<p>Does anyone know if Yale (or any other Ivy's for that matter) offers scholarships? My brother received a letter of interest from Yale's basketball program. He's currently ranked top 15 on Long Island, NY. His grades arent so hot though. So he is DEFINATELY out of the running for any type of academic scholarship. </p>
<p>Does anyone know if Yale offers scholarships? I heard somewhere that Ivy's only offer grants. Can anyone help me understand better what exactly they mean by "grants", how they are obtained through the school, and what the average percentage of tuition is covered by grants? Thanks</p>
<p>Negative. No Ivy League offers merit aid of any sort. They offer need-based financial aid, which consists of grants, loans, and work-study. A grant is a gift of money you're not expected to pay back. They come from the endowment of the school: the money it receives from alumni and generous sources. Yale has a very large endowment, so ironically, people will sometimes be able to afford it over lesser-ranked colleges with less $$$ to give out. Part of the package, however, will include student loans and an obligation to work part-time (Princeton is the only Ivy that exclusively uses grants). I don't keep average percentages of grants in my head, but I'm sure you can find it somewhere on the net.</p>
<p>Yale recruits. This means you get a big push from the coach to help you get in. 1 in 6 admitted freshmen are athletes. It wont be the only thing that will get you in, but it sure helps. Coaches will have a list of players they want, then the university will let not all but some of those players in with concideration of god knows what. Swimming, for example, had somewhere around 23 on the list, 10 got in. Golf I think 8 on the list 2 go in. You get the idea.</p>