<p>If you are rich enough to have you parents pay for the whole cost or poor enough that you are going to college for free, please do not reply.</p>
<p>I am wondering how all you middle-class students can afford Cornell?</p>
<p>Cornell is pretty generous with grant aid I believe. They do cap loans at $3000 if your family makes $75,000 or less if I’m not mistaken.</p>
<p>ya but what about those of us that make around 100k but have like 5 people in the family. are we basically gonna be screwed with financial aid?</p>
<p>it’s more than just income. it also includes assets and investments. are any of those 5 ppl also in college? that could help quite a bit.</p>
<p>I attended Cornell before they implemented their new financial aid policy. My parents had an income of around $110,000 and, for the most part, I was the only one of 3 children in college (my brother was only in college for a year). My EFC was usually around $10,000. I financed my education with grants from Cornell, loans (federal and private) and a small scholarship. I graduated with around $60,000 of debt (that includes the interest I have to pay back).</p>
<p>Don’t get me wrong, I’m grateful for my education and I’ve certainly reaped the benefits of a Cornell degree. However, if I could go back in time I would probably think twice about going in to so much debt for my undergrad education knowing full well I had plans for medical school.</p>
<p>I have a household of 6 and my parents made just under 100k last year, Cornell generously gave me $39K in financial aid and I am taking some loans so my parents pay around $13k a year. Next year I have a sister going to college and my parents made less money so I am hoping Cornell continues to be generous. When you apply for financial aid you can attach a letter in there too. My mom hand wrote a beautiful one explaining our situation and I honestly think it helped. I thought I wouldn’t be able to attend but Cornell wants to help you come here if it is difficult, they are very nice and will work with what you have. Don’t fret.</p>
<p>My parents make roughly around $120,000 (both work) and we were completely denied for financial aid. Basically they have to pay 53k a year pretty much. I love it here but I have to seriously consider transferring. We took out loans for the first year, but yeah, not really sure what’s gonna happen for years 2-4. I turned down a full ride to an in state school with a stipend to come here, and it is amazing here, but i don’t know. Looking back, I might have reconsidered.</p>
<p>to x3xkimiex3x, what year did you start cornell and are you an only child?</p>
<p>53 K really sounds like a lot for a family who makes 120,000. </p>
<p>Umm… that’s like almost 45% of your income. Isn’t that crazy or what?</p>