net price calc accuracy

<p>how accurate is cornell's net price calc? also, anyone know when we find out fin aid?</p>

<p>It’s only as accurate as the numbers you put into it. FA should come out next week. Remember, though, that you still need to fill out FAFSA for 2015-16 school year and submit 2014 tax returns by Feb. The FA that will come next week is based on 2013 numbers (if you were an ED applicant), so your aid could go up or down based your parent’s 2014 tax return. </p>

<p>i mean i submitted numbers directly from my tax return, are you saying if my tax return stays exactly the same, accuracy is close to 100%?</p>

<p>I am no expert for sure, but from my experience with my other D at a highly selective university, the NPC was very accurate about what our out of pocket expenses would be. </p>

<p>okay, thanks. I’m asking cuz i heard cornell was stingy with aid even though they are ivy league, so if anyone has personal experience, that would be great</p>

<p>ooh, I hope they are not too stingy! </p>

<p>I wouldn’t say they are stingy BUT their aid includes loans if income is over about 75k. I wish they would make it all grant $ like so many others.</p>

<p>^yes, me too. </p>

<p>It wasn’t very accurate for me. Cornell is very generous with aid for low income families and lower middle class families. Mid-to-upper middle class families sort of get screwed over because we can’t easily pay the full price out of pocket but Cornell doesn’t give a lot of (or really any) aid to us.</p>

<p>estimated financial aid just came out today</p>

<p>The calculator actually underestimated the amount of aid I received, which was nice. I do, however, come from what I would considered a lower-middle class family. Cornell is indeed very generous for those that have “money issues,” but do tend to stiff middle/upper class families that still cannot possibly pay for the entire $60,000+ year tuition without sizable loans or work study programs.</p>

<p>For upper middle class families that just missed the cutoff for any aid, but it’s still very hard to afford the full $63K, it’s very accurate.</p>

<p>Net Price calculator = $0.00
Actual FA = $0.00</p>

<p>Cornell was very generous with FA that came yesterday. Husband and I were pleasantly surprised as Cornell gave us about 5K more than we calculated. I’ll take it!</p>