NEW HAVEN — Yale University has received a record number of applications for the fourth year in a row, with 36,829 high school students seeking one of about 1,570 spots in the class of 2023, according to Admissions Office spokesman Mark Dunn.
The number is 4.3 percent higher than last year’s record of 35,305 applicants, which was itself 7.3 percent larger than in 2017, according to figures supplied by Dunn.
While he said he couldn’t point to an exact reason, Dunn said, “We’ve expanded enrollment. We have two new residential colleges,” which allows
Yale to admit 200 more students each year. “Younger students are inspired by what they see in front of them.”
With more high school seniors being admitted to Yale each year, “I think that will inspire more seniors through their networks” to apply, Dunn said.
Benjamin Franklin and Pauli Murray colleges, which opened in the fall of 2017 and are situated on the north end of campus along Prospect Street between Grove Street Cemetery and Ingalls Rink.
On Dec. 14, Yale offered admission to 794 high school seniors through early action, Dunn said. They have until May 1 to accept the offer, the same date as those who are offered regular admission, to accept Yale’s offer. Regular decision applicants will be notified whether or not they have been accepted online by March 28, Dunn said.
In 2018-19, Yale’s tuition was $53,430 and room, board and other expenses totaled $19,750, for a total of $73,180.
According to the Admissions Office’s website, “Yale financial aid awards meet 100% of demonstrated financial need without any loans. 64% of students receive financial assistance.” Yale also requires all students to meet part of the cost through what it calls Student Effort, which may be met through working, a scholarship from an outside source or a personal loan.
This year’s applicant total is 24 percent higher than the 29,610 seniors who applied to enter Yale in the fall of 2013, according to Dunn. Since then:
The number of applicants from racial or ethnic minority groups has grown 51 percent.
International applicants have increased at about the same rate as U.S. applicants.
Applications from first-generation college students have grown 42 percent.
Those living in lower-income areas have increased 110 percent (the Admissions Office has used a direct-mail campaign to attract those students).
In an emailed statement, Jeremiah Quinlan, dean of undergraduate admissions and financial aid, said, “Given how many factors influence students’ application choices, we never attempt to attribute direct cause and effect relationships between specific strategies and the applicant pool. It is also important to note that our office, and the University’s leadership, do not measure the success of our outreach efforts simply by the number of applications we receive. Quality matters much more to the Admissions Committee than quantity.”
Meanwhile, Yale’s endowment of $29.4 billion, a record for the university, fell to the third largest among U.S. universities as the high price of oil brought the joint endowment of the University of Texas and Texas A&M University up to $31 billion, according to Bloomberg. However, Bloomberg reported that Texas’ total may drop because of the falling price of oil. Also, the University of Texas system totals 235,000 students compared with Yale’s 12,000.
Harvard University has the nation’s largest endowment at $39.2 billion.