Types of Aid
Financial Aid Solutions Tailored to Your Family’s Needs
We understand that everyone’s financial situation is unique and there are no one-size-fits-all solutions. Each applicant’s financial aid package is dependent on multiple factors, and you may receive more or less aid than shown in the examples. All families are encouraged to start by using the Financial Aid Calculator, an online tool that will provide you with estimated eligibility for financial aid from Cornell.
Definitions and Types of Financial Aid
- Cornell Grants: Gift aid provided by Cornell that does not need to be repaid. The amount is based on family financial need, with no minimum or maximum amount of gift aid that can be awarded.
- Work-Study: Students who receive financial aid may also be eligible for Federal Work-Study. Students are eligible for part-time employment (typically 9-12 hours per week) to earn money to be applied to your educational expenses.
- Loans: Aid that must be repaid with interest after you leave school (having graduated or dropped below half-time).
- Outside Scholarships: Some outside private and non-profit organizations award aid based on specific criteria, such as academics, special talents, traits or interests. Outside aids will reduce the starting loan and work component of a student's financial aid package. These funds can also be used to replace Cornell's standard student contribution. If all of the starting loan and work in your financial aid offer is canceled and your student contribution has been replaced, any remaining funds will reduce your Cornell Grant aid dollar for dollar. Outside aid will not reduce the parent contribution.
Please note: Cornell does not offer aid based on special talents, interests or athletic ability. All Cornell grants are awarded based on a family financial need.