financial aid for ED

<p>It comes by mail. My dad faxed everything over earlier this week and was told we would get it by next friday.</p>

<p>@newstudentmom and others…an update:</p>

<p>As several of you suggested, I reached out to the Cornell Financial Aid Office. The advisor I spoke with was very patient and helpful. I provided some additional info that they requested and she later emailed me that they had in fact made a mistake in one of their calculations. She emailed me an updated offer that was somewhat better, along with an appeal form that she encouraged me to use once I have submitted the FAFSA and receive a more formal offer. Not there yet (in terms of what we need)…but heading in the right direction.</p>

<p>Thank you all for your help.</p>

<p>(Of course, my S has now received a full tuition scholarship from Pitt and a 2/3 scholarship from Rutgers…)</p>

<p>Blah, I got little from cornell, so as of now I’m not going. I’ll need at least $10,000 more from cornell to attend. I really hope the financial aid office is flexible and generous in giving more money :\ :&lt;/p>

<p>Im in the same situation as all of you. The financial Aid office didnt give us anything which is completely at odds to what the fin aid calculator gave us. Things just arent making sense. As of now, i cant go -__-</p>

<p>Just curious cortana and imajewel222…Where are you both applying to now if the financial aid was not what you expected? We were very happy with the financial aid offered by Cornell but then again happy means something different to everyone.</p>

<p>I already applied to columbia carnegie Mellon rensselaer and suny buffalo.</p>

<p>How will that work for you since you are in a binding early decision agreement? Also the aid package from any other Ivy school will be very similar.
How did your guidance councelor address sending out apps when you have a early decision school? I have always wondered how reneging on ED decisions really play out. Years ago the binding agreement meant just that, and you had to be released from the early decision agreement. That meant you COULD NOT send applications to other schools until you were let out of the agreement. Guidance councelors could not forward any records to other schools once the early decision application was sent. </p>

<p>I would think the only cost saving option you would have available after getting released from the early decision agreement would be a state school. At least that was how it was when my kids were applying ED. You will not get any more money from Columbia and I would check how that works since they are another Ivy school. They would have to know that you have a decision from Cornell.</p>

<p>Lol thanks</p>

<p>Actually, my parents did the Columbia financial aid calculator and were given an estimated ~15,000 in financial aid, which would be enough for me to attend. The cornell one gave us 0. So unless the financial aid calculator is very wrong, Columbia would give me aid</p>

<p>Nevermind haha we got basically 0</p>

<p>The financial aid calculator for Cornell and Columbia should be almost exactly alike. Columbia would not accept an application from you if you applied early decision to Cornell and as far as I know a guidance councelor is NOT able to send your transcripts to any other school once your early decision application has been submitted. Have you sent the Columbia, Carnegie, and Suny Buffalo apps in yet or were you planning on sending it in? </p>

<p>In the past when students were released from early decision they usually found themselves in a bit of a problem with the time constraints. If you did not already submit any in state applications I would say you have a problem. Also, from experience with a friends son, Carnegie Mellon is not as generous with financial aid as Cornell. This is the reason they tell students NOT to apply early unless you are confident that you could either pay the full price or you meet the qualifications for aid as is discussed on their web site.</p>

<p>Good luck Cortana…please keep us posted as to how this all turns out for you. This is a perfect example of why students should be more knowledgeable about early decision and the fact that it is a contract. If your guidance councelor sent any of your letters of rec or transcripts to Columbia or other schools than your highschool will most likely not receive another acceptance for the next few years. The guidance councelor should have known better.</p>

<p>I don’t think so. I submitted all my applications at the same time as Cornell. My dad is a high school guidance counselor and said I can apply to as many schools as I want to regular even with an early decision school. High schools get blacklisted if a student gets in early decision but decides not to go with a unreasonable reason, which is pretty much only financial aid. The Cornell acceptance letter said I would be released from the ED contract if, after review and talks, the financial aid package is not enough. My other applications should not be in jeopardy if I don’t go to Cornell because of the financial aid. My friend got into Williams early decision and he simply withdrawed his applications to the schools he already applied to (obviously I didn’t do that yet, he was set on going).</p>

<p>Cortana, </p>

<p>it sucks that you didn’t get aid from Cornell. For me, I was very fortunate that Cornell gave me a very generous financial aid. If Cornell didn’t give me at least 30k a year, there is no way I could afford to attend.</p>

<p>Just like you, my parents make decent, but not great, money. Many people who are in upper middle class can get screwed really hard with regards to financial aid, not just from Cornell but also from many other schools.</p>

<p>My dad used to be a lawyer, but he quit law and started his business because he got sick of lawyering and hated law. Then, his income went down dramatically… Fortunately, I was able to take advantage of that and I got a ton of financial aid.</p>

<p>I would encourage you to talk to your parents about switching their jobs to something lower paying while you attend Cornell. Well, I am serious, kind of.</p>

<p>Also, as great as Cornell is, I wouldn’t drop 50k a year on Cornell education. That’s 200k for four years, and that is a fortune. Heck, I wouldn’t drop that much money even on Harvard. I would rather attend a strong, cheap state school on full scholarship and place all that money in my bank account. Especially if you are planning on attending graduate school (like Medical or law), you should avoid Cornell like a plague and break out of ED agreement.</p>

<p>Well, what I might do, my dad is going to call Cornell tomorrow to sort it out, is to transfer after 1 semester to agriculture which has the much cheaper tuition (I planned on doing bio or environmental engineering). And I could still go to law school if I’m still interested. But yeah I’m not going to go to cornell without significant aid. The only viable private school I could go to is rensselaer because the the rpi medal</p>

<p>Cortana, you are very fortunate that you have been offered the Rensselaer medal when you were applying ED to Cornell. None of my sons were in the running for that because their school guidance councelor knew students who really needed the money and really wanted to attend Rensselaer. The students who received the RPI medal had both made it clear that RPI was their first choice school. </p>

<p>We were very fortunate with our sons aid package but I am sure it had to do with having multiple kids in college at the same time. They would have never applied early and risked having to attend the state school because of time constictions after getting released from early decision. It was always my understanding that as soon as an early decision acceptance came in applicants had to withdraw all other applications. Have things really changed that much. If so what is the point of the contract of early decision?</p>

<p>My dad told me applications must be withdrawed if you send in the deposit for the school, but you don’t have to if you applied for financial aid and the deadline for withdrawal is the deadline for the deposit, which is January 12 for Cornell I believe. Then it really becomes a problem if you haven’t withdrawed by then or sent in the deposit. </p>

<p>Thanks about the rpi medal, it was actually a bit weird, because I simply asked my math teacher for the medal, having told him that I was very interested in attending RPI and he gave it to me. I really like Rensselaer as a school, but I’m not a fan at all of Troy and the surrounding area.</p>

<p>momma-three: I was thinking exactly what you were thinking. No other Ivy will give us more, because they consider the saemt hings at Cornell. The only reason though that there is a small chance another ivy would give something different, is in my position where the Cornell FinAid calculator said theyd give us like 20,000 off each (i have a twin who also go it, so they calculator gave us alot). But in any case, Im not applying to any Ivys regular since I wanted to keep cornell an option and not rule it out by applying to other colleges on jan 1st (which i thought would cause my accpetance to be rescinded). Now i am waiting for the Jan 15th deadline where i will apply tp binghamton and stonybrook honors (and possibly one of their science programs) and then 2 other schools who I have heard give good merit schlarships. 2 people I know got full rides ro u of miami, and other great scholarships at brandeis</p>