Yale Expands Financial Aid, Offering Free Tuition to Families Earning Under $200,000

Yale will also now cover all costs of attendance for families with incomes below $100,000.

Yale has announced significant enhancements to its financial aid program for undergraduates, lowering costs for future students and their families. 

The changes will go into effect for new Yale College students entering in the 2026-27 academic year. Families with typical assets and annual incomes below $200,000 will receive need-based scholarships that meet or exceed the cost of tuition, and all expected costs will be eliminated for families with typical assets and annual incomes below $100,000. 

“I am thrilled that Yale is making this important investment in affordability,” said Dean of Undergraduate Admissions and Financial Aid Jeremiah Quinlan. “With this announcement, we reiterate and reinforce Yale’s commitment to ensuring that cost will never be a barrier between promising students and a Yale College education.” 

Read more about the expansion to financial aid.

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