Cornell Financial Aid: What You Need to Know
The quantity of financial assistance, scholarships, grants, and more vary from person to person. With all the facts listed below, you will better know how much financial aid you'll qualify for from Cornell University based on family income and merit.
Standard Cornell FinAid Offer
$42,394 is the standard Cornell University's freshman financial aid offer. About 49.0% of incoming students obtain some kind of financial assistance, the majority of which is scholarships and grants.
Financial aid helps lower the expense, or the full retail price of the school. However, know that the only true discounts off the cost of college are in the form of grants and scholarships.
Student debt ought to be viewed as an added expense instead of as "aid" or a "discount". Learn more on student loan debt at Cornell.
How Much Aid is Available That I Don't Have to Pay Back? (A.K.A. Scholarships & Grants)?
The stats following pertain to assistance which is offered by Cornell University.
46.0% of incoming freshmen (1,497 total) were awarded scholarships at Cornell University, averaging $33,913 per student. This puts it in the top 20th percentile of all colleges nationwide.As well as scholarships, 15.0% of first years (491 total) were awarded federal grant aid, for about $6,430 each.
How are scholarships and grants given away to first years at Cornell? Look at the data listed below.
Scholarships are awarded based on merit, while grants are given due to financial need.
Amount of Aid By Income Level
The table below displays grant and scholarship distributed by income for freshmen getting any form of federally-funded Title IV aid, including Federal PLUS loans.
|Income Level||Percent of Freshman||Average Assistance|
|Income 110k +||19.1%||$18,665|
Education funding from the government in the form of grants, loans, or work study is known as Title IV aid. Get more info on Title IV here..
$33,376 is the Typical Total an Undergraduate Will Get in Grants or Scholarships
55.0% of the 14,269 undergraduate students at Cornell University get some sort of grant aid. This is a total of about 7,826 students getting an average of $33,376 each.
Cornell University Financial Aid Links
|Financial Aid Department Website||finaid.cornell.edu/|
|Net Price Calculator||https://cornell.studentaidcalculator.com/survey.aspx|