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#17 Best Colleges in America

Cornell Tuition & Cost

Ithaca, New York

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How much does it cost to attend?

Sticker Price
$78,992
Costs for Cornell University
Fee Cost
Tuition$58,586
Books and Supplies$990
Other Fees$696
Room and Board $15,756
Other Expenses Budget$2,964

Annual Prices

The annual list price to attend Cornell University on a full time basis for 2020/2021 is $78,992 for all students regardless of their residency. This fee is comprised of $58,586 for tuition, $15,756 room and board, $990 for books and supplies and $696 for other fees. Out of state tuition for Cornell University is $58,586, the same as New York residents.

All price data is sourced from the 2020/2021 U.S. Department of Education National Center for Education Statistics survey.

Net Price

Net price is indicative of what it actually costs to attend Cornell University when typical grants and scholarships are considered. The net price varies by family income and financial need.

Average Net Price 2019/2020
$27,522
Net Price by Income Cornell University
Family Income Net Price Paid
$0 to $30,000$5,244
$30,001 to $48,000$5,133
$48,001 to $75,000$9,785
$75,001 to $110,000$21,043
$110,000+$52,887

The average reported annual net price for Cornell University for students receiving grants or scholarship aid was $27,522 in 2019/2020. Net price includes tuition and required fees, books and supplies, and average cost for room and board and other expenses

Costs for Similar Colleges 

Financial Aid

58% of full-time undergrad Cornell University received financial aid in the form of grants, scholarships, fellowships from the institution or from Federal, State or local government agencies. This aid averaged $47,664 per student during the 2019/2020 school year. Grant and scholarship aid does not need to be paid back. 37% of students received Federal Student Loans averaging $3,930 and 20% of undergrads took out private student loans averaging $7,419.

Finanical Aid Cornell University
Type Avg./Student Students Receiving
Total Grant and Scholarship Aid $47,664 58%
Institutional Grants and Scholarships $46,168 45%
Pell Grants $5,076 15%
Other Federal Grants $4,000 7%
State and Local Grants $3,432 14%
Federal Student Loans $3,930 37%
Other Student Loans $7,419 20%

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to Cornell University, we've modeled a ten year student loan with an original principal value of $96,996. The loan balance of $96,996 is a four year multiple of the $24,249 average net price. This is a estimate of what you could owe upon graduation if you were to qualify for average financial aid and what a degree really may cost. Should you not qualify for financial aid, you may owe significantly more when you graduate. Based on these assumptions, a monthly repayment of $925 could be required to satisfy your student loan.

Please note that financial aid is not guaranteed and is only available for qualifying students. Federal Student Loans are not grants and must be repaid with interest. The current Stafford loan interest rate is 2.75%.

Example Loan $96,996
Stafford Loan Interest Rate 2.75%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $925.45
Total Interest Paid $14,057.86
Sum of All Loan Payments $111,053.86

Projected 4 Year Degree Price

4 Year Sticker Price
$315,968
Year All Residents
1 $78,992
2 $82,129
3 $85,391
4 $88,782

Based on published tuition prices, we estimate the current cost of a 4 year bachelor's degree and living expenses at Cornell University to be $315,968 - assuming graduation in normal time. The estimation assumes a 4% annual increase over the next 4 years which has been the recent trend for this school.

Credit Hour Cost and Price per Class

Credit Hour and Class Costs at Cornell University
Price Per Credit 3 Credit Class 4 Credit Class
All Residents $1,575 $4,725 $6,300

Estimated cost for a class at Cornell University based on published credit hour prices. Note that not all schools allow single class enrollment. These prices should be used for comparison purposes as to how much it may cost to take a class at Cornell University versus other colleges.

Tuition Payment Plans Available

Cornell University Payment Plans
Tuition Payment Plan No
Prepaid Tuition Plan No
Alternative Tuition Plan No
Guaranteed Tuition Plan No

Primary data source, U.S. Department of Education https://nces.ed.gov/collegenavigator/?id=190415 IPEDS survey data for Cornell University.