Excerpt: Following sweeping financial-aid reforms announced Monday, the University will dramatically reduce the cost of a Yale College education for families making under $200,000.
Yale’s new plan, made public just over a month after Harvard University unexpectedly unveiled an overhaul of its own financial-aid policies, bears the imprint of Harvard’s revamped aid portfolio. The expected contributions from families in income brackets up to $180,000 are identical to those laid out by Harvard, and like Harvard, Yale will eliminate student loans from aid packages beginning next year.
But Yale will allow families making between $120,000 and $200,000 to contribute 10 percent of their income on average toward tuition, while Harvard limited the average 10-percent contribution to families making up to $180,000 in its December announcement.
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Yale Aid Reform; Roanoke Alum Wounded
Yale Aid Reform; Roanoke Alum Wounded
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