Loans are a resource that can help fund your education. Typically, you do not have to begin repaying loans until after you have left school. Below is a list of the various loan options available, as well as details and requirements for each.
Undergraduate Student Loans
The Gardner/Shoemaker Loan is a Cornell University loan for undergraduate students who have demonstrated financial need.
Interest Rate & Terms
There is a 6% fixed interest rate, and the loan does not accrue interest while the student is in school.
Loan Fees
There are no loan fees.
Repayment Terms
Repayment begins 6 months after the student leaves school.
Maximum Loan Limits
Maximum loan limits vary based on the student’s need.
The Foreign Loan is a Cornell University loan for undergraduate international students who have demonstrated financial need.
Interest Rate & Terms
There is a 8% fixed interest rate, and the loan does not accrue interest while the student is in school.
Loan Fees
There are no loan fees.
Repayment Terms
Repayment begins 6 months after the student leaves school.
Maximum Loan Limits
Maximum loan limits vary based on the student’s need.