University | 2:03 pm | March 15, 2012 | By Andrew Giambrone

Cost of attending Yale up 4.9 percent

A video about Yale financial aid reassures viewers that need will be met.
A video about Yale financial aid reassures viewers that need will be met. Photo by vimeo.

The cost of attending Yale will jump 4.9 percent this year, according to the 2012-’13 term bill released this Tuesday.

Tuition will cost $42,300 — up from $40,500 — while room and board will cost $7,150 and $5,850, respectively — up $6,700 for room and $5,500 for board.

With the rise in overall cost, Yale’s undergraduate financial aid budget will increase $120 million, up 2.5 percent from $117 million in 2011-’12.

Freshmen on financial aid will be expected to contribute $2,700 to their education, down from $3,000. Self-help for upperclassmen is up to $3,200.

See all the changes here.

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