jamman751

I'm planning on applying to Cornell ED, and I'm worried about financial aid.

For those who got into Cornell ED: how much financial aid did you get?

Was it generous or very stingy.

And if you don't mind responding, how much did your parents make at the time?

I'm very concerned about money and I just wanted to talk to someone who went through my situation.

Thanks

cortana431

This is very accurate if filled out correctly with your parents' financial information. http://www.finaid.cornell.edu/cost-a...-aid-estimator

Are you a U.S citizen or applying as an international?

Generally, if your parents make about $150,000 or more, you wont get any financial aid, maybe a few thousand, if any. Situation is a bit different if you have siblings in college.

If your parents make less than $60,000 and total assests (including home equity) is less than $100,000 you receive financial aid that covers the cost of attendance and does not include loans.

If you are applying as an international, only about 40 or less international students actually receive financial aid, so it also depends on how strong your application is and how much Cornell wants you.

glennd816

Cortana431, my parents make about 150k, and the calculator said my EFC was 25k. So it really depends, doesn't it? I plan on applying ED to CALS.

mathmomvt

We make about 150K and we get pretty generous financial aid from Cornell. About 20K in grant aid plus loans and work. Just the one kid in school so far. Not much in assets, and we're underwater on our house.

cortana431

I said generally and maybe that 'cutoff' range is higher but Cornell does not have the same assets as HYPS. Some families have special circumstances and others are lucky.

Glennd816, you filled out the calculator correctly, with everything filled out where appropriate and using your parents' tax returns? When I first did it, I got more aid than the 0 i ended up getting later because I didn't fill out the house equity and home value. If you did though, then that's great if you get that much aid!

paalum

I filled out the Cornell Financial Aid estimator again, and it did not ask for home value as it had when I filled it out last year? Was there some change in how home value is used in aid calculation?

paalum

Nevermind!!! I missed the prompt.