With a combination of need-based financial aid and Yale University scholarships, the ivy-league institution ensures that education is affordable for students from all backgrounds. In 2019, 71% eligible international students received financial assistance to commence their chosen Yale undergraduate or graduate program.
The average need-based Yale University Scholarships are over USD 50,000 per year, depending upon the financial need. In the past few years, the university has consistently increased its overall scholarships and financial aid budget. The graph below highlights the total funding put towards Yale scholarships and grants:
Yale University financial aid is available to international students at all levels of study. However, incoming undergraduate students at Yale receive better funding opportunities in comparison to postgraduate students.
The institution’s need-based aid for domestic and international students is covered by a single program- Yale Scholarships. This financial aid program comprises of two part:
In 2019, the average undergraduate scholarship at Yale was USD 51,500, which covered the tuition fees. Students had to cover the remaining amount of approximately USD 12,500 (via student effort).
Under the undergraduate Yale University scholarships, 99% incoming students whose family income is less than USD 65,000 were financed. The families didn’t have to contribute any funds for their child’s education at Yale. From tuition fees to books & supplies to room & board, all expenses were covered.
The median scholarship grant awarded to Class of 2023, based on the family annual income, are tabulated below:
|Annual Income||Median Scholarship||Median Net Cost|
|Less than USD 65,000||USD 74,732||USD 3,450|
|USD 65,000- USD 100,000||USD 72,217||USD 5,538|
|USD 100,000- USD 150,000||USD 57,856||USD 15,298|
|USD 150,000- USD 200,000||USD 37,542||USD 34,005|
|USD 200,000- USD 250,000||USD 27,165||USD 45,051|
|Over USD 250,000||USD 19,817||USD 52,102|
To apply for undergraduate Yale scholarships, students are asked to complete an online College Board CSS Profile (Yale’s CSS Code: 3987). The step-by-step procedure is given below:
Along with the CSS profile, students are required to submit signed Tax Returns of Parent & Students. To receive a provisional decision on financial aid, students are recommended to submit their applications before the following deadlines:
Note: Additional information may be required depending on your financial situation.
Yale scholarships and financial aid for graduate program students vary for all Yale University schools. There are also faculties which do not offer any scholarships. For instance, Yale Graduate School of Arts and Sciences does not offer any internal scholarships to incoming students. However, students are entitled to various stipends, fellowships, and assistantships.
Yale University scholarships and financial aid for a few other schools are discussed below:
Unlike the undergraduate scholarships at Yale, there is no set financial aid grant for postgraduate students. However, the general application process for graduate Yale scholarships is similar to UG scholarships and includes the completion of CSS profile AND International Certification of Finances.
As it can be seen, Yale University scholarships are more beneficial for undergraduate students as compared to graduate students. Nonetheless, international students can still pursue their chosen graduate program at Yale with various external scholarship opportunities.
Few external scholarships available to Indian students to pursue Yale University graduate programs are:
|Scholarship Name||Scholarship Benefits||Scholarship Eligibility & Selection|
|Fulbright Scholarships India||Varies||Minimum 55% in UG degree; At least 3+ years of work experience;|
Enrolling in an eligible graduate program
|National Overseas Scholarship||USD 15,400||Indian students;|
Minimum 55% in bachelor program; Below 35 years of age; English language proficiency
|Narotam Sekhsaria Foundation Scholarships||Interest free loan||Minimum 60% in undergraduate program; Below 30 years of age|
|JN Tata Endowment for Higher Education||Loan scholarship USD 1,318 and USD 13,189; Additional gift of USD 1,000(not for everyone)||At least 60% in UG degree;|
Below 45 years of age;
Enrolling in a 2-year program
|Lady Meherbai D Tata Trust Scholarships||USD 3,957- USD 7,915||Indian women; Minimum 2 years of work experience;|
To apply for these external Yale University scholarships, Indian students receive confirmation of admission from Yale. Once they have the offer letter, they can proceed and apply for the scholarship program of their choice.
With Yale’s need-blind admission and financial aid support system, international students can pursue studies at the university and build a future they desire. The institution aspires to invest more in Yale University scholarships and grants to attract academically qualified students from different parts of the world.