An applicant seeking financial assistance should complete by the end of February all requested financial aid applications and documents, including student and parental tax statements for 2007, to comply with the School’s April 1 deadline for receipt of processed data. Individuals in default of a student loan will not be granted a financial aid award until clearance of such a default is provided to the School. Financial aid, whether in the form of loan, scholarship, or job, is authorized contingent upon the student’s maintaining a satisfactory grade in all academic work during each term.

In conformity with University policy, financial assistance is determined only after a student has been accepted for admission and is awarded solely on the basis of financial need and available resources within the Yale School of Art. There are no scholarships based on merit or any criteria other than financial need. For the purpose of awards, the School determines need in accordance with formulas established by federal and institutional methodologies.

Financial Aid Data Required by the Yale School of Art

U.S. Citizens

The School of Art requires two financial aid application forms and income information:

1. The Free Application for Federal Student Assistance (FAFSA). An applicant must complete FAFSA online at www.fafsa.ed.gov. The Yale University School of Art FAFSA Code is 001426. If you have any technical questions about the FAFSA application, please call 800.433.3243.

2. The Need Access application. The Need Access application is online at www.needaccess. org. Applicants should complete their data by the end of February because it can take two to four weeks for materials to be processed and sent to us. If you have any technical questions about the Need Access application, please call 800.282.1550.

3. 2007 Federal Tax Return/Income Information. Submit a signed copy of the 2007 federal tax return with W-2s and schedules for the prospective student and both parents regardless of the age or dependency of the student. All 2006 tax data must be received at the School by April 1, 2008. For those who have not completed their tax forms by that date, a signed draft and photocopies of all W-2s and other attachments required by the IRS may be submitted until a final version is available.

Tax information from applicants and all parents, regardless of age or dependency of the applicant, is required in order to complete the forms and to make awards. Applicants twenty-five or younger must have each of their parents complete the parental section of the Need Access application. Any delay in filing beyond the end of February may affect the receipt of the processed applications by the School; applications received after April 1 will be considered late and therefore may not be eligible for the scholarship component of the award.

International Applicants

International students seeking financial aid are required to submit two forms:

1. The International Student Financial Aid Certification, which is available online at www.yale.edu/sfas/financial/0506ISCertFin.pdf.

2. The International Student Financial Aid Application, which is available online at www.yale.edu/sfas/financial/0506ISFinAidApp.pdf.

The School does not provide these forms, which must be returned directly to the Office of Financial Affairs, Yale School of Art, PO Box 208339, New Haven CT 06520-8339, by April 1, 2008. This is the deadline for any applicants seeking financial assistance from the School of Art. The parents and spouses of all international applicants must complete and sign both forms and submit all required bank and tax data regardless of the applicant’s age.

Funds are not available to international students under the federally subsidized loan and job programs. Although some scholarship money may be available, the School cannot provide awards to assist its high-need international students to the full extent of their academic year expenses. International students may apply for private loans through the Gate Y-Loan program at Yale or the Access Loan program at the Web site www.accessgroup.org or by telephone at 302.477.4000.

The Andrea Frank Foundation Sanyu Scholarship Fund was established in June 1998 to provide support to students who are residents of, or who have immigrated to the United States from, mainland China or Taiwan and are matriculating in the Yale University School of Art Master of Fine Arts degree program. An award from this endowed fund—the amount to be determined by available resources in a given year—may be granted to eligible students who have applied for financial aid and who demonstrate financial need.

All Financial Aid Applicants

School of Art awards are based on financial need and the School’s resources; it is for this reason that students are urged to plan their finances for each year with the utmost care. Acceptees should be prepared to cover their anticipated need at the start of the program. The School cannot guarantee additional help once the financial aid award is determined.

A typical single student budget for the nine-month 2007–2008 academic year follows:

$47,432 comprising

— $27,300

— $13,000, Living expenses

— $1,632, Required hospitalization insurance

— $5,500, Books, art supplies, and academic fees

Statement on Selective Service Registration and Anti-Drug Abuse Act Certification

To receive Title IV funds (Stafford, Perkins, or Federal Work-Study [FWS]) a student must complete a Statement of Educational Purpose that either confirms that the individual has registered for Selective Service or states the reason why he or she is not required to do so. If required to do so, a student must be registered with Selective Service. If false information is purposely given on this form, the student may be subject to fine or imprisonment or both (20 U.S.C. 1091 and 50 U.S.C. App. 462). In addition, to receive Title IV funds a student must be willing to certify that his or her eligibility for aid is not currently suspended or terminated for a conviction for drug distribution or possession (section 5301 of P.L. 100-690).

Veterans Administration Benefits

Eligible students are strongly encouraged to seek specific information about Veterans Administration Benefits from their local Veterans Administration office. The School of Art will be happy to assist students with claims once they are enrolled.

Employment

The Student Employment Office, 246 Church Street (www.yale.edu/seo/), assists self-supporting students in obtaining part-time employment within the University. Most work-study jobs are assigned by the School of Art, at the beginning of the term, for employment within the graduate art departments. Many students in the School obtain off-campus freelance or weekly part-time jobs.

Assistantships

Appointments to teaching assistantships are made by the dean and faculty of the School of Art and are usually given only to second-year students. A student may not apply for an assistantship because all appointments are based on individual merit and performance qualifications and not on financial need. A U.S. Social Security number is required in order to be paid as a teaching assistant. Teaching assistantships may be for one or two terms and the gross monthly payments generally range between $400 and $600.