<p>Do you think Cornell will follow suit?</p>
<p>I am going to love attending Cornell, but I am bitter that Yale and Dartmouth students' parents would have to pay anything if receiving financial aid. Now UPenn's students won't have to pay anything at all. Blah!</p>
<p>there is no way they are eliminating loans for everyone, even penn or harvard do not do this, what u mean, if u are below a certain income level</p>
<p>Yes, that's what I meant. As long as you're under certain income level, which I am. I hope Cornell will do this.</p>
<p>Zemeckis, a lot of this stuff is just rhetoric. I'm below the income level that these schools have been talking about (usually 40-45 grand) and I received my financial aid package from Cornell long ago (I applied ED). My loan requirement for the entire first year is a little over 1,000. My EFC is a couple grand, and I have work-study. </p>
<p>Is this very different from what Yale, Harvard, and now apparently, Penn are offering? No. Cornell is short-changing me about 3 grand... And I might add that I am very very close to the 40 grand mark, so this isn't a situation where I make like 19 grand and got a free ride. No. I'm right on the fence basically, and I still got a free ride, and I applied ED to top it all off. Are the packages at Yale, Harvard, Penn, and whoever else is doing this better? Slightly. But it's just rhetoric people.</p>
<p>Also, given the numbers I just put out there, it seems to me that Cornell shouldn't be too far off from issuing a similar initatives to the other schools.</p>
<p>That's interesting. Because I too applied ED and my package was around 10K in loans. And my EFC was around $1300. Weird.</p>
<p>bongoboy, so you're saying that you only need to pay 3000 a year INCLUDING loans, with an income a bit lower than 40000? I hope I read correctly because that's great news!!</p>