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How Much Cornell College Fin Aid Could You Qualify For?

Rather than paying the full sticker price for a college education, most students receive a financial aid package that eases the burden with scholarships, grants, loans, and work-study options, while the amount and type of aid may vary among students.

Curious about the financial aid opportunities at Cornell College and what you may be eligible for? Explore the answers here.

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What Percentage of Students Receive Financial Assistance?

$33,132.00 is the typical Cornell College’s first year financial aid package. Financial aid is provided to about 100% of first-year students, with the bulk of support coming in the form of grants and scholarships.

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College Discounts

A financial aid package includes loans, grants, and scholarships. However, student loans have to be paid back, so they aren’t a true discount.

Student Loans at Cornell College

Uneasy about the debt that may be included in your financial aid plan? Find the average amount of debt per student at Cornell College.

How Much Aid Is Offered That Is Not Loans?

Institutional scholarships and grants refer to financial aid provided directly by a college or university to support students in covering their educational expenses. These awards can be either merit-based or need-based and do not require repayment. Merit-based institutional scholarships reward students who have demonstrated exceptional academic achievements, talents, or skills in specific areas. Such scholarships often take into account a student’s high school performance, standardized test scores, or extracurricular activities. On the other hand, need-based institutional grants are allocated to students who exhibit financial need. The amount awarded is usually determined by the student’s family’s financial circumstances and aims to cover the difference between the cost of attendance and the family’s capacity to pay. To assess eligibility for need-based grants, colleges and universities may use information from the Free Application for Federal Student Aid (FAFSA) or other financial aid forms. Institutional scholarships and grants play a crucial role in assisting students, as they can considerably lower the cost of college and make higher education more attainable.

The next numbers refer to grants and scholarships mainly supplied by the college itself.

100% of new students (270 total) were given scholarships at Cornell College, averaging $31,082.00 per student. This puts it the top 25th percentile among colleges and universities nationwide.

In addition to scholarships, 26% of freshman students (71 total) obtained federal grant aid, averaging $4,686.00 a piece.

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Financial Aid per Family Income

The table shows scholarship and grant allocations by income for first-year students receiving any type of federal Title IV assistance, including Federal PLUS loans.

Income LevelPercent of FreshmanAverage Assistance
Income 0-30k8.15%$41,395.00
Income 30k-48k4.81%$40,573.00
Income 48k-75k11.11%$36,404.00
Income 75k-110k15.56%$33,811.00
Income 110k +28.89%$31,199.00

Title IV Aid

The table above shows undergrads who are getting Title IV aid, which is federal assistance from the government in the form of grants, loans, and work-study. Learn more here.

The Typical Undergraduate Receiving a Grant or Scholarship Will Get $33,132.00.

Of the 270 undergraduate students at Cornell College around 100% (270 total) receive some form of grant aid. The typical amount awarded was $33,132.00.

Seeking Information on Tuition and Fee Expenses?

Check out the Tuition and Fees page or the Cost Per Credit Hour page to find out more.

Notes and References

References

More about our data sources and methodologies.

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