Yale University Yale University Yale University is an American private Ivy League research university in New Haven, Connecticut. Founded in 1701, it is the third-oldest institution of higher education in the United States and one of the nine Colonial Colleges chartered before the American Revolution. Chartered by Connecticut Colony, the "Collegiate School" was established by clergy to educate Congregational ministers. It moved to New Haven in 1716 and shortly after was renamed Yale College in recognition of a gift from British East India Company governor Elihu Yale. Originally restricted to theology and sacred languages, the curriculum began to incorporate humanities and sciences
Ivy League 2014, 69% of incoming freshmen students at Yale College came from families with annual incomes of over $120,000, putting most Yale College students in the upper middle and/or upper class. (The median household income in the U.S. in 2013 was $52,700.) In the 2011–2012 academic year, students qualifying for Pell Grants (federally funded scholarships on the basis of need) comprised 20% at Harvard, 18% at Cornell, 17% at Penn, 16% at Columbia, 15% at Dartmouth and Brown, 14% at Yale, and 12% at Princeton. Nationally, 35% of American university students qualify for a Pell Grant. Ivy champions are recognized in