What is the Law School Fund and Why Does Yale Law School Need My Support?
Why Support YLS?
• Academic Excellence and Intimacy are Expensive: Yale Law School’s identity and reputation for academic excellence is inextricably bound to its small size, superb students and faculty, and extensive programs. It must be this way, and without alumni support, Yale Law School would be faced with three choices, all of them ruinous to its mission: vastly reducing its intellectual ambitions; drastically increasing class sizes; or, quite starkly, tripling tuition.
• Compared to most institutions, Yale Law School is rich—but the YLS experience is expensive to produce and requires great resources. Tuition only covers about one-third of the cost of your education. In other words, if you were to pay for the full cost of your education, tuition would be $153,000 a year! The difference is made up each year by contributions from alumni who give to keep Yale Law School what it is and help make your education possible. Now is your opportunity to do the same for the students of tomorrow.
• The Law School draws on revenue from three main sources: tuition, income from endowment, and gifts for current use. Tuition contributes approximately 33% of revenue, the Law School endowment provides approximately 52% of revenue (the School’s endowment is approximately $985 million), and, current use gifts from alumni and friends provide most of the balance of revenue annually.
• Yale Law School has been very fortunate with the amount of support it has received, from its founding through today, from alumni and friends and has benefited greatly from the successful investment of its endowment. But there is no point at which the School is “too rich” or doesn’t need money. YLS needs tremendous financial resources to produce talented graduates, to remain competitive and attractive to today’s brightest students and to do all that it aspires to do each and every year.
• Yale Law School is NOT Yale University. The Law School is financially independent from the University and must generate its own revenue—through tuition, income from endowment and alumni support—in order to operate each year. Funds raised by Yale Law School benefit only the Law School.