Formula for determining financial aid?

Does anyone know what’s used to determine aid? How much investments can parents have or what AGI usually gets need met? I’ve seen someone on this board say that at Cornell that if parents have over $100,000 investments they won’t qualify for financial aid so just wondering if there’s a formula or thoughts on how this works out?

Have you tried the college’s net price calculator?

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Here’s Pomona’s NPC: Net Price Calculator

Not sure if you are looking at Cornell College or Cornell University but here are both net price calculators:

https://www.cornellcollege.edu/financial-assistance/net-price-calculator/index.shtml

https://npc.collegeboard.org/app/cornell

Maybe OP can clarify the college they are talking about, I assumed Pomona because that’s the thread’s category.

There are different formulas used at different colleges. The OP should look on the website of every school he/she is interested in and find and run the net price calculator for each school. There are no shortcuts.