BREAKING NEWS: Yale to offer massive financial aid to families making up to $200,000

<p>We also haven’t really looked at finaid, but maybe it’s worth considering. For a newbie, can a knowledgeable person answer any of the following?

  1. Does anyone know if there is any estimator or guidelines to determine if one qualifies before going through filing all the forms? I know Princeton has an estimator, would that work or does Yale have something similar?
  2. Is there a hard cut-off for income, meaning if you are over some level then you won’t get anything? Is the $200k a top level? Is it just income or do assets come into play?
  3. It sounds like finaid if granted is always a blend of 1) student work/earnings, 2) federal grants/loans, 3) Yale aid. Is work always involved?
  4. If work is involved, what is typically required, both during the school year and summer?<br>
  5. If you are at the high end of the range and qualify for limited aid, is the work requirement less than if you are at the low end?
  6. Is there any good starting point for information on finaid that might answer some of these questions?
    Thanks all…</p>