Should scholarship need exceed the supply of funds, additional loans are made available. Additional financial support in the form of loans, scholarships, or employment must be made known to the Student Financial Aid Officer and may result in a proportionate reduction of school support. If a student does not report changes, his or her financial aid file is subject to review by a Disciplinary Committee and all financial aid may be canceled and the incident reported. Copies of all schedules of both student and parental income tax and W-2 forms or a statement of earnings for the previous fiscal year are required for all students on aid. Copies of social security benefits, unemployment compensation, and retirement benefits of both student and parents are required for all students on aid.
All information is verified in accordance with federal regulations.
All information in individual student financial aid folders is strictly confidential and is used only for the purpose of determining and administering the student's aid. It is understood that allocations of financial aid are held as binding commitments only insofar as the original data on which these allocations were based are correct. Loan program to cover part of their educational expenses. These loans are normally repaid over a ten-year period beginning six months after borrowers complete their education. Students can obtain these loans from Yale University, a local bank, or other participating agencies.