<p>Ok, I am officially not understanding this whole financial aid buisness. I, for example have a 2000 expected summer saving expectation. Does that mean that I have to pay 2000 on top of EFC? I just thought that they included that sum simply as an essumption simply to estamate your resourses, and would not actually collect it. Please, help me clear this up...</p>
<p>they expect you to work during the summer and earn 2000 bucks that will go towards your tuition. and yes, that is on top of your EFC.</p>
<p>So then why do they include books and travel in the tuition even though we have to pay for them ourselves? I just don't get it. So, does that meant that we will be paying for books twice (once part of the tuition and the second time when you actually pay for books in the store), or they are reimbursting the costs of books up to the amount listed in the tuition rate?</p>
<p>you pay for your books,,,u can bursar them</p>
<p>Books aren't included in the tuition. I think it's included in the expenses section of financial aid. There are ways of saving money on books such as buying used books or getting books online. You can also resell the books at the end of the semester.</p>
<p>Wait, but the cost of books was taken into account when calculating the estimated cost of Cornell. That value was subsequently used along with the ECF to calculate the amount of self-help and grants that would you get. So by putting books in the expenses section of financial aid, isn't the student indirectly paying for them? I just don't get why they put books and travel as part of the estimated costs, which are then used to determine your tuition...</p>
<p>anyone have more than a few thousand $$$ in summer contribution? i think i have to rob a bank soon</p>
<p>Look, all that changes is the amount you take out in loans. If you think you have enough cash to pay for your books and won't need a loan, then email Cornell and they'll reduce your loans by $500 or whatever they budgeted for books.</p>
<p>If you don't want to work this summer (and hence, can't pay the $2000 summer savings), then email Cornell and they'll increase your loans by $2000.</p>
<p>You are NOT paying for your books twice. You are taking out a loan and using that loan money to pay for your books. Then you repay that loan once you graduate.</p>
<p>I really hate the summer savings thing. I'm expected like 2,800...and I live in an area where seriously..that isn't possible. I can't exactly farm trees or build houses. There are only like waitress jobs. They told me that that is what EVERYONE was expected to pay...odd how ppl have different summer savings expectations..that kind of p.isses me off. (stupid asterisks)</p>
<p>with books--you don't pay that huge 47,000 or whatever it is. You pay tuition...whatever your room&board is, and then buy books, etc. Its not just paying the total amount, thats just kind of to let you know what it will probably cost you. If you don't need to take out as many loans, you don't have to.</p>
<p>Alright, thanks. Yeah, I hate this summer saving expectation just as much. Hey, working at minimum wage will never even get me 1/2 of the amount that I am required. And the only job I got pays the minimum wage (6,67/hour)</p>
<p>ktoto, you wanna help move people's stuff with me during orientation week for some extra cash? (2 ppl = more pursuasive, but more than 2 = bad) lol...let me know</p>
<p>Actually, $2000 is very reasonable. I worked 10 weeks last summer and earned roughly $3500 after taxes. I earned even more working just 8 weeks the summer after my freshman year. I don't think it's out of the question for Cornell to expect you to contribute $2000 towards your own education.</p>
<p>That said, if you can't pay the $2000, then just take out more loans. Not a big deal.</p>
<p>yeah, its about my "financial aid".....and the word is "screwed".......and the clarification is, "definitely"</p>
<p>yeah......I can't really afford to take out MORE loans, it may seem like its easy now, but paying back that whole...$40,000 + any interest is going to suck...really bad. I mean, taking out loans is basically paying more than what the actual cost is. If there is anyway to avoid any of that, I'm going to.</p>