<p>If your EFC is 0 at Yale (or you make under $60,000), you will have 0 parent contribution. This means that your bill will essentially be 0 because you will have work study and student contribution (total about 3,500) if not less… this is then applied towards personal and travel expenses that range from 3050-4000 which are “assumed” expenses in the COA and are not paid to the school, meaning you keep that money for those expenses. I believe Harvard and Princeton have very similar policies.</p>