Over half of new foreign students got financial aid
Over 60% of the non-Canadian foreign students admitted to the Class of 2005 received financial aid from Yale, thanks to a new policy that extended the University's "need-blind" admissions policy to applicants from abroad.
For years, Yale admitted U.S. and Canadian students without regard to their ability to pay for their education, and has fully met the demonstrated financial need of each student.
Last November, Yale announced that, in order to ensure it attracts the strongest candidates for undergraduate admission from around the world, the University was extending the need-blind policy to include all students regardless of nationality.
"From now on, when students from any part of the globe have the intelligence, dedication, thoughtfulness and creativity to be admitted here, Yale will make sure that they can afford to come," said Yale College Dean Richard H. Brodhead in the November announcement.
The number of non-Canadian foreign students entering the freshman class rose from 81 last year to 95 this year. Including Canadians, 9.8% of this year's class are foreign students.
The number of those receiving financial aid has increased from 24.7% for the Class of 2004 to 62.1% for the Class of 2005. Students from India (8) and China (7) are the most frequently represented in this category. Incoming freshmen receiving financial aid hail from every continent and 31 countries, including Pakistan (2), Ghana (3), Ecuador (1), Jamaica (3), Sri Lanka (2), Korea (3), Turkey (2) and Bulgaria (3).
For the 2001-02 academic year, Yale expects to devote $30.9 million to financial aid grants for undergraduates. About 40% of students qualify for financial aid from Yale. The average student grant for the Class of 2005 is $16,930 per year, and some students of limited means qualify for grants in excess of $31,000.
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