Updated: Thursday, July 2, 2009 at 8:06pm
For months before the Tuesday announcement of Yale’s record-low admit rate, colleges counselors repeated a single chorus in interviews: Dire economic conditions and Yale’s new financial aid policy would mean more applications overall and more applicants looking for financial aid from the University. A set of figures the University made public for the first time this...
As the specter of layoffs looms over the University, student jobs on campus will likely remain safe, at least for now, administrators said. Although officials and department heads said the specifics of departmental budget cuts remain uncertain, they reiterated the University’s commitment to employing students, who can perform office work or research relatively...
As of July, Yale will no longer be the cheapest school in the Ivy League. Tuition, room and board expenses for Yale College students will increase 3.3 percent, to $47,500 from $46,000, for the next academic year, University officials announced Tuesday. The moderate rise is in line with Yale’s recent cost hikes and also with those announced by its peer schools so far...
Yale students are by and large pleased with Yale’s sweeping financial aid reforms, but more work remains to be done, the Yale College Council wrote in a report released this week. The ongoing financial crisis has created a continued need for financial aid reform at Yale, the report, which the YCC is circulating among administrators, states. The council suggests a...
Tuition is expected to rise modestly next year, pending approval by the Yale Corporation, the University’s highest governing body. As the Corporation prepares to meet this weekend, administrators are looking carefully at the cost of attending Yale in a time when both the University and its students are struggling economically. Although tuition will undoubtedly rise as...
Although Yale announced in mid-November that it would offer additional financial aid to families struggling during the economic crisis, few students have taken the University up on its offer. As of Jan. 9, the Office of Financial Aid has received 26 requests for financial aid recalculations for the spring semester for reasons connected specifically to the current...
In an upcoming economic stimulus bill, Congress will increase the budget for Pell grants by $15 billion, Politico reported Tuesday. If passed, the bill will increase the amount of an annual Pell Grant by $500, or 10.6 percent. For the current year, the maximum value of a Pell grant is $4,731, and the Pell grant budget for 2008 is more than $16.2 billion, according to the...
Yale’s early admissions race has become increasingly crowded each year, and preliminary counts show that this year will be no exception. Based on ongoing tallies, the number of early action applications submitted to Yale will increase modestly compared to last year’s total of 4,888 applications, Dean of Admissions Jeff Brenzel told the News this week. Though exact...
Average tuition and fees at four-year colleges and universities rose at a slightly faster pace than the Consumer Price Index last year, according to an annual report released Wednesday by the College Board. Students received record amounts of financial aid, though average student borrowing also increased. Since this data was collected before the current economic downturn...
Benjamin Hillman LAW ’08 got an unexpected surprise for graduation: an additional month of interest and an earlier-than-expected call asking him to pay back his student loans. For Hillman and several other members of the Yale Law School class of 2008, a clerical error in the Yale administration has cost them earlier repayment, higher balances and bureaucratic...
With the offer of a Robertson Scholarship luring him to Duke University, Dan Ewert needed a reason to choose Yale. When the University announced an overhaul of its financial-aid system this past winter, he got the excuse he needed. “I was pleasantly surprised with the financial-aid package,” said Ewert, who attends Germantown High School in Germantown, Wis. “For me...
Yale School of Medicine will eliminate the required parental contribution for families making up to $100,000 annually beginning next year, Dean Robert Alpern announced Monday. The sweeping initiative aims to reduce student doctor debt for middle-income students and curb the attrition of medical-school graduates in lower-paying specialties. The policy — funded by a $1.1...
