Yale University

In 2022, tuition for full-time students at Yale was $64,700 a year.

Tuition increased 3.94% in 2023–from $62,250 the prior year. On average, colleges raise tuition about 3% each year.

If this makes attending the college of your dreams seem daunting, remember, the total cost of tuition isn't necessarily what you will have to pay to attend a school. Many students find the actual cost of college is way less than the sticker price after grants, scholarships, and tuition discounts are awarded. Plus, student loans can make the amount you do have to pay out of pocket more manageable until you're done with college.

Yale University meets 91.7% of the demonstrated financial need for undergraduates. The average financial aid package for a full-time, first-year student at Yale University is around $66,890 a year.

Students in the class of 2023 who had taken out student loans graduated with an average of $17,910 of debt.

Yale University: In-state vs. Out-of-State Tuition

Yale University is a private, nonprofit institution, so it has the same tuition for residents of Connecticut as it does for students who live in other states.

Public colleges and universities receive funding from the state government. Public, state schools can offer lower tuition for students who meet the requirements for in-state residency.

Choosing a school where you qualify for in-state tuition can save significant money on the cost of tuition, as well as loans and interest owed. Be sure to verify your state's guidelines for how to qualify for as an in-state resident. Each state has different requirements to qualify as in-state resident. In many states, students must have lived in the state for 12 months before starting school to qualify for in-state tuition. There may be additional requirements as well, depending on where you live.

Explore other Connecticut colleges

Is Yale University's Tuition Different for International Students?

Tuition at Yale University is the same for each student.

International students are not eligible for loans or grants from the U.S. government, but may be eligible for private or Yale University-specific aid and scholarships. International students who demonstrate financial need may be eligible for the following types of financial support at Yale University:

•On-campus jobs •Loans from outsideYale University •Yale University-specific loans •Yale University-specific scholarships

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Yale University Room, Board, Fees, and More

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Tuition is not the only cost of attending college; room and board, books, transportation and fees are also costs it consider when estimating the cost of attendance for college. Let's take a look at what impacts these costs, and what to expect at Yale University.

Room and Board Costs at Yale University

Room and board at Yale University costs $19,180 a year. This number covers the cost of living in dorms or other on-campus housing, plus a dining plan that enables you to eat all or some of your meals the Yale University's on-campus cafeterias and dining halls.

Board costs may vary depending on the number of meals you intend to eat on-campus

How Much Do Books Cost at Yale University?

The cost of books often surprises first-year college students. The real cost of books and supplies depends on the courses you take and what kinds of books and materials they require. To save money, many students choose to use books from the library or buy used textbooks and materials.

Yearly Fees

Most schools charge some yearly fees to help cover the cost of facilties, like the computer labs and libraries, athletic facilities, and more.

There may be optional fees associated with participating in certain activities, like Greek Life, or playing on an intramural sports team. Many schools offer ways so that those with demonstrated need to find ways to lower or eliminate these fees.

Planes, Trains, and Automobiles: Transportation costs at Yale University

The cost of getting around in college can really vary. Will you take a subway, car or an airplane to get to school? Is on-campus parking free, or will you need to budget for parking? Is the campus walkable? Do you own a car, or are you planning to use public transportation? All of these factors can make a big difference in your transportation budget. Keeping in mind, first-year students are allowed to park a car on campus.

A school's location can also have a big effect on transportation costs. Small, rural schools may be easier to get around, but the cost of getting to campus may be higher. On the other hand getting around in an urban area is usually expensive, but cities may offer more buses, trains and low-cost flight options to actually get to school. Yale Universityis in a city in Connecticut, not far from New Haven, which is officially part of the New York City metro area.

Other Costs

When estimating your budget for college, don’t forget to take into account personal expenses, like movies, takeouts, furniture or appliances for your dorm or housing, and essentials like laundry detergent, toothpaste and toilet paper.

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The Full Cost of Attending Yale University

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Now, let’s do a rundown of all of the costs associated with college, to get a better idea of how much students can expect to shell out for Yale University.

How Much Does Yale University Cost?

What will the cost of attending Yale University be? Here is a breakdown of tuition and expenses.

2023 Total Tuition and Expenses
Tuition	$64,700
Room and Board	$19,180

The total estimated cost will vary depending on whether you are going to live on-campus or off-campus.

Total Estimated Costs
On-Campus	$83,880
Off-Campus	$64,700

The breakdowns above provide a good estimate of the total cost of attendance before financial aid and scholarships. Tuition and fees may vary depending on program, course level, location, and more.

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Financial Aid at Yale University

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In 2023, 2,953 of the 6,645 undergrads enrolled received financial aid. Yale University meets 91.7% of the demonstrated financial need for undergraduates.

The average financial aid package for a full-time, first-year student is around $66,890 a year. Around 14% of Yale University undergrads take out student loans to cover any remaining costs. Yale University graduates who have student loans graduate with an average of $17,910 of student loan debt.

The average debt for each loan type varies.

Average Debt By Loan Type
Federal Loans	$13,317
Yale University-Specific Loans	$4,472
Private Loans	$30,169

Most Common Loans for Yale University Students
Federal Loans	12%
Institutional Loans	0.49%
Private loans	3%

Most students take out institutional or government loans, because they tend to have lower interest rates and more flexible repayment options than private loans. Loans from the federal government can be subsidized or unsubsidized. Subsidized loans do not accrue interest during school, while unsubsidized loans begin accruing interest at the time the loan is issued. If students do no qualify for enough federal loans to cover the cost of tuition, some take out private loans. Parents can also take out ParentPLUS loans, which are government loans for parents who are helping their children pay for college.

The Free Application for Federal Student Aid (FAFSA) helps colleges determine how much financial need students and their familes have, so they can offer a financial aid package that meets, or come close to meeting, their need. For more information on Yale University financial aid, keep reading, or visit their financial aid website.

Scholarships at Yale University

Some students may receive grants and scholarships to help pay for college. Unlike loans, scholarships and grants do not have to be paid back.

In 2023, Yale University awarded 2,922 need-based scholarships to students, giving away total of $227.7 million to help students with financial need cover the cost of school. An additional $3.22 million in merit-based scholarship money was awarded to students without demonstrated financial need.

Net Cost of Yale University

The net price of college is the actual cost of attending a school for one year. Net cost is calculated by subtracting any scholarships, grants or other aid that does not need to be paid back from the total cost. Student loans are not part of the calculation, because they need to be repaid.

Now that we have a sense of the total estimated costs for Yale University students, we can subtract the average financial aid package to find the estimated net cost. Net cost can vary depending on a students’ need and the financial aid award received.

When considering whether a school fits your budget, it is important to consider the estimated net cost, not just the sticker price of tuition. Often, schools with the highest tuition also offer the most generous aid packages, so estimate your net cost before eliminating a school because it does fit your budget.

The average amount of financial aid received by a full-time first year student with demonstrated need at Yale University was $66,890 in 2023. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Yale University seem more manageable.

Estimated Net Cost for Full-Time Students
On-Campus	$16,990
Off-Campus	$-2,190

Note: a negative number can indicate that a refund will be given to use toward other expenses such as housing, fees, and books. In such cases, be sure to reach out to the school directly for any clarification or questions.

What will attending Yale University really cost you? The answer depends on several factors.

As of 2011, colleges are required to have a net price calculator on their website to help prospective students and their families understand the actual cost of attending that school, based on their financial situation. You can find the Yale University's net cost calculator on their website.

Yale University Tuition Payment Plans

Some students choose to use payment plans to make the cost of tuition fit more comfortably in their budget.

Yale University offers an Installment Payment Plan, which allows students to pay tuition in a series of smaller chunks instead of one lump sum.

Does Yale Offer Tuition Waivers?

Schools sometimes offer tuition waivers to certain groups, to reduce the total cost of attendance. Some colleges offer tuition waivers for employees and their family members, underrepresented students, or military students. Even if you qualify for a waiver, other expenses and fees are the responsibility of the student.

Yale has some full or partial tuition waivers available for: - Employees or Children of Employees

Check the financial aid website for more information on payment plans and tuition waivers.

Yale University's Endowment

An endowment is the total value of a school's investments, donations, and assets. Endowment is not necessarily an indicator of the quality of a school, but it can give you a sense of how much money a college can afford to invest in expanding programs, improving facilities, and supporting students.

As of 2022, the total market value of Yale University's endowment was $41.4 billion. The average college endowment was $905 million in 2021. The school spends $67,077 for each full-time student enrolled.

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Learn More About Yale University

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