Cost of Cornell University
Total Cost
The total cost of attendance at Cornell University is
$68,113
per year
(which includes tuition and fees, books and supplies, and living expenses)
Cost Breakdown
Cornell University offers a variety of helpful ways and awards to make your college experience affordable. Financial aid is offered to “all U.S. citizens and eligible non-citizens and has a limited amount of aid for international students. The Office of Financial Aid and Student Employment is available to provide guidance, support and information for students and families interested in the financial aid process.” There are no academic or athletic scholarships available to students.
When you fill out your application and submit your FAFSA you will automatically be considered for grants or named endowed scholarships just as you would for any other need-based at at Cornell.
There are several ways to help subsidize your education should you consider Cornell. One is to apply for Residence Hall staff positions which will allow you free room & board in exchange for the service of one of these in-house residence hall positions. Award Matching is another way you may be able to save money on your Cornell Education. If you receive an award letter from another school that is more than your Cornell financial aid award, you can submit to have Cornell match you that award. If your financial situation changes in some way, Cornell may also allow you additional aid possibilities.
Emergency Funds are sometimes made available in special circumstances to students suffering an unexpected challenge or hardship. Financial Aid Initiatives are also part of Cornell University’s way of working to make your education more affordable. There are four possible financial aid initiatives:
- Undocumented Undergraduate Applicant Initiative: Undocumented and DACA students meeting certain requirements will be eligible for financial aid under the same terms granted to domestic students
- Green Card Initiative: International students who have been Green Card applicants for many years but are not not yet Legal Permanent Residents can receive need-based aid under the same terms granted to domestic students
- Parent Contribution Initiative: Families with a household income of less than $60,000, and total assets of less than $100,000 will have no expected parent contribution
- Low Debt Burden Initiative: Families eligible for the Parent Contribution Initiative will have no loans in their aid package, and Cornell caps the amount of loans offered based on a student’s family income
There are several financial assistance opportunities available for graduate and doctoral students at Cornell including Reduced Tuition for Advanced Self-Pay Students.a variety of Assistantships and Fellowships, and additional Travel Funding Opportunities for various educational adventures.
Additional financial assistance resources and tools that are available include the Net Price Calculator, a Financial Aid Glossary of Terms, and financial aid related video tutorials
Personal Finance at Cornell provides articles, tools, and resources for its students in an effort to enhance and grow financial literacy. Some of their resources include:
- Cash Course--financial skills for the real world
- GradSense-- enhancing student financial education
- The Simple Dollar Debt Payoff Calculator Tool
Financial Aid for Cornell University
Average Student
The average student at Cornell University pays
$31,449
per year
Need Met
Cornell University's financial aid meets
100.0%
of student's demonstrated need
Financial Aid
At Cornell University
46.4%
of freshmen receive some form of financial aid
Merit Scholarships for Cornell University
Average Merit Scholarships
The average Cornell University merit scholarship for students without financial need is
$0
Cornell University does not offer any merit scholarships. All grants and scholarships offered to students are need-based only.
Average Cost
Very few students pay the full price. Here's the average cost for students in different income brackets:
Budget for Cornell University
Every student's costs are a little different.
LEARN MORE ABOUT BUDGETING >Loans for Cornell University
Student Loans
The average student at Cornell University takes out
$25,542
in student loans
Student Loan Repayment
The student loan repayment rate at Cornell University is
90.3%
after five years
92.6%
after seven years
Student Loan Default Rate
At Cornell University
0.7%
after three years
Graduate salaries for Cornell University
Average Starting Salary
The average starting salary for a Cornell University graduate is
$64,357
Salary Years After Graduation
After graduation, here's how the average salary at Cornell University grows over time:
Savings for Cornell University
Sticker Price
Cornell University's full cost of attendance has increased an average of
3.1%
per year since 2014
Net Price
Cornell University's average net price has increased an average of
4.8%
per year since 2014
Average Cost
Given past trends, we expect Cornell University's tuition pricing to be the following:
