<p>[Yale</a> University Financial Aid](<a href=“Welcome | Student Financial and Administrative Services”>Welcome | Financial Aid)</p>
<p>Please check out the site. The new financial aid initiative was the biggest motivator for me to apply to Yale, and eventually accept their offer of admissions. Today, all undergraduates received an e-mail from President Levin, detailing how the Yale endowment had gone down to 16 billion dollars amidst of the recession. Despite his announcement of of budget cuts, he emphasized Yale’s commitment to financial aid to its undergraduate and graduate schools.</p>
<h1>In the 2008–2009 year, 50% of all Yale undergraduates received need-based aid from Yale.</h1>
<h1>In 2008–2009, 65% of all Yale undergraduates received financial assistance of some kind, be it from Yale or from outside sources, in the form of scholarships, grants, low-interest educational loans, or work-study programs.</h1>
<pre><code>* In 2008–2009, the average Yale Scholarship was $32,800. Keep in mind that this is only an average. Due to differing levels of family need, Yale Scholarships can range from the very minimum amount of aid offered to scholarships over $46,000.
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<p>It is one of the most generous offers in the history of higher education. Don’t take it lightly.</p>