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...
A month after Harvard Law School unveiled a much-hyped public-service tuition incentive that had Yale Law School officials on the defensive, Yale has breathed new life into its own assistance programs for students planning to enter public service. The Law School will raise the baseline income below which graduates’ loans are forgiven from $46,500 to $60,000, double the...
A United States House of Representatives committee unanimously approved legislation Wednesday intended to ensure that student loans will continue to be available amid the increasing turmoil in the credit markets. The legislation, approved by the House Education and Labor Committee, would, among other things, raise the annual limits on the amount of federal loans a...
While most Yale undergraduates will be celebrating the end of student loans next year, many of their graduate-student counterparts will still be taking out tens of thousands of dollars in loans — a process that tightening credit markets have made even more stressful. Although graduate- and professional-school students, like undergraduates, will have no difficulty...
Just months after Harvard unveiled a financial-aid overhaul for undergraduates that left other universities, including Yale, scrambling to keep pace, Harvard Law School announced last week what Harvard administrators pitched as a similar tuition shake-up. Harvard will now forgive the third year of tuition for law students who commit to at least five years of public...
In the wake of similar reforms at Ivy League schools and Stanford University, Columbia University and the Massachusetts Institute of Technology unveiled new financial-aid programs earlier this month. Princeton University is the only remaining Ivy League school not to announce an aid initiative in the recent wave of financial aid reforms. With their new policies, both...
While tightening loan standards are starting to constrict financial options for college students struggling with steep tuitions, Yale’s latest financial-aid reform — which eliminated the need for student loans — will protect most Elis from market turmoil. The nation’s recent economic downturn has spelled rocky terrain for student loan providers, forcing many to...
Brown University will no longer require a financial parental contribution from most families earning under $60,000, the university announced Saturday. In a move that follows recent financial-aid announcements by five Ivy League schools, Brown will eliminate loans from the aid packages of families making less than $100,000 per year. The university will also reduce loan...
