Every year Yale University offers scholarships for US and international students. Available Scholarships for Yale University and other grants are often referred to as gift aid because they do not need to be repaid.

Such gift aid falls into one of three categories in the Yale financial aid award: Private companies, Employers and Nonprofit Organizations. Yale awards all financial aid on the basis of financial need, with the goal of making a Yale education affordable for talented students from all walks of life and from all over the world.

Yale University is an American private Ivy League research university in New Haven, Connecticut. Yale University is the third-oldest institution of higher education in the United State. University was founded in 1701 in Saybrook Colony to train Congregationalist ministers.

Yale University is a top rank university in the world. Generally, Yale University does not award any merit-based scholarships but Yale students qualify merit awards from other organizations. Criteria for receiving these merit awards based on the student’s performance in academic, sports, music, or another field of special interest.

Types of Scholarships at Yale University

Yale University offers three types of scholarships:

• Yale Scholarships
• Merit-based Scholarships
• Entitlement grants

Yale Scholarships

These scholarships are available for undergraduate students. Yale scholarships are aimed at providing financial aid to students in the form of an award letter. Yale scholarships are generally known as need-based grant oriented awards to the students.

Yale Scholarships award can vary from a few hundred dollars to $50,000 per year.

Merit-based Scholarships

These scholarships are based on the academic performance of students such as in sports, music or some another field of interests.

Entitlement grants

These grants are basically not awarded by the Yale University but basically awarded by the federal government, state agencies or other agencies. The criteria for distributing these grants are based on the federal need, city or state of residence decided by the employer.

Financial Aid by Yale University

As we all know that Yale College is one of the best colleges in the country and it provides financial support to all the students from all over the world.

And if anyone applying for these financial aids so you all are most welcome for applying these awards. Financial Aid by Yale University generally provides to those students who have the full cost of attendance. And Yale considers most talented students for Financial Aid services. Yale University providing various Student Financial Services to get financial aid and provide best services regarding financial aid provided by the Yale.

• Yale financial aid 101

Yale is providing 100% need-blind admission policy for all the students. The average grants offered by Yale Scholarship for the 2015-2016 school years was $43,989. There is no income cutoff for providing financial awards.

• The Yale Financial Aid Package

Financial aid officers understand the financial situation of each family’s individual income status.

• Who Qualifies for Financial Aid?
  Generally, Yale Students are qualifying for a need-based financial award.
• How to apply for Financial Aid

To apply for these financial Aid awards students must submit an online scholarship application form at Yale University web page.

Application Deadline: There is as such no application deadline to apply for this financial aid but students are required to submit all the documents before March 1.