Does Yale University offer scholarship and how do I qualify?

Question

Yale sends pamplets to high school minority students from small towns, but are they really affordable to us without scholarship. I have always maintained a 4.0 in a Honors Course. I would like to know if attending a school of this caliber is possible for a small town girl.

Answer 1

Yale mainly offers scholarships from the FAFSA form. It is primarily based on financial need based on your parents income, family savings, your income (if you work), and your savings account. If the family income is below $45,000, they say that the individual will qualify for 100% need based financial aid. If it is between $45,000 and $60,000 there is help, too. A good number of undergraduate students receive financial aid from Yale. I will include some free resources that should help you.

First, the college's financial aid office and website has a list of private scholarships offered from outside organizations and companies. Sometimes a college major's website will list scholarships, too.

Second, the public library has a book listing scholarships with some not even listed on the web.

Third, the high school guidance office has a list of local scholarships and state scholarships & grants.

Fourth, a campus work study job can help with money needed during the school year. The program is funded by the federal government. It will be a job on campus and most times can work to your availability schedule. There should be a box on the FAFSA form for it.

Finally, I recommend joining several free membership scholarship search websites. There are scholarships for a variety of things including ethnicity, clubs, hobbies, and even wearing duct tape to the high school prom. Most are updated on a regular basis. Most offer a customized search based on information entered onto a form on the website.

Good luck!

Answer 2

Yale University Scholarships

Answer 3

Yale Scholarships

Answer 4

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RE:
Does Yale University offer scholarship and how do I qualify?
Yale sends pamplets to high school minority students from small towns, but are they really affordable to us without scholarship. I have always maintained a 4.0 in a Honors Course. I would like to know if attending a school of this caliber is possible for a small town girl.

Answer 5

For the best answers, search on this site https://shorturl.im/CwvKW

If it will be your terminal degree, then yes, it matters. But it might not matter $140,000's worth, which is about what you'd be on the hook for if Yale doesn't come through with substantial support. And it will matter a little less if you plan to work in Minnesota than if you want to move out of state. On the other hand, if you already know you'll be going to graduate school you'd be crazy give up an almost-free education at a good, solid state school like U of M. Go there, keep making the grades, and save the big-name places for graduate school, where they pay you to attend. But honestly, you won't be able to make an informed decision until you know how much funding Yale will give you. Last I heard, they had the largest endowment in the country, so they might offer you a comparable package to U of M's - and loans don't count, even if they're low- or no- interest. Good luck, wherever you decide to go.

Answer 6

http://www.yale.edu/admit/freshmen/financial_aid/index.html

"If you are considering Yale, please do not hesitate to apply because you fear the cost will exceed your family's means. Yale College admits students on the basis of academic and personal promise and without regard to their ability to pay. Once a student is admitted, Yale meets 100% of that student's demonstrated financial need. All aid is need-based. This policy helps to ensure that Yale will always be accessible to talented students from the widest possible range of backgrounds.

Yale's Financial Aid Policies

• Yale's admissions process is need-blind, which means that no applicant will ever be denied admission to Yale because of his or her family's financial situation.

• Yale's financial aid is solely need-based. Our financial aid office will work to determine your parents' financial need and meet 100% of that need for all four years of study.

• If a student's family has a yearly income of $45,000 or less, his or her parents will not be expected to make any financial contribution toward the cost of Yale. If a student's family has a yearly income between $45,000 and $60,000, his or her parents' expected contribution has been significantly reduced.

Who Receives Financial Aid?

• Applicants from a range of socio-economic backgrounds may be eligible for need-based aid. We understand that each family has unique circumstances that may warrant consideration for financial assistance.

• In the 2005-2006 year, over 41% of all Yale undergraduates received need-based aid from Yale.

• In 2005-2006, 63% of all Yale undergraduates received financial assistance of some kind, be it from Yale or from outside sources, in the form of scholarships, grants, low-interest educational loans, or work-study programs.

• In the 2005-2006 year, 49% of Yale undergraduates worked on campus or with participating non-profit agencies. For the 2006-2007 year, Yale's minimum pay rate for on-campus employment is set at $10.90 per hour.

How Much Financial Aid is Available?

• In 2005-2006, the average Yale Scholarship was $23,475. (Keep in mind that this is only an average. Due to differing levels of family need, Yale Scholarships range from the very minimum amount of aid offered to full scholarships.)

• In 2006-2007, Yale plans to provide as much as 59.9 million dollars in need-based financial aid."