Yale University reported a 3.8% tuition increase for the 2022-23 academic year, based on the latest available data, according to the latest disclosure from the National Center for Education Statistics.
Students enrolled at the private, nonprofit university paid $62,250 for the year, up $2,300 from the $59,950 tuition charged during the 2021-22 academic year.
Connecticut residents make up approximately 6% of Yale’s undergraduate population, while about 80% come from other U.S. states and 14% are international students.
Financial aid was awarded to 57% of full-time undergraduates who began studies at Yale in 2022-23. A total of 837 students received grants or scholarships amounting to $49.4 million, and 93 students took out loans exceeding $488,823.
Across the entire undergraduate body, 3,674 students benefited from grants or scholarships totaling $223.5 million. Additionally, 387 students borrowed $2.4 million in federal student loans.
Undergraduate education costs have seen a significant increase over the past few decades. Data shows a 169% rise in the average total cost, including tuition, fees, room, and board, between 1980 and 2020.
According to a 2023 College Board report, in-state students at public universities paid an average of $11,260, while out-of-state students paid $29,150 in the 2023-24 academic year.
Meanwhile, student loan debt has steadily increased over the last 30 years, reaching $1.75 trillion in 2024, averaging a total of $28,950 per borrower. Federal loans make up 92% of the debt, with over half of students at both public and private four-year colleges graduating with student loans.
Available data sometimes exceeds 100% due to rounding and administrative calculations.
The following data includes only full-time students who began an undergraduate program at the Yale University in the 2022-23 school year.
| Type of Aid | Number of students awarded aid | Percent awarded aid | Total amount of aid awarded | Average amount of aid per student |
|---|---|---|---|---|
| Federal grants | 312 | 20% | $2.3 million | $7,474 |
| State / local grant or scholarship | 0 | 0% | $0 | $0 |
| Institutional grants or scholarships | 836 | 54% | $47.1 million | $56,357 |
| Grant or scholarship aid total | 837 | 54% | $49.4 million | $59,076 |
| Federal student loans | 93 | 6% | $488,823 | $5,256 |
| Other student loans | 0 | 0% | $0 | $0 |
| Student loan aid | 93 | 6% | $488,823 | $5,256 |
| Total student aid | 880 | 57% | $49.9 million | $56,744 |
Information in this story was obtained from the National Center for Education Statistics. The source data can be found here.
