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Need-Based Financial Aid
Yale Young Global Scholars provides need-based financial aid to students with demonstrated financial need, which is offered as a discount on tuition (up to $6,000 USD, 100% of tuition). The application for financial aid is included in the online program application and must be completed by the 2018 application deadline.
In order to qualify for our need-based financial aid, applicants must submit detailed financial information, and it is recommended that parents or guardians of applicants help students complete the required financial information. Last year, approximately one third of program participants received partial to full financial assistance to attend the program. Unfortunately, YYGS financial aid cannot cover travel expenses, and we cannot guarantee financial aid to all those who apply for it.
YYGS will waive the application fee if it would constitute a significant financial burden for the student’s family. The application fee waiver form must be submitted with the financial aid portion of your application.
In all cases, applicants must provide:
- all annual household income for the past three years, the number of individuals in the household, as well as other information relating to your household’s financial status
- a statement of need explaining why the applicant is applying for need-based financial assistance to attend the program
- additional supporting documentation, which varies depending on if you are a U.S. applicant or international applicant
- YYGS reserves the right to request more documentation if necessary
For U.S. applicants, supporting documentation should include your parent or legal guardian’s federal income tax return from the most recent year available (2016 or 2017).
For international applicants, supporting documentation should include at least one or more of the following (please submit as many as can be conveniently be provided):
- copy of the most recent income tax forms from the country where your parents/legal guardians pay taxes
- a letter from parents/legal guardians employer stating position, salary, all benefits, and years of service
- a letter from a bank stating the amount of funds available to parents/legal guardians or applicant
- a copy of an award of any scholarship or loans that the student receives
We encourage students from all financial backgrounds to apply for the Yale Young Global Scholars Program. If you have any questions regarding the requirements, please contact us.
TRAVEL COSTS ARE NOT INCLUDED in program tuition or the financial aid package, except in rare exceptions as outlined below under the ‘Scholarships’ header.
Thanks to generous donors, YYGS is able to offer various full-tuition scholarships that may also cover travel costs. In order to be considered for one of these scholarships, you must fulfill the scholarship’s eligibility requirements and complete the need-based financial aid portion of the online application.
Scholarships that will be offered to students for summer 2018 include:
18 YYGS-Qooco Scholarships will be awarded to students from China, Indonesia, Japan, Malaysia, Myanmar, South Korea, Taiwan, and Thailand. The scholarship covers full tuition costs and related travel expenses for students to attend any of the seven YYGS sessions offered in 2018.
15 YYGS-Arconic Scholarships will be awarded to students from China. The scholarship will cover full tuition costs for students to attend the Asia in the 21st Century session in Beijing, China.
Young Leaders (YL) Scholarship
YL Scholarships will be awarded to students who go to school in the Middle East or North Africa, and to students who are considered *refugees.
*A refugee is someone who has been forced to flee his or her country because of persecution, war, or violence. A refugee has a well-founded fear of persecution for reasons of race, religion, nationality, political opinion or membership in a particular social group.
In order to receive information about YYGS scholarships, please sign up for our newsletter.
YYGS Fundraising Manual
In addition to receiving scholarship money, there are many ways to bridge the financial gap and raise funds to cover remaining costs. Each year, admitted students work with their extended families, friends, neighbors, schools, and community organizations to raise funds for tuition and travel to YYGS. We have put together a “tips” guide to assist your planning activities.
Download the YYGS Fundraising Manual here.