Financial Aid for Admitted Students

collegecondor
Sat, 31 Mar 2012 15:09:29 +0000

From what I read, Cornell will roughly more or less match your EFC with maybe a few adjustments based on the CSS profile. However this accounts for the Family aka Parent’s expected contribution. Each student is expected to contribute, most likely through work study or small loans, 3k a year regardless of family income. This is because Cornell like most ivies which have a similar policy, expect students to at least contribute partially to their education even if their parents can not. Hope that answers your questions Masala, so your parent’s contribution should be safe around ur efc 1100 mark, but you should be prepared to take out 3k a yr in loans yourself and pay some of it off through work study. This is still very reasonable, if you get out of Cornell w/ a 4-year degree w/ only 12k in debt for yourself and none towards your parents, that is considered a win.