Yale Endowment down 25%

[wjb]

<p>spdeer: The status of its investment portfolio is not going to result in a change in Yale’s admissions or financial aid policies. From the budget letter linked at the top of this thread, here is President Levin’s commitment not to reduce financial aid:</p>

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First, we will maintain our commitment to the improvements in financial aid for students in Yale College announced last year. These policies, which offer greatly improved support to low and middle income families, will be especially welcome this year as families experience economic hardship. They are absolutely necessary to ensure that access to Yale remains open to the most promising applicants, regardless of their families’ financial circumstances. Our strong financial aid program in the Graduate School also will be maintained, and I will encourage the deans of the professional schools to make every effort to maintain their financial aid budgets in the coming year.

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