How good is the financial aid?

Colleges and Universities A-Z Cornell University
1

<p>Based on my understanding, the Ivies try to make their education available to people from all walks of life. Recently I've been debating applying to Cornell early. However, (this is going to sound somewhat Plain Jane, but bear with me) when I click on the "Financial Aid" tab on CollegeBoard, I can't seem to find any information on % of need-based financial aid covered, etc.</p>

<p>Just wondering whether applying to Cornell ED could potentially backfire on me. I'm not going to post figure here, but I'll say that my household income is well below $40K a year, with both my mother and I working. Obviously, we cannot afford the $50K tuition at Cornell. Would I have problems getting financial aid after being accepted early or is it safe to say that I won't have to go into debt for the rest of my days?</p>

<p>Thanks in advance.</p>

2

<p>Back when cornell had that information on collegeboard, i remember it was like 70% grants and 30% in loans. Also, you can go on princetonreview.com
search for "Cornell" and click on scholarships & financial aid. In there, it will say that the average freshman loan is $ 10,000, which seems to be extremely true! cuz, everytime i am on these threads, people are always saying how they are taking out 10,000 in loans per year. So it seems to be right!</p>

3

<p>I got good aid. 22k in grants alone! They are making us pay exactly wat our efc says. I didn't apply ED tho...</p>

4

<p>Based on the information provided, you should get very close to a full-ride from Cornell if you were to be accepted. There may be some sort of self-help component (e.g. work-study) to the financial aid package, though.</p>