Pay for Cornell University*
| Total Avg. Cost | $52,414 |
| Tuition | $37,750 |
| Room & Board | $12,410 |
| Financial Aid Information | |
| Students Receiving Fin Aid | 54% |
| Typical Grant Amounts | |
| State/Local | $2,350 |
| Federal | $6,332 |
| %Receiving Loans | 25% |
| Avg. Other Stud. Loans | $9,165 |
| %Receiving Other Loans | 8% |
Get into Cornell University
| Admission Rate | 19% |
| Total Enrollment | 20,633 |
| Men | 53% |
| Women | 47% |
| Graduation Rate | 92% |
| Application Fee | $70 |
Contact Cornell University
| Address | |
|
Cornell University Ithaca, NY 14853 (607) 255-2000 |
|
| Financial Aid Office URL | |
| http://finaid.cornell.edu | |
| Admissions Office URL | |
| http://admissions.cornell.edu | |
Cornell Financial Aid
About Cornell Financial Aid
Cornell University financial aid has been designed to maintain Cornell University’s competitiveness in attracting a diverse and talented student body. In following Ivy League norms, its financial aid is awarded purely on the basis of need rather than merit, and does not include special scholarships for athletes. As such, Cornell University is able to draw a talented student body including representatives from across the United States and dozens of foreign countries.
Applying for Cornell University Financial Aid
When applying for Cornell University financial aid, you should complete the Financial Aid Application and submit it by the given deadline. The application is comprehensive and includes information about the financial capacity of your family, the marital status of your parents, your personal savings and the expenses associated with your siblings. You are also allowed to outline any special circumstances. Cornell University Financial Aid expects several documents like your bank statements and tax returns to verify the information you provide. Once you are awarded the financial aid, it is understood that you can continue to earn the same over the next 4 years though you are expected to re-apply to account for any changes in your circumstances such as family emergencies or outside grants.
Cornell Financial Aid Packages
Cornell University financial aid packages are designed to fulfill the calculated need for each student based on expense of attending the university and available resources. The exception to this rule is international students who are not eligible for need-blind financial aid from Cornell University. In such circumstances, Cornell University describes itself as need aware and offers some form of financial aid to about a dozen exceptional international students every year. The aid packages comprise largely of grants that do not need to be returned at any point. Most aid packages include a loan component. Students benefiting from Cornell University Financial Aid are also expected to work a few hours a week during the academic year and over summer to pay a portion of their expenses. If you’re still not able to meet your tuition needs, then don’t get tense, just go for a private student loan. For your help, we have an easy to use student loan comparison tool that would assist you to search for and comparing various private lenders so that you may make an informed decision!
Frequently Asked Questions
Q: What programs does the Cornell University financial aid office offer?
A:The Cornell University Financial Aid program offers various federal, state, and private funding options to students seeking monetary assistance. Federal financial aid options offered by Cornell University include federal loans, grants, scholarships, and work-study programs. State-based financial aid programs also offer a few need-based assistance programs to students who demonstrate a high degree of financial need. Students who do not qualify for any of the federal or state assistance programs can seek private funding to finance their education.
Q: Why should I attend Cornell?
A:Cornell University is a proud member of the Ivy League. It boasts schools of arts and sciences, engineering, hotel management, and others. Cornell University is in Ithaca and has a proud and long tradition of academic excellence. It continues to be a major source of attraction for students across the United States and around the world.
Q: Does Cornell offer Financial Aid?
A:Cornell University indeed offers financial aid as part of its mission to meet the need of all of its enrolled students. Cornell University Financial Aid is limited for international students. In this case, Cornell practices need-aware financial aid and is only able to offer financial assistance to the most qualified of applicants. But for local students from the United States, Cornell Financial Aid is fully available. The majority of the student body qualifies for some form of financial aid. When considering students for financial aid, Cornell takes into account income, family status, cost, and earning capacity. Cornell Financial Aid decisions are made at the time of admissions. Students can re-apply every single year and Cornell considers change in their financial status over this period.
Q: What forms does Cornell Financial Aid take?
A:Cornell Financial Aid comes in a variety of forms. The biggest component of Cornell Financial Aid tends to be grants from the university. These grants are supported by private donors who have an interest in supporting the university. Most students receiving Financial Aid from Cornell receive some form of loan as well that is paid back over a defined period with little or no interest. Students are encouraged to work on campus for up to a few hours a week and over summers to make a contribution to their education. Some students enrolled at Cornell are able to obtain financial support from external agencies.