The Estimated Cost of Attendance
There are many costs to consider when a student goes to college, both direct and indirect. Besides tuition, a student will need a place to stay and meals to eat. Travel expenses to and from campus, books and materials for classes, and money for laundry, toiletries, and trips to New Haven’s famous pizzerias with friends should all be taken into account when estimating total costs.
Yale considers all of these factors when calculating the Estimated Cost of Attendance for one academic year. Each student’s budget for the academic year includes both direct (billed) costs and indirect (unbilled) costs.
|Tuition and Fees||$51,400|
|Estimated books and personal expenses||$3,670|
Families receiving a Yale financial aid award do not pay the full cost of attendance. Instead, Yale calculates an Expected Family Contribution based on the Estimated Cost of Attendance and a family’s specific Demonstrated Financial Need, which is determined through the financial aid application process. Yale is committed to covering 100% of every family’s Demonstrated Financial Need with a financial aid award that does not require loans. For more information, see Affordability.
Planning for four years
As you plan financially for education costs over the next four years, please keep these points in mind:
- Any changes in the cost of attendance from year to year are mirrored by changes in students’ financial aid awards.
- Every family’s circumstances are reevaluated each year to ensure that the financial aid award is based on current financial information. For more information, see Renewing Your Award.
- A student contribution is included in every Expected Family Contribution. Most undergraduates meet this expectation with a combination of term-time and summer employment or an outside merit-based scholarship. For more information, see Student Effort.
International students and U.S. taxes
Scholarships and allowances from Yale may have tax implications for international students.
- The U.S. government considers the amount of scholarship you receive in excess of tuition as taxable income.
- Yale may be required to withhold up to 14% of the amount of your scholarship that exceeds the amount of tuition. The withholding amount depends on your tax status and any tax treaty between the U.S. and your home country.
- For first-year students with a qualifying tax status, the scholarship portion of your freshman financial aid package will increase to offset the tax withholding. You will be responsible for filing a U.S. tax return each year and for saving your refund to help cover tax withholding the following year.
Estimated Cost of Attendance for Eli Whitney students
For the 2016–2017 academic year, tuition for Eli Whitney Students is $5,500 per course credit. Estimated costs for room, board, and books and personal expenses are the same as those for the standard undergraduate budget.
|Tuition and Fees||credits x $5,500|
|Estimated books and personal expenses||$3,580|