In an article yesterday about the Yale College Council’s reaction to the University’s new financial-aid initiative, the News incorrectly asserted that the new aid plan does not modify the summer-earnings contribution required of Yale students who receive financial assistance from the University. While Yale’s news release about the new aid package did not mention the summer contribution, Yale officials said Tuesday that the summer contribution for freshmen will be reduced from $1,850 to $1,200 in order to relieve the financial strain of start-up expenses for the incoming students. Yale’s four-year summer earnings expectation is expected to be lower than that of any other top university, officials said. The News sincerely regrets this error.