by our College Data Analytics TeamThe majority of students will never be charged the full sticker price of a school. Rather, they are offered a financial aid plan that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The sum total of attendance at Weill Medical College of Cornell University can sound tremendous, but do not forget that almost all students get some type of financial help.
Just what financial aid solutions can Weill Cornell Medical College provide, and just what are you going to be eligible for? Keep reading for answers. Keep scrolling to find out how much school funding will be available to you.
The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. Read on to get a sense of the financial assistance available at Weill Medical College of Cornell University.
Financial aid, in the form of loans, grants, work-study, and scholarships, is one way colleges reduce the cost of attendance so most students can actually afford to attend. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
Graduating students at Weill Cornell Medical College carry a median federal student debt of $13,000 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $13,000 |
| Median federal debt (graduates only) | $14,000 |
| Typical 10-year monthly payment (graduates) | $148.42/mo |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.
The median alone does not show how widely outcomes vary across the student body. These percentiles trace how cumulative federal debt is spread among borrowers at Weill Cornell Medical College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,501 |
| 25th percentile | $5,962 |
| 75th percentile | $19,677 |
| 90th percentile (highest-debt students) | $26,633 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $8,800 |
| Middle income | $11,100 |
| High income | $14,170 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $11,155 |
| Continuing-generation students | $13,500 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $13,000 |
| Independent students | $9,104 |
Federal data publishes pre-calculated indicators that summarize debt outcomes. Weill Cornell Medical College.
The Stafford program is the federal direct-loan vehicle most undergraduates use. Below is the annual Stafford program activity at Weill Cornell Medical College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 32194 |
| Total Stafford loan amount | $771,207,337 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 7 |
| Total GI Bill amount | $244,582 |
| Average GI Bill amount per recipient | $34,940 |
References
More about our data sources and methodologies.