So, I'm thinking about Yale (dream big, right?) but I have no idea about the costs involved. I mean obviously it's going to be expensive, but can anyone give me a ballpark on the annual tuition and other costs?
For the 2024-2025 academic year, Yale University's tuition is $67,250. Room and board are an additional $19,900.
So, the total estimated cost of attendance is close to $87,150. However, Yale has a very generous need-based financial aid policy. Families who earn less than $75,000 per year are not expected to contribute towards the cost of their student's Yale education. For families earning above this threshold, the contribution varies depending on the family's specific financial circumstances.
Another factor to consider is scholarships. Yale does not offer merit-based scholarships, but there are numerous external scholarship opportunities that you might be eligible for, which could significantly reduce this cost.
Remember that these are just estimates, and the actual cost can vary depending on individual circumstances. To get the most accurate estimate of what you would need to pay to attend Yale, you can use the Net Price Calculator on their website (https://finaid.yale.edu/costs-affordability/estimate-your-cost). The calculator asks for detailed financial information and provides an estimate of the financial aid for which you might be eligible.
Good luck with your applications! Yale is indeed a dream, and it's worth pursuing if it aligns with your academic and career aspirations.
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