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Yale 101
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Platform for Financial Aid Reform (in .pdf)
Adopted October 27, 2004
We call on Yale to better ensure equality of access, experience, and opportunity for all of its students.
(a.) Yale should increase economic diversity among its students by:
- increasing recuriting in rural and urban low-income areas.
- adopting a policy of not requiring a family contribution from families with an annual income of $40,000 or less, modeled on a policy recently adopted by Harvard University.
(b.) Yale should work to decrease the financial burden on its students by:
- reforming the summer contribution so that it is lower and can be waived at least once, and providing an advising service to help financial aid students find stimulating summer employment.
- decreasing the student self-help amount by half, so that it can be fully paid by a campus job of ten hours per week.
- easing the process of finding a job on campus by reforming the SFS website, giving non-work-study financial aid students perference for on-campus jobs, and offering to pay for some community-service, extracurricular, or non-credit academic endeavors.
- assisting international students and their families by keeping dorms open during winter break and providing resources for more than one trip home over four years.
- easing the burden on families by not considering a primary home as an asset in calculating family contribution, delineating per-parent contributions for students with separated parents, and letting outside scholarships over the student-contribution level go toward the family contribution.
(c.) Yale should increase the transparency and accountability of its financial aid office by:
- introducing a mandatory financial aid information session for first-year students during the first weeks of the fall semester.
- educating freshman counselors on issues of financial aid and economic diversity or assigning an "economic freshman counselor" (based on the model of ethnic counselors) to each college.
- publishing more data relating to the economic makeup of Yale College students.
- committing to a position of leadership among peer institutions in promoting economic diversity and equality among students.
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