Financial Aid Policy

Thanks to an extremely generous gift from the David Geffen Foundation in 2021, all full-time students in degree and certificate programs will receive 100 percent tuition support, beginning in the 2021–22 academic year, and in perpetuity. In addition to full tuition support, the School also has a need-based financial aid policy to ensure that all qualified students with demonstrated financial need will have the opportunity to attend Yale.* Each year, the School awards a substantial amount of financial aid, totaling more than $8 million in 2021–2022.

Financial aid for living expenses and books and supplies is awarded on the basis of demonstrated financial need. After tuition scholarship is applied, financial need is calculated as the difference between the cost of living expenses, books, and supplies, and the assessed student and parental contributions. The financial aid award consists of a combination of tuition scholarship, work-study employment, and living expense scholarship. As of the 2021–2022 academic year, the average student with demonstrated high financial need receives from the School tuition scholarship, work-study employment, educational loan, and living expense scholarship, providing 91 percent of the cost of attendance over three years. The average student with demonstrated moderate financial need receives from the School tuition scholarship, work-study employment, educational loan, and living expense scholarship providing 80 percent of the cost of attendance over three years. The average student with demonstrated low financial need receives tuition scholarship, work-study employment, educational loan, and living expense scholarship providing 67 percent of the cost of attendance over three years.

Students who do not qualify for need-based financial aid will receive full tuition scholarship and work-study employment and may be able to receive assistance through various supplemental loan programs as needed.

All students from the classes of 2022, 2023, and 2024 who elect to stay for a fourth year of training, offered as a result of the impacts of the COVID-19 pandemic, will receive from the School tuition scholarship, work-study employment, and living expense scholarship providing 100 percent of the cost of attendance for that year.

*All information in this section is typical of the 2021–2022 academic year. It may differ from year to year depending on changes in federal regulations, the cost of living, and available financial resources.

Statement on Confidentiality

Requirements of David Geffen School of Drama’s need-blind admission policy as well as Yale’s Policy on Student Records ensure the confidentiality of applicants’ and their families’ economic circumstances. Access to personally identifiable financial aid materials—including applications, financial aid transcripts, financial aid award letters, and loan applications—is limited to Financial Aid Office personnel and members of the Financial Aid Committee.

Determination of Need and Financial Aid Award

The School’s Financial Aid Office makes financial aid awards which, when added to full tuition scholarship, work-study employment, and any funds that are expected from students, their spouses, their families, and other available sources, should enable students to meet the basic costs of attending Yale for the nine-month academic year.

Student and Family Resources

Student Assets

Students are responsible for contributing toward their living expenses at David Geffen School of Drama. Financial aid recipients are expected to use a portion of their savings, assets, and/or income during each year of enrollment at the School. If a student’s assets increase, the expected contribution from these resources will also increase.

Student Income

It is assumed that students will contribute to their own support an amount based on their annual earnings. The minimum required student contribution is $2,000. Spouses of married students who are not themselves students, have no dependent children, and are capable of working will also be expected to contribute toward the student’s support from their wages.

Parental Assets and Income

A parental contribution from assets and/or income may also be assessed, regardless of the student’s age, independence, or marital status. The student can replace any expected parental contribution with an additional educational loan, if necessary. We understand that some families may have extenuating circumstances that would require an exception. Students may petition to have their noncustodial parent’s financial information waived in such cases by submitting a Noncustodial Parent Waiver Petition form with supporting documentation. Submission of a waiver petition form does not guarantee that the noncustodial parent’s financial aid application requirements will be waived. If approved, a Noncustodial Parent Waiver does not need to be resubmitted annually. A parental contribution is not assessed from a parent who is deceased.

Other Resources

Other resources such as outside scholarships and Veterans Administration benefits are included among a student’s resources. Students are required to report other resources to the Financial Aid Office. In the event that a student earns an outside scholarship, or other resource, David Geffen School of Drama policy is to first apply the scholarship toward the reduction of the first-year loan, then toward the parental contribution, and then toward the student contribution if applicable. In rare circumstances, if an outside scholarship results in aid above the cost of attendance, our need-based scholarship may need to be reduced since students cannot receive financial aid above the total cost of attendance.

Components of the Financial Aid Award

A financial aid award is determined by first establishing a standard budget, or cost of attendance. Using a set of formulae developed by the U.S. Congress, called the Federal Methodology, as well as formulas developed by the College Board, a calculation of a student’s resources and expected family contribution, if applicable, is determined. After tuition scholarship is applied, demonstrated financial need is calculated as the difference between a student’s cost of living expenses, books, and supplies, and the student’s personal and family contribution. Under no circumstance may financial aid exceed a student’s total cost of attendance.

Students’ financial need is reassessed annually, because personal and family circumstances may change materially from year to year. After the successful completion of the first year and assuming that there are no changes in the student’s demonstrated financial need, the School’s policy is to eliminate the required loan from the need-based calculation after the first year. For many students this will result in an increase in living expense scholarship after the first year. In other cases, students may not see a significant increase, due to their calculated demonstrated financial need.

Work-study The work-study component of the financial aid award consists of a combination of 150 assigned hours and elective work-study hours from jobs within the School, Yale Repertory Theatre, and Yale Cabaret. All students and technical interns (excluding special students and special research fellows) are expected to complete work-study jobs ranging from 185 to 220 total hours in the 2021–2022 academic year. Work-study earnings are paid weekly or semi-monthly. Students and technical interns on financial aid who fall short of earning their assigned hours of work-study as a result of conflicting commitments to the School or Yale Repertory Theatre, or other extenuating circumstance such as illness or injury, are eligible to request a conversion of their remaining unearned hours (up to 150) into grant.

Educational loans Educational loans make up an important part of many aid awards and are only available during the nine-month academic year. The basic loans are issued through the federal student loan programs and various private supplemental loan programs. Private supplemental loan programs offer funds to students who are not eligible for the federal loan programs. A student may borrow the expected student contribution and any expected parental contribution if needed. Students may also apply for loans for travel home, once per term, during a recess period. Students interested in seeking additional loans for these purposes should consult with the Financial Aid Office. Students in a certificate program should contact the Financial Aid Office for information on federal loan guidelines and restrictions that apply to certificate programs. The deadline to apply for educational loans is ten business days before the end of the spring term, May 7, 2022.

Tuition scholarships Thanks to a generous gift from the David Geffen Foundation in 2021, all full-time students in degree and certificate programs receive 100 percent tuition support. Eligibility for tuition scholarship assistance is ordinarily limited to six terms of study for M.F.A./certificate programs; two terms of study for the Technical Internship program; and ten terms of study for the D.F.A. program; exceptions are extremely rare.

Living expense scholarships When the total amount of the student contribution, parental contribution, work-study employment, and tuition scholarship do not meet a student’s full financial need, a living expense scholarship is awarded. This scholarship assists with living expenses as well as books and supplies and is paid in two installments, the first at the start of the fall term and the second at the start of the spring term. The cost for books and supplies varies by academic discipline.

Living Expenses 2021–2022

Expense type 1-month estimate 9-month estimate
Rent 875 7,875
Utilities (electric, heat, water) 160 1,440
Communications (broadband internet + phone) 200 1,800
Food 480 4,320
Yale Health Hospitalization/Specialty Coverage* 294* 2,650*
Other Expenses 120 1,080
Total Estimated Living Expenses $2,129 $19,165

*Yale Health Hospitalization/Specialty coverage is for twelve months.

Federal tax scholarships for international students For international students from countries that do not have a tax treaty with the United States, any scholarship above the cost of tuition will be taxed. In order to support international students who are taxed, the School will process a federal tax scholarship only in the first year that the tax is assessed in order to help cover the cost of this tax burden. All international students and scholars are required to file a U.S. federal tax return; international students who receive a tax refund are expected to apply that refund toward any future tax burden while at the School.

Financial Aid Application Procedures

Applicants must complete all the applicable requirements (U.S. citizen/permanent resident or international student) in order to be evaluated for need-based financial assistance for living expenses, books, and supplies.

U.S. Citizens/Permanent Residents

FAFSA

All students requesting need-based financial assistance who are U.S. citizens or eligible non-citizens are expected to file a Free Application for Federal Student Aid (FAFSA). This is essential for establishing eligibility for federal financial aid programs, including Federal Work-Study and federal loan programs. For efficiency and accuracy, complete the application online at https://fafsa.ed.gov.

  1. File a 2022–2023 Free Application for Federal Student Aid (FAFSA) by March 28, 2022, at https://fafsa.ed.gov. Yale’s federal school code is 001426, which is necessary to complete the FAFSA and to ensure that the School receives the processed information electronically.

    College Board

    All students wishing to be considered for federal work-study, federal loans, and need-based financial assistance must file their application online at www.collegeboard.org.

  2. File a 2022–2023 College Board CSS/Financial Aid PROFILE® application by March 28, 2022, at www.collegeboard.org.

    Federal Tax Returns

    All students must submit a signed copy of their and their parents’ federal tax returns.

  3. Mail signed copies of your (the student’s) and your parents’ 2020 federal income tax returns by March 28, 2022. Please include copies of all W-2s and any schedules. These documents may be emailed rather than mailed, if desired.

International Students

College Board Application

All international students requesting need-based financial assistance are expected to file the College Board application. The form is essential for establishing eligibility for need-based assistance.

  1. Complete the College Board CSS/Financial Aid PROFILE® application by March 28, 2022, at www.collegeboard.org.

    Federal Tax Returns and/or Income Statements

  2. Mail signed copies of your (the student’s) and your parents’ 2020 tax documents and income and bank statements (U.S. and home country) by March 28, 2022. Please note that if any documents are not in English, you must provide a notarized English translation in addition to the original documents. These documents may be emailed rather than mailed, if desired.

Visa Documentation

In order to receive visa documentation, international students must submit proof that income from all sources will be sufficient to meet expenses for one year of study. Evidence of funds may come from a combination of the following sources: affidavit from a bank, copy of a financial aid award letter stating that financial assistance has been offered, certification by parents of their ability and intention to provide the necessary funds, or certification by employer of anticipated income.

Financial Aid Application Deadlines and Mailing Address

The deadline for submitting all financial aid applications and mailing tax returns/income information is March 28, 2022.

The Financial Aid Office cannot guarantee that an award letter will be issued before August 1, 2022, if the financial aid application is submitted after the March 28 deadline.

The mailing address to which all forms should be sent is: Financial Aid Office, David Geffen School of Drama at Yale University, 149 York Street, Room 101A, PO Box 208325, New Haven CT 06520-8325.

Student Responsibilities under Federal Programs

All students who receive funds through a federal program must certify to the following: that any funds received will be used solely for expenses related to attendance at David Geffen School of Drama; that they will repay funds that cannot reasonably be attributed to meeting those expenses; that they are not in default on any student loan nor owe a repayment on a federal grant. Continued eligibility for financial aid requires that students maintain satisfactory progress in their courses of study according to the policies and practices of David Geffen School of Drama.

Veterans’ Education Benefits

Students seeking general information about veterans’ education benefits should contact the U.S. Department of Veterans Affairs via the web at http://benefits.va.gov/gibill for eligibility information.

David Geffen School of Drama participates in the Yellow Ribbon Program under the Post-9/11 GI Bill®, which allows it to enter into an agreement with the Veterans Administration to fund education expenses to eligible individuals who apply to the program. Students should contact the School’s registrar for enrollment certification.

No prior course credits are accepted for the successful completion of the program of study in any of the eight theatrical disciplines offered at the School. This includes the Master of Fine Arts, Certificate in Drama, and one-year special student and one-year Technical Internship Certificate. However, veterans who leave the School and are later readmitted pursuant to the U.S. Military Leave Readmissions Policy (discussed in the chapter Training at David Geffen School of Drama: A Policy Overview) will receive credit for all School course work completed prior to their leave, and these veterans will return to Yale with the same enrolled status last held and same academic status. The School maintains written records of course work completed by eligible veterans before their leave to ensure that appropriate credit is granted upon their return to the School.

Emergency Loans and Grants

Sometimes an emergency situation arises in which a small amount of money is needed for a short length of time. The Financial Aid Office may be able to assist any student, whether receiving need-based financial aid or not, in such a situation by providing an emergency loan in an amount up to $350. Such loans are available for a reasonable amount of time, not to exceed sixty days. Students facing genuine emergency situations should apply to the Financial Aid Office for such an emergency loan. In rare cases, a student may apply to the Financial Aid Committee for an emergency grant, typically not to exceed $1,000. Emergency grants are most commonly used for sudden travel related to a family emergency or bereavement. Emergency grants may also be used for sudden repair of technology that is necessary for a student’s academic program. Documentation of expenses (i.e., estimates and/or receipts) is required for all grant requests. Emergency loans and grants are only available during the nine-month academic year. The deadline to apply for an emergency grant is May 20, 2022, the last business day of the spring term.

Computer loan In accordance with federal regulations for Title IV funds, a student’s cost of attendance budget may be increased for a computer purchase, one time only, during their attendance at the School. Students must submit an estimate to the Financial Aid Office for pre-approval of the loan prior to the purchase, as well as a receipt for documentation after the purchase is completed. The computer loan cannot exceed $3,500.

Students Who Do Not Qualify for Financial Aid

Eligibility for receipt of David Geffen School of Drama assistance or most forms of federal financial aid is limited to students who are enrolled in programs that yield either a degree or a certificate. At present, certain students, including those attending the School of Drama as special students and special research fellows on a full-time basis, are not eligible for financial aid according to the federal guidelines but may be eligible to apply for assistance under various supplemental loan programs through their individual banks. Although special students and special research fellows are eligible for and may choose to accept work-study employment, they are not required to work. For more information, please contact the School’s Financial Aid Office.