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#18 Best Colleges in America

Cornell Tuition & Cost

Ithaca, New York

 2 Reviews

How much does it cost to attend?

Sticker Price
$76,258
Costs for Cornell University
Fee Cost
Tuition$56,550
Books and Supplies$970
Other Fees$672
Room and Board $15,246
Other Expenses Budget$2,820

Annual Prices

The annual list price to attend Cornell University on a full time basis for 2018/2019 is $76,258 for all students regardless of their residency. This fee is comprised of $56,550 for tuition, $15,246 room and board, $970 for books and supplies and $672 for other fees. Out of state tuition for Cornell University is $56,550, the same as New York residents.

All price data is sourced from the 2019/2020 U.S. Department of Education National Center for Education Statistics survey.
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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 2018/2019
$28,921
Net Price by Income Cornell University
Family Income Net Price Paid
$0 to $30,000$7,484
$30,001 to $48,000$7,518
$48,001 to $75,000$11,869
$75,001 to $110,000$23,128
$110,000+$55,817

The average reported annual net price for Cornell University for students receiving grants or scholarship aid was $28,921 in 2018/2019. 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

48% 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 $44,955 per student during the 2019/2020 school year. Grant and scholarship aid does not need to be paid back. 40% of students received Federal Student Loans averaging $4,105 and 20% of undergrads took out private student loans averaging $6,488.

Finanical Aid Cornell University
Type Avg./Student Students Receiving
Total Grant and Scholarship Aid $44,955 48%
Institutional Grants and Scholarships $43,096 46%
Pell Grants $4,955 16%
Other Federal Grants $4,000 8%
State and Local Grants $3,619 13%
Federal Student Loans $4,105 40%
Other Student Loans $6,488 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
$305,032
Year All Residents
1 $76,258
2 $79,337
3 $82,541
4 $85,875

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 $305,032 - 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 $1,520 $4,560 $6,080

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.