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- Yale considers all of these factors when calculating the Estimated Cost of Attendance* for one academic year. Direct Costs (billed from Yale) + Indirect Costs (estimated additional expenses) = Estimated Cost of Attendance
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Estimated Net Cost: The amount a student and family is expected to contribute towards the cost of a Yale education. Yale will calculate this number every year based on the information provided in a financial aid application. Estimated Cost of Attendance - Gift Aid = Estimated Net Cost. Options to pay net cost.
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- Estimate Your Cost
- Your Estimated Cost of Attendance
- Gift Aid
- Your Estimated Net Cost
- Expected Family Contribution and Options to Pay Net Cost
- Estimated Yale Term Bills
- Other Payment Options and Resources
- Special Notes About Your Award
The Estimated Cost of Attendance on your award letter reflects your personalized version of the Estimated Cost of Attendance. It includes both Direct Costs like tuition and Indirect Costslike books and personal expenses. Some Indirect Costs, such as travel, vary by student. Because Yale uses estimates for Indirect Costs, your actual costs may be lo...
The Gift Aid section of your award letter shows the grants and scholarships you will receive to help cover your Estimated Cost of Attendance. Your gift aid may include any or all of the following:
Net cost includes all expenses in your cost of attendance that are not covered by gift aid. For Yale undergraduates, the Estimated Net Cost will always equal the Expected Family Contribution.
The Expected Family Contribution (EFC) reflects Yale's assessment of your family's ability to contribute financially to your education. Your award letter breaks the EFC out into the following parts: The EFC breakdown shows the most common way families cover the Net Cost of attendance at Yale. However, families have options for covering the Net Cost...
This section of your award letter shows your Direct Costs and expected gift aid, giving you an estimate of the amount you will pay directly to Yale prior to the beginning of each term. Remember that the Yale term bill does not include Indirect Costssuch as books and travel expenses. In addition to tuition, room, and board, your term bill may includ...
This section of your award letter lists some potential resources for paying your Expected Family Contribution, including: 1. The Yale Payment Plan 2. Merit-based scholarships and grants from outside Yale 3. Employment on campus during the academic year(link is external) 4. Education loans
Please read this section of your award letter carefully. It contains notes about special circumstances taken into account, additional documentation you may need, and situations that could change your award substantially, as well as other important information.
Feb 18, 2021 · For families who make less than $65,000 a year, Yale covers almost the entire cost of attendance. For every family, Yale fully meets demonstrated need. My quick Google Search about Yale’s cost hadn’t quite captured Yale’s cost for me. A quick Google Search might not represent Yale’s cost for you - it definitely didn’t for me!
of these factors when calculating the Estimated Cost of Attendance* for one academic year. How Much Does Yale Cost? Direct Costs (billed from Yale) + Indirect Costs (estimated additional expenses) = Estimated Cost of Attendance *College and university financial aid is specialized enough to require its own terminology. Some words are standard
Nov 5, 2020 · The total estimated cost of in-person attendance at Yale for the 2020-2021 school year is $78,850. Tuition alone costs $57,700 for the year. Fifty-one percent of Yale students receive scholarships and/or other grant aid from Yale sources.
A simple equation: estimated cost of attendance – gift aid = estimated net cost. All the numbers above come down to this. Keep in mind that estimated net cost is not an estimate of your Yale bill. That’s in a separate section. Estimated Net Cost equals the expected family contribution. 4 Expected Family Contribution and Options to Pay Net Cost.
