Financial Aid

To apply for a federal student loan or federal work study, students must complete the FAFSA (Free Application for Federal Student Aid). Yale School Code: 001426

After receiving the information requested above, the Financial Aid office is able to determine how much a student is eligible to borrow and how to proceed. For more information on federal loan options available to U.S. citizens or permanent residents, visit finaid.yale.edu/graduate-aid/loans.

Students coming from countries which have currency restrictions should make necessary arrangements before arriving so that they will have access to funds to be used for living expenses. Also, before an I-20 will be issued, students must give appropriate evidence of support. If you are being supported by a foreign government or agency, you must have a signed statement attesting to the level and time period of your support. Unfortunately, there are no federal loans available to international students.

There are many jobs available to students on- and off-campus, in teaching, operations, and administration. Current YSM students should go to ArtsVision for more information about teaching community lessons and gigs.

The U.S. Department of Education requires colleges to disclose a variety of information for any financial aid eligible program that “prepares students for gainful employment in a recognized occupation”. At the School of Music, the Certificate in Performance program is subject to this regulation. The information provided here describes the graduation rates, the median debt of students who completed the program, and other important information regarding gainful employment.

Cost

How much will the Certificate in Performance program cost me?
Tuition and fees: $102,000
Books and supplies: $5,580
On-campus room & board: $36,000

What other costs are there for this program?
Health Insurance: $7,350

*The amounts shown above include costs for the entire program, assuming normal time to completion. Note that this information is subject to change.

How much will the Artist Diploma program cost me?
Internal – one year

Tuition and fees: $34,000
Books and supplies: $750
On-campus room & board: $12,000

What other costs are there for this program?
Health Insurance: $2,450

External- two years

Tuition and fees: $68,000
Books and supplies: $1,500
On-campus room & board: $24,000

What other costs are there for this program?
Health Insurance: $4,900

Financing

What financing options are available to help me pay for this program?
Financing for this program may be available through grants, scholarships, loans (federal and private) and institutional financing plans. The median amount of debt for program graduates is shown below:

Federal loans: *
Private education loans: *
Institutional financing plan: *

*There were fewer than 10 graduates in this program. Median amounts are withheld to preserve the confidentiality of graduates.

Success

How long will it take me to complete the Certificate in Performance program?
The program is designed to take 3 years to complete. Of those that completed the program in 2018-2019, *% finished in 3 years.

*Fewer than 10 students completed this program in 2018-2019. The number who finished within the normal time has been withheld to preserve the confidentiality of the students.

How long will it take me to complete the Artist Diploma program?
The program is designed to take 1 year to complete for internal students. Of those that completed the program in 2018-2019, *% finished in 1 year.

*Fewer than 10 students completed this program in 2018-2019. The number who finished within the normal time has been withheld to preserve the confidentiality of the students.

The program is designed to take 2 years to complete for external students. Of those that completed the program in 2018-2019, *% finished in 2 years.

*Fewer than 10 students completed this program in 2019-2020. The number who finished within the normal time has been withheld to preserve the confidentiality of the students.

Billing + Account Statements

Yale University uses an electronic billing and payment system. You will be notified when your e-bill is ready through your Yale email account. You may also access your e-bill through the Yale Student Information System (SIS). It is the student’s responsibility to monitor and review their monthly account statements.

Tuition and fees for the fall term are billed on or about July 1 and payment is due the first business day of August. Likewise, the spring term is billed on November 1 and payment is due the first business day of December. A late fee of $125 per month is assessed if the balance due is not paid in full by the due date. Late fees are assessed on the August, September, and October statements for the fall charges and December, January, and February for the spring term charges.

Financial aid (scholarship + loans) will appear on the account statements as anticipated credits, provided your signed financial aid form is received by the due date. It could be your financial aid is enough to cover your balance due and you will not have a payment due for the August due date. Financial aid is split evenly between the fall and spring term.

Refunds of Credit Balances

If your financial aid exceeds your balance due and a credit balance is created, you may request a refund of the credit balance to use for your living expenses. You must request the refund through the SIS website by clicking “Student Accounts” and then “Refund Request from Student Account”.

Refunds are disbursed in one of two forms: check or electronic funds transfer. Note that if you request a check, there is a 3-day waiting period before a check can be issued. The quickest and way to receive your refund is through Electronic Funds Transfer/Direct Deposit. You should sign up for Direct Deposit on the SIS website by filling out the form and providing your bank information (checking account number and routing number). Then, request your refund from the Student Accounts section. The refund will be processed within 48 hours.

Please be aware that even though you can request your refund at any point after your netID is activated, the refund will not be processed until the first day of classes.

The Registrar is the VA School Certifying Official for School of Music. If you are eligible for educational benefits under any of the chapters of the GI Bill®, please provide your Certificate of Eligibility from the VA and a copy of your DD214, and which chapter you are requesting benefits. For more information regarding VA education benefits, or for questions specific to your eligibility, please visit the U.S. Department of Veteran’s Affairs. For information about Yale University’s participation in the VA program, please visit the University’s Financial Aid website.

The Belding Fund provides some financial assistance to current YSM students who travel for professional engagements, including performances, auditions, and competitions.