Billing and Payment of Tuition and Fees

 

Welcome Class of 2021!

Below is important information concerning the billing and payment of your Yale tuition and fees. Please be sure to share this information with your parents or others who may assist with payment of your educational expenses. All of this information can also be found on the Students Accounts website.

The tuition, room and board rates for Yale College for the 2017-2018 academic year are:

Tuition  $51,400
Room  8,700
Board  6,800
Total $66,900

Fall term bills, which contain fall term tuition, room and board, are prepared in early July and due the first business day of August. Spring term bills, which contain spring term tuition, room and board, are prepared in early November and are due the first business day in December. The Office of Student Financial Services will impose late fees of $125 per month (up to a total of $375 per term) if any part of the term bill, less Yale-administered loans and scholarships that have been applied for on a timely basis, is not paid when due.

The official means of communicating monthly student account statements (bills) is online through the University’s electronic billing and payment system, Yale University eBill-ePay. Yale does not mail paper bills. Student account statements are prepared monthly, at the beginning of each month, with payment due in full by 4 p.m. Eastern time on the first business day of the following month. Each month when the statements are generated, email notifications indicating that the new account statement is available on the eBill-ePay website are sent to all students at their official Yale email addresses and to all student-designated eBill-ePay proxies. 

Students can give others proxy access to the eBill-ePay system to view the monthly student account statements and make online payments. Please set up any proxies (parents and others) you may want within the eBill-ePay system as soon as possible but no later than June 15. This will allow them to receive an email announcement of the availability of the fall 2017 term bill during the first week in July. In order to avoid late fees, this bill must be paid in full by August 1. Instructions for setting up proxy access and authorization can be found here.

There are a variety of options offered for making payments. Yale University eBill-ePay is the preferred means for payment of bills. Electronic payments are easy and convenient and can be made by anyone with a U.S. checking account. There is no charge to use this service. Bank information is password-protected and secure, and there is a printable confirmation receipt. Payments are immediately posted to the student account, which allows you to make payments 365/24/7 up to 4 PM ET on the due date of the bill, from any location, and avoid late fees.

For those who choose to pay the student account bill by check, a remittance advice and mailing instructions are included with the online bill available on the eBill-ePay web site. All bills must be paid in U.S. currency. Checks must be payable in U.S. dollars drawn on a U.S. bank. Payments can also be made via wire transfer. The wire transfer instructions are available on the eBill-ePay web siteYale does not accept credit card payments.

In addition to the above payment methods, Yale also offers a payment plan option which allows families to spread the payments for the term bills over a period of months without incurring interest charges. The cost to enroll in the YPP is $100 per contract. The deadline for enrollment is June 25. Details concerning the Yale Payment Plan (YPP) can be found at http://student-accounts.yale.edu/ypp. If you enroll in the YPP, each month you will receive both the student account statement through eBill-ePay and a YPP monthly statement.

If you have any questions regarding the above matters, please visit our website at student-accounts.yale.edu or contact us at www.yale.edu/sfs/contactus.

Student Financial Services