<p>I am considering applying to Cornell's College of Human Ecology. I am a New York State resident, so that already lowers the tuition rate to $23,500.</p>
<p>How much financial aid would I receive if my parents make a total of $160,000 a year? My younger sister and I are enrolled in a private school where tuition is $9500, and my parents also pay $11,000 for my older sister's college room and board.</p>
<p>I am not using Cornell's fin. aid calculator because I don't know minute details like taxes and exact income.</p>
<p>So, can anyone give me an ESTIMATE of the amount of aid I would receive in these circumstances? Thanks a bunch!</p>
<p>Your FAFSA EFC would be about 1/2 of what your sister’s EFC is now. And adjustments to that would be made based on assets which we have no idea about (from the Profile or Cornell’s own form).</p>
<p>My best guess is that all you would get is an unsubsidized loan.</p>
<p>^That would be my guess as well. I would suggest asking one of your parents to use Cornell’s calculator for a more precise read or you might post this question on the Cornell sub-forum.</p>
<p>With two kids in college at the same time, you MIGHT get some need based aid from Cornell. You SHOULD use their online calculator as that will give you a better idea than anything anyone here can tell you.</p>
<p>Another Cornell mom told me that their FAFSA EFC was about $10k lower than their CSS Profile “efc” (Profile family contribution was about $45k and FAFSA EFC was about $35k). And, Cornell told her that if her younger child goes to Cornell also (2 at one time), Cornell **will not **cut family contribution in half. They said that families should expect to be paying out more when they have 2 in college. They implied that there wouldn’t be a big reduction in each child’s family contribution at all. </p>
<p>This family got NO free money…just a student loan and work-study to meet “need”.</p>
<p>I appreciate the input everyone! While it is a bit disheartening, I’ll try to get my mom together and find time to do the real calculator. Thanks!</p>