financial aid and comparing wharton to aem

Colleges & Universities Cornell University
1

<p>Does anyone know if Cornell is different than Penn in that their financial aid package can include loans? At Penn, if you have under a certain income they will give you an aid package of grants and work/study but no loans. I think a lot of top schools went to this policy a while ago but Cornell’s website has loans there and I was told that they say the same thing on campus tours.</p>

<p>Another topic - what do people think of AEM vs. Wharton? Is Wharton magnitudes better, somewhat better?</p>

2

<p>I think Wharton is more recognized but they both are very good business programs. And Cornell has that as well for financial aid, if you’re under a certain income level and asset total, your package will be loan free. I don’t know the specifics but you can find this on the financial aid page.</p>

3

<p>I was sad to discover that Penn actually is better for financial aid then Cornell. My son goes to Cornell and my nephew is looking for a school but he needs aid. Cornell doesn’t have a no-loan guarantee and they count parental income differently too.</p>

4

<p>Cornell is loan free under 75k income. I was disappointed I didn’t realize that before. </p>

5

<p>This information may be out of date, as the article was written two years ago, but Cornell & MIT are quoted as requiring student loans at $60K.</p>

<p>Under the plan that begins in 2013, students with family incomes between $60,000 and $75,000 will get financial aid packages with loans capped at $2,500 annually. The cap is $5,000 a year for those with incomes between $75,000 to $120,000.</p>

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6

<p>We are under $60,000 and DD (entering Cornell Fall 2014) has no loans in her package.</p>

7

<p>Please note-all the ivies will match financial aid offers. So, if you get into cornell and Harvard and penn and mit, Cornell Eill match whichever financial aid offer is the best. Ivies match each other and other peer institutions (MIT, Stanford)</p>

8

<p>Wharton is better by a lot, if you have to choose between them two, pick wharton.</p>

9

<p>Choose depending upon which school attracts YOU more! Four years can be a long time in a place you do not like. Four years can fly by in a place that you are happy.</p>

10

Why do you have so many chance threads on a single account? They range from 2006 to 2014? Just seems kind of suspicious.

11

@sgballsta: could be a parent with multiple kids entering college at different times

12

@jamesjunkers I’m an idiot, never even considered that. It’s just weird though how they never mention they are a parent.