Friday, November 6, 2009

11-6-09: Yale: Yale College Financial Aid and Applications

New Haven, Conn. — This page provides information on Yale College financial aid and applications for the last 10 years.

Yale College Financial Aid and Applications
This page provides information on Yale College financial aid and applications for the last 10 years.
Yale College admits all students without regard to their ability to pay, a policy called “need-blind admissions,” and provides the full demonstrated financial aid to all admitted students, whether they are from the United States or another nation.
As the charts on financial aid reflect, the percentage of students receiving financial aid scholarships from Yale has been increasing. In addition, the increase in financial aid funding has far outstripped the increase in the cost of attending Yale.

Year
Yale College Enrollm’t
Total # w/Yale financial aid
% with financial aid
Term bill
Cost of attendance
(average)
Average annual grant from Yale
2000-01
5319
1934
35.4%

$32,880
$35,712
$14,224
2001-02
5323
1963
36.9
$34,030
$37,031
$15,217
2002-03
5281
2098
39.7
$35,370
$38,490
$20,715
2003-04
5307
2128
40.1
$37,000
$40,416
$21,008
2004-05
5290
2174
41.1
$38,850
$42,589
$22,249
2005-06
5339
2195
41.1
$41,000
$45,158
$24,822
2006-07
5347
2229
41.7
$43,050
$47,262
$26,310
2007-08
5326
2256
42.4
$45,000
$48,636
$27,609
2008-09
5287
2722
51.5
$46,000
$50,345
$31,699
2009-10
estimate
5300
2760
52.1
$47,500
$51,596
$34,365

Year
Total financial aid budget,
Yale sources, in m’s

% change
Term bill
% change
2000-01
$26.2 million

$32,880

2001-02
$28.1 million
7.25%
$34,030
3.50%
2002-03
$38.2 million
35.94
$35,370
3.94
2003-04
$43.0 million
12.57
$37,000
4.61
2004-05
$47.8 million
11.16
$38,850
5.00
2005-06
$54.2 million
13.39
$41,000
5.53
2006-07
$58.2 million
7.38
$43,050
5.00
2007-08
$62.2 million
6.87
$45,000
4.43
2008-09
$91.4 million
43.34
$46,000
2.22
2009-10
$100 million
10.62
$47,500
3.26

Applicants to Yale College have nearly doubled in the last decade, and the admit rate has declined accordingly. Yale has committed to expanding Yale College in the future to allow more qualified applicants to receive a Yale education.

 Year
Total
Applicants
Total Admits
Early Appls
Early App Admits
Total
Admit rate
matrics
 1999-03
13,270
2,135
1,442
529
16.1%
1,371
2000-04
12,887
2,084
1,493
545
16.2%
1,352
2001-05
14,809
2,038
1,797
525
13.8%
1,296
2002-06
15,466
2,009
2,115
550
13.0%
1,300
2003-07
17,735
2,014
2,612
556
11.4%
1,353
2004-08*
19,682
1,958
4,049
668
9.9%
1,308
2005-09
19,451
1,880
3,929
704
9.7%
1,321
2006-10
21,101
1,878
4,084
723
8.9%
1,315
2007-11
19,323
1,911
3,597
709
9.9%
1,320
2008-12
22,817
1,952
4,888
885
8.6%
1,320
2009-13
26,000
1,951
5,557
742
7.5%
1,308
* first year of Single Choice Early Action, which replaced binding Early Decison

http://opa.yale.edu/news/article.aspx?id=7063

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