p>

<p>kudos to yale on jumping on the bandwagon (and upping the harvard limit by $5000)</p>

4

<p>"...bad thing is you can have an EFC of zero but still be expected to pay in excess of $6800 a year (4200 self help and 1650 summer, as a freshman)..."</p>

<p>Actually this is the exact situation that I find myself in currently...I have found myself crying in the financial aid office on more than one occasion this school year.</p>

5

<p>yeah, that's the same situation i'm in... lots of loans i suppose. i'm applying for a lot of scholarships... how has this worked out for you? do you spend all of your time working?</p>

6

<p>Yay! I was so excited when I got that in my email! </p>

<p>(Read the part where they give one ticket home a year for international students!)</p>

7

<p>I have sent in many applications to the SEO online for jobs, but I think I must be extremely under-qualified, due to my lack of computer literacy, because I haven't gotten responses from many of them (I think I must've applied to 10 or more). I went on a interview but was never contacted back. And when I complained to SEO about this, they just told me to keep re-sending e-mails, so I finally just gave up.</p>

8

<p>Hahaha...I'm happy for you, Upandover!</p>

9

<p>when they talk about income, is it total income or gross adjusted income? it seems that the latter is fairer (but correct me if i'm wrong)</p>