by our College Data Analytics TeamA lot of students will never be charged the advertised price of a school. Instead, they will be provided a financial aid package that will include a combination of scholarships, grants, loans, and work-study. The total price of attendance at Cornell College can feel tremendous, but do not forget that almost all students receive some sort of financial help.
What financing options does Cornell College offer you, and what will you qualify for? Keep scrolling for more information. Keep going to learn what amount of financial assistance will be accessible to you.
The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. The information provided on this page can help you determine how much aid you may receive from Cornell College.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. However, some types of aid are more desirable than others, and some students will receive more than others.
At Cornell College, 100% of first-year full-time students received aid of some kind approximately 298 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $41,092 |
| Institutional grants & scholarships | 100% | $37,459 |
| Federal Pell grants | 35% | $5,942 |
| State/local grants | 18% | $7,691 |
| Federal student loans | 69% | $5,787 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. At Cornell College, about 99% of undergraduates were awarded an average grant or scholarship of $39,564 (for some 1070 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 99% | $39,564 |
| Federal Pell grants | 32% | $5,685 |
| Federal student loans | 65% | $6,861 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $42,615.
The figures below show the average net price — cost after all grant and scholarship aid — broken out by family income.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $18,066 |
| $30,001 – $75,000 | $20,281 |
| Over $75,000 | $29,203 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
After grants and scholarships come off the published price, what remains is the net price — the best estimate of true out-of-pocket cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $23,634 |
| Off-campus title-IV students | $25,079 |
For a personalized estimate based on your family’s financial situation, use Cornell College’s online cost calculator: www.cornellcollege.edu/financial-assistance/net-price-calculator/index.shtml.
A typical borrower at Cornell College leaves with $21,500 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $21,500 |
| Median federal debt (graduates only) | $27,000 |
| Typical 10-year monthly payment (graduates) | $286.24/mo |
The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.
Looking only at the median can be misleading because it hides the spread. These percentiles trace how cumulative federal debt is spread among borrowers at Cornell College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $5,500 |
| 25th percentile | $9,500 |
| 75th percentile | $28,000 |
| 90th percentile (highest-debt students) | $35,000 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $14,000 |
| Middle income | $21,750 |
| High income | $21,500 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $23,125 |
| Continuing-generation students | $20,000 |
Federal data publishes pre-calculated indicators that summarize debt outcomes. Cornell College.
Stafford loans are the federal government’s primary direct undergraduate lending program. The totals below capture Stafford lending at Cornell College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 4351 |
| Total Stafford loan amount | $69,451,573 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 10 |
| Total GI Bill amount | $305,812 |
| Average GI Bill amount per recipient | $30,581 |
References
More about our data sources and methodologies.