Scholarships, Grants, and Loan Trends at Yale

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 3,097, which is 54.56 % of all undergraduate students. 468 students which is 8.22% of undergraduate students received federal student loans and the average loan amount is $5,956.
For full-time, first-time beginning students (freshmen), 52.11% of students received grants or scholarships and 8% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Yale University since 2013.
For that period, the average number of students who received grants aid/scholarships is 3,097, which is 54.56 % of all undergraduate students. 468 students which is 8.22% of undergraduate students received federal student loans and the average loan amount is $5,956.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-142,942 (54%)$42,591644 (12%)$4,262507 (9%)$6,027
2014-152,869 (52%)$44,114705 (13%)$4,345569 (10%)$5,960
2015-162,875 (52%)$46,175757 (14%)$4,500585 (11%)$5,745
2016-172,840 (52%)$48,810791 (14%)$4,461544 (10%)$5,818
2017-183,061 (53%)$51,191908 (16%)$4,693463 (8%)$5,775
2018-193,307 (55%)$54,1761,064 (18%)$4,872477 (8%)$6,128
2019-203,440 (56%)$58,2441,121 (18%)$4,886448 (7%)$6,176
2020-212,807 (60%)$57,8651,007 (21%)$4,914255 (5%)$6,022
2021-223,728 (57%)$60,4871,227 (19%)$4,984361 (6%)$5,952
Average3,097 (54.56%)$51,517914 (16.11%)$4,657468 (8.22%)$5,956

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

For the last 10 years, on average, 764 (52.11 % of students) received grants or scholarships and its average amount is $52,986. It can cover 81.89% of tuition & fees ($64,700).
In addition, 109 (7.56 % of students) students get helped from the students loans (average amount : $5,083).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14677 (50%)$42,303105 (8%)$4,923
2014-15653 (48%)$45,806133 (10%)$5,257
2015-16688 (50%)$48,126134 (10%)$5,365
2016-17698 (51%)$50,897125 (9%)$4,962
2017-18813 (51%)$52,542128 (8%)$5,025
2018-19874 (56%)$55,827102 (6%)$5,056
2019-20819 (53%)$59,13489 (6%)$5,262
2020-21733 (58%)$58,71562 (5%)$4,968
2021-22920 (52%)$63,523100 (6%)$4,926
Average764 (52.11%)$52,986109 (7.56%)$5,083
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.
The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 249 (16.89 % of students) received Pell (federal) grants and its average amount is $4,778.
In addition, 7 students received State/local government grants/scholarships (1.00 % of students).
Year Federal (Pell) GrantsOther Federal State/Local governmentInstitutional
Number Received (percent)Average AmountNumber Received (percent)Average Amount Number Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14155 (11%)$4,18181 (6%)$3,95412 (1%)$1,660676 (50%)$40,904
2014-15196 (14%)$4,541122 (9%)$4,00012 (1%)$2,492653 (48%)$43,650
2015-16226 (17%)$4,655135 (10%)$3,9364 (0%)$500685 (50%)$46,022
2016-17214 (16%)$4,639110 (8%)$4,0001 (0%)$3,500695 (51%)$49,051
2017-18254 (16%)$4,910141 (9%)$3,966--812 (51%)$50,382
2018-19312 (20%)$4,928146 (9%)$3,986--874 (56%)$53,402
2019-20307 (20%)$4,932144 (9%)$4,000--819 (53%)$56,581
2020-21262 (21%)$5,055468 (37%)$1,654--730 (58%)$56,082
2021-22311 (17%)$5,163142 (8%)$3,592--919 (51%)$61,290
Average249 (16.89%)$4,778165 (11.67%)$3,6767 (1.00%)$2,038763 (52.00%)$50,818
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students..
The following table describes number of students and average amount of loans by loan type. The following table shows the trends of grants or scholarships over time.
For the last 10 years, on average, 109 (7.56 % of students) get any students loan help and its average loan amount is $109.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14105 (8%)$4,923101 (7%)$5,0214 (0%)$2,425
2014-15133 (10%)$5,257131 (10%)$4,7017 (1%)$11,902
2015-16134 (10%)$5,365131 (10%)$5,2856 (0%)$4,414
2016-17125 (9%)$4,962121 (9%)$4,8806 (0%)$4,958
2017-18128 (8%)$5,025128 (8%)$5,025--
2018-19102 (6%)$5,05699 (6%)$5,1063 (0%)$3,415
2019-2089 (6%)$5,26288 (6%)$5,2881 (0%)$3,000
2020-2162 (5%)$4,96860 (5%)$4,8793 (0%)$5,094
2021-22100 (6%)$4,92697 (5%)$4,9853 (0%)$3,048
Average109 (7.56%)$5,083106 (7.33%)$5,0194 (1.00%)$4,782
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