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Cornell University
For students with family incomes below $75,000, after the family covers any EFC, the program covers the remaining student budget with work-study and grant aid.| For students with family incomes below $75,000. . . | 2009-10 Estimated Student Budget | ||||||||||
| After the family covers any EFC, the University assures enough work study and grant aid to cover these expenses. |
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Total Expenses: $52,414
For students with family incomes between $75,000 and $120,000, after the family covers any EFC and the student takes loans of up to $3,000, the program covers the remaining student budget with work-study and grant aid.
| For students with family incomes between $75,000 and $120,000. . . | 2009-10 Estimated Student Budget | ||||||||||
| After the family covers any EFC and the student takes loans of up to $3,000, the University assures enough work study and grant aid to cover these expenses. |
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Total Expenses: $52,414
About the Financial Aid Pledge (2009-10):
Who qualifies for the pledge (in addition to common requirements)?
Students with family incomes of $120,000 or less.
Students with family incomes of $120,000 or less.
How is EFC determined and used?
Institutional methodology. The EFC includes an estimated $2,320 student contribution.
Institutional methodology. The EFC includes an estimated $2,320 student contribution.
How much academic year work and/or need-based loans are included?
Freshmen receive $1,800 in work-study. Students with family incomes below $75,000 receive no loans, while students with family incomes between $75,000 and $120,000 receive $3,000 in loans.
Freshmen receive $1,800 in work-study. Students with family incomes below $75,000 receive no loans, while students with family incomes between $75,000 and $120,000 receive $3,000 in loans.
Does the offer account for the full student budget?
Yes.
Yes.
How are outside scholarships handled?
Outside scholarships generally reduce loans, then work-study, then grant aid.
Outside scholarships generally reduce loans, then work-study, then grant aid.
About the Institution (2007-08):
Location: Ithaca, NYType: Private 4-year
Undergraduate enrollment: 13,980
Pell Grant recipients (a measure of low-income enrollment): 14%
Proportion of graduating seniors with student debt: 52%
Average debt: $23,485
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