From the Yale Daily News: Yale College Dean Pericles Lewis announced on Wednesday morning that the two non-competitive opportunities for undergraduates receiving financial aid to obtain funding to travel abroad, participate in internships or conduct research will be reduced to one after summer 2026. Beginning in summer 2027, the International Study Award and the Summer Experience Award will be replaced by a non-competitive, one-time-use Summer Experience Grant, which will fund “one approved summer program, including Yale Summer Session Abroad, research and internships,” according to Lewis’ email announcement. The change is a part of Yale College’s effort to reduce its budget in anticipation of the endowment tax hike, Lewis wrote in the announcement.
“You could reduce financial aid during the academic year, but that would mean that some students who were needy would either have to pay more or might choose to go to one of our peer institutions that was more generous,” Lewis said in an interview. “I figured among all of the options, the best option was to reduce summer support rather than support during the academic year.” ...
Full story at https://yaledailynews.com/blog/2025/11/13/yale-halves-chances-for-financial-aid-recipients-to-claim-summer-funds/.
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