<p>I'm really scared =(. And what exactly is "middle class". Can someone put an income range on that?</p>
<p>is it weird not to have gotten my FA package yet?</p>
<p>Not at all. The FA office is understaffed and it takes them a while to process FA paperwork.</p>
<p>I haven't received it yet too.</p>
<p>I haven't received mine either. They didn't get my CSS thing so I had to resend it...</p>
<p>Cornell, don't be stingy...</p>
<p>What exactly is "middle class". Can someone put an income range on that?</p>
<p>Lower Middle Class is suppose to be about $30K-75K.
Upper Middle Class is suppose to be $75K-125/150 [up to $225-250K according to Obama/Biden]</p>
<p>Apparently, if you make over 60K, you start to get loans towards your financial aid, and after $120K, your loans grow to $7.5K.
But somehow, I keep thinking if you have lots of money in assets (100K+), they might not offer that much money and instead go for loans and force your family to somehow contribute money as well.</p>
<p>Check here: Cornell</a> Chronicle: Cornell enhances financial aid program</p>
<p>Apparenly, if you had made 125K a year and had 200K in assets, the family contribution would had been 80K, and by 2009 50K a year. So it kinda sucks being slightly rich.</p>
<p>The Middle Class range is more like a vortex. If you are poor enough, you get almost a free education. If you are really rich, money shouldn't be a problem. But if you are just in the middle, this kinda of education ends up making people poor in the end.</p>
<p>Ok, so let's go with this "hypothetical" scenario =P. If, hypothetically speaking, my parents make...say...75k a year. Also with...say....50k savings and another 40k assets. (So that's 90k assets total I believe). How do the odds look for financial aid?</p>
<p>That sounds pretty good. You might still have to get a small loan 3K, but that is for a year.
I think they have to help you pay for your education, and being in that range, they should still offer enough money for you to coast through your four years.</p>
<p>I keep calling and getting the same answers. The packets are being reviewed.
Although nobody at financial aid will be answering the phone apparently they will
continue to work on the packets to get them out. No time frame was given.
Anyone else getting nervous?</p>
<p>Got mine yesterday... have to pay 13k a year.</p>
<p>Sorry if this is a bit probing, but how much do your parents make a year? Just curious sorry, no need to answer if you don't want to</p>
<p>30kish total, which sucks because my sister has to pay 16k a year for UT Austin. They have a ridiculous amount of assets though...</p>
<p>Still haven't received my aid package. My to-do list shows the transfer transcript, i called them up and they said that was something they did internally. </p>
<p>Does everybody get notified, whether or not they will be getting financial aid and is the notification only through the mail or also through email?</p>
<p>They only come through the mail according to the financial aid office.</p>
<p>My son (ED 2013) just received FA letter. They were totally true to their word as to new policy. Makes Cornell more affordable than SUNY! All grants-no loans, some work study. I am just wondering how hard it is to work and attend Cornell-especially as a freshman.</p>
<p>Okay, so, If my parents make roughly $80,000 a year, but we have an unusually large amount of assets, how much financial aid would you guess Cornell would be willing to give?</p>
<p>@ cornellmom2013: it is very easy, not only are there lots of opportunities to find work, but most places have flexible hours and are very understanding around prelim/final time.</p>
<p>@kROCK91: they might not give you as much financial aid as if you didn't have those assets, in expectation of you having the availability to take out personal loans.</p>
<p>Also to Cornellmom: if your son is interested I highly suggest he look into working at the library. There is plenty of flexibility in scheduling and it's very easy to find a sub for your shift if you have an exam. Conversely...it's also very easy to find extra shifts to make the paycheck larger :-) Also...the library staff holds a sweet party for the student employees at the end of the year. </p>
<p>Also...if your son has lifeguard certification...the aquatic department is always looking for guards and they have one of the highest starting salaries (close to $10/hour).</p>
<p>So i missed the ED financial aid deadline for Cornell, (couldnt get all the info in on time) but can I still do the Fafsa, or is that still college offered aid. I don't really know that much about the financial aid process but am I out of luck?</p>