<p>Hey guys, </p>
<p>So here's the deal. I'm planning to apply to Cornell ED and if I get in it'll cost my parents about 52k per year for 5 years (architecture). </p>
<p>The thing is my parents can pay for it, but I've just been wondering if maybe I could get some aid. If I can't that's fine I guess, but it would be nice. </p>
<p>But I've been told that applying for aid can decrease your chances. And I don't know how great my chances anyway. There's no way to apply after you're accepted for ED, right?</p>
<p>By the way, I live overseas, but I am an American citizen and my parents still pay US taxes and all that. </p>
<p>I'm not really sure how financial aid works. And if we'd even get any.</p>
<p>Need based financial aid (that’s all that Cornell gives) is largely based on your parents’ income and assets. So…really your question can’t be answered without knowing that. If they can “afford” to pay $52,000 a year, it sounds like they have either saved money in a college fund for you and/or have the income to support this expense.</p>
<p>You would be able to get a Stafford loan (probably unsubsidized) by completing the finaid applications.</p>
<p>You can always run the FAFSA calculator to see what your EFC would look like. While it won’t be terribly accurate since I assume Cornell uses the CSS Profile as well which takes into account real estate, etc, it will give you an idea of whether you might be able to get some FA. Otherwise, you can look at some lower ranked schools which might offer some merit aid.</p>