Welcome Admitted Students!

Congratulations on your offer of admission — we’re so excited to welcome you to the Big Red community!

We know costs and financial aid are a very important part of your college decision. Cornell proudly provides financial aid offers that meet 100 percent of demonstrated financial need to all eligible undergraduate aid applicants. If you haven’t yet, please take a few moments to learn more about Cornell’s Commitment to Access and Affordability.

Understanding your Cornell Financial Aid Offer

Your financial aid offer includes three important sections:

Estimated Cost of Attendance (COA) — Cornell’s estimated cost of attendance includes amounts a typical full-time undergraduate student may expect for a traditional academic year (Fall and Spring), before financial aid. The estimated cost of attendance is used to determine your eligibility for need-based grant and scholarship aid. Your actual costs to attend may vary.

Expected Family Contribution (EFC) — Your Cornell expected family contribution is an estimate of your family’s “out-of-pocket” costs for the academic year. Your expected family contribution is determined annually using information from your CSS Profile and other documents such as tax forms, tax schedules, and W-2 forms. Cornell considers both income and assets in our calculations. Your expected family contribution includes both student and parent contributions.

Financial Aid — Your Cornell aid offer includes financial aid from a variety of sources that equals your financial need for the academic year. Financial aid offers include Cornell grants and scholarships, federal and state grants and scholarships (gift aid that does not have to be repaid), work-study (self-help aid that must be earned), and reasonable student loans (self-help aid that must be repaid), depending on your total family income. 

Outside Scholarships

If you are expecting an outside scholarship from an external organization your financial aid offer will be reevaluated. Please upload a copy of your scholarship award letter to our Secure Document Upload portal.

International Students

If you are an international student, please carefully review the Terms of International Scholar Awards. Unless you qualify for an exemption, 14% of grant and scholarship aid in excess of “qualified” tuition and fees will be withheld from your aid, per federal Internal Revenue Service (IRS) tax requirements.

Military-Affiliated Families

Thank you for your service to our nation! If you are interested in utilizing Post-9/11 GI Bill and/or Yellow Ribbon benefits, please visit our Veterans Education Benefits page.

Other Education Financing Options

Cornell offers several other flexible payment and financing programs to assist your family, including:

1. Discuss

Discuss your Expected Family Contribution. Talk with your family about how your expected family contribution will be paid or financed. Fall semester charges are billed by the Bursar’s Office in early July and payment is due in early August each academic year.

2. Accept

Accept or decline self-help aid (work-study or loans) in Student Center. Cornell requires active acceptance of all self-help aid (work or loans) offered. Grants and scholarships (gift aid) included in your aid offer do not need to be accepted. If you accept loans, be sure to complete federal Entrance Counseling and Master Promissory Notes online. If you accept work-study, begin searching for student employment opportunities.

3. Request

If you are interested in financing your expected family contribution, request additional federal or private student loans, or a Parent PLUS Loan after June 1st, 2025. (Why wait until June 1st, 2025? Parent PLUS and private student loans require a credit check which typically needs to be completed within 90 days of the first disbursement in mid-August.)

4. Checklist

Check your “To Do” list in Student Center. Occasionally, we may require additional documentation to confirm eligibility for certain types of aid. If you have outstanding To Do list items, please respond promptly to avoid delay.

5. Watch

Watch for email updates from the Financial Aid Office. We communicate primarily with you via email. Parents should coordinate with students to access important email messages. Common items for us to email students about include verifying sibling(s) enrollment in college, loan promissory notes and entrance counseling, and reapplying for aid for future years.

We're here to help!

Big Red is available 24/7 and can answer many general financial aid questions. For more detailed questions contact the Financial Aid Office by email at finaid@cornell.edu. For questions involving personally sensitive issues, connect with a financial aid counselor by phone (607.255.5145), or by virtual appointment during regular office hours.


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