Cornell Financial Aid: What You Need to Know
The level of financial assistance, grants, and scholarships varies from person to person. With all the facts listed below, you will better understand 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 in the form of scholarships and grants.
Financial aid incorporates scholarships, grants, and student loans. However, loans need to be paid off, so they are not a genuine discount.
Worried about the student loans that might be included in a financing offer? See the average amount of debt per student at Cornell.
Number of Cornell 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.
491 first years were awarded a grant. About 15.0% of Cornell freshmen got grants with an average of $6,430 a piece.
See the usual level of scholarships and grants freshmen receive by looking at the chart below.
Scholarships are awarded based on merit, while grants are given due to financial need.
Amount of Aid By Income Level
Determine what amount of scholarship and grant assistance you can expect to be given based on your income level. The chart below displays freshman students getting federal aid which includes PLUS loans.
|Income Level||Percent of Freshman||Average Assistance|
|Income 110k +||19.1%||$18,665|
Education funding from the federal government in the form of grants, loans, or work-study is referred to 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
7,826 Cornell students get grant aid (this is around 55.0% of the total student body). The usual amount these students get is $33,376
Cornell University Financial Aid Links
|Financial Aid Department Website||finaid.cornell.edu/|
|Net Price Calculator||https://cornell.studentaidcalculator.com/survey.aspx|