Financial Aid Exceeds Cost?

Colleges and Universities A-Z Cornell University
1

<p>What happens when the amount of aid awarded exceeds the total cost of attendance?</p>

<p>Cornell takes into account tuition, books and supplies, housing, dining, and person and miscellaneous expenses when giving aid. The allowance for books and supplies this year is $800. What if I choose to buy my books on amazon or at barnes and noble instead of the Cornell Store. Therefore, I would not be using my Cornell Card, and the book and supplies fee won't show up on my bursar bill. Will my bursar bill balance be negative ( -$800), and it will cover any other expense that is on my Cornell Card (such as me upgrading to unlimited meal plan)? Or will Cornell's Bursar Office issue me a refund check?</p>

2

<p>When Cornell says that the allowance for books is $800, they don’t charge you $800. Instead, they use that number in calculating your aid.</p>

3

<p>You will be refunded whatever amount is leftover after they subtract the tution and housing/dining costs.</p>

4

<p>so what if you don’t use the amont for that semester. Will it transfer to the next semester or next year?</p>

5

<p>I called the Financial Aid office, and I was told that as long as I have my .Net account set up, any excess amount will be refunded as a direct deposit to my account.</p>