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ivy league

Ivy League Financial Aid Policies

Last update December 2011

The following table summarizes the financial aid policies at the 8 Ivy League member schools:

  School

Est. Annual Cost*

Est. Average Aid Package*

% of Students Receiving Aid*

Need-Blind Admissions**  
     
  Brown $56,260 $36,815 About 45% Y  
 
  • Freshmen can begin work-study obligations on July 1 of the year they enroll. All aid to first-year students is in the form of scholarships, grants, or loans.

 
  Columbia $56,310 $33,175 50% Y  
     
  Cornell $57,347 $33,653 49% Y  
 
  • Cornell is committed to meeting 100% of admitted students' demonstrated financial need.
  • A limited amount of financial aid is available for international students.
  • Approximately 84% of freshmen who requested need-based aid in 2011-2012 received some level of assistance.
 
  Dartmouth*** $59,422 $39,373 52% Y  
 
  • Dartmouth is committed to meeting 100% of admitted students' demonstrated financial need.
  • State grants from New Hampshire, Connecticut, Maine, Massachusetts, Pennsylvania, Rhode Island, and Vermont can be used at Dartmouth.
 
  Harvard $56,002 $39,373 61% Y  
 
  • Harvard is committed to meeting 100% of admitted students' demonstrated financial need.
  • Financial aid is available for international students.
  • All applicants are automatically considered for the Harvard Financial Aid Initiative, which expands aid to middle- and lower-income families. Families with annual income below $60,000 are not expected to contribute to educational costs. Families with income between $60,000 and $150,000 are expected to pay zero to ten percent. Families with annual income over $150,000 are expected to pay proportionally more.
 
  Princeton $49,069 $36,411 59% Y  
 
  • Need-blind admissions apply to international students.
  • Princeton adopted a 'no loan' policy in 2001 that commits the University to meeting admitted students' demonstrated financial aid entirely through scholarships, grants, and work-study awards.
 
  Univ. of Pennsylvania $57,360 $35,580 46% Y  
 
  • The University of Pennsylvania is committed to meeting 100% of admitted students' demonstrated financial need.
  • Approximately 82% of freshmen who requested need-based financial aid in 2010-2011 received some level of assistance.
  • Need-blind admissions apply to citizens and permanent residents of the U.S., Mexico, and Canada. A limited amount of need-based aid is available for other international students.
 
  Yale $56,570 $39,270 54% Y  
 
  • Yale is committed to meeting 100% of admitted students' demonstrated financial need.
  • Need-blind admissions apply to international students.
  • Approximately 57% of all undergraduates received need-based financial aid in 2010-2011.
  • Families with annual income of $65,000 or less are not expected to contribute to educational costs.
 

 * Unless otherwise specified, estimated costs are for the 2010-2011 academic year. Costs typically include tuition, room and board, health and other school fees, and personal expenses. Financial aid includes scholarships, grants, loans, and work-study awards.

** A need-blind admissions policy means that admissions decisions are based solely on an applicant's academic and personal merit, without regard for their ability to pay tuition and other educational costs. Unless otherwise noted, need-blind admissions policies typically apply only to U.S. citizens and permanent residents.

*** Estimated costs are for 2011-2012.


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