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Cornell College Tuition, Costs, & Financial Aid Information

Mount Vernon, IA

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Tuition and Expenses

Cost of Attendance
$57,960
Tuition and Fees
$44,096
Room and Board
$9,760
Books and Supplies
$1,200
Other Expenses
$2,904
Payment Plans
 

Applying for Financial Aid

Financial Aid Office

Email
Web Site
Financial Aid Web Site
Net Price Calculator URL
Not reported

Application Process

Application Deadline
Priority deadline March 1
Award Notification
On a rolling basis beginning January 15
Methodology for Awarding Institutional Aid
Federal Methodology
Forms Required Cost to File
FAFSA
Code is 001856		 Free

Profile of 2019 - 20 Financial Aid

Freshman

Financial Aid Applicants
250 (92.6%) of freshmen
Found to Have Financial Need
214 (85.6%) of applicants
Received Financial Aid
214 (100.0%) of applicants with financial need
Need Fully Met
56 (26.2%) of aid recipients
Average Percent of Need Met
84%
Average Award
$33,319
Need-Based Gift
Received by 214 (100.0%) of aid recipients, average amount $32,207
Need-Based Self-Help
Received by 145 (67.8%) of aid recipients, average amount $3,861
Merit-Based Gift
Received by 54 (25.2%) of aid recipients
Merit-Based Gift
47 (17.4%) of freshmen had no financial need and received merit aid, average amount $28,293

All Undergraduates

Financial Aid Applicants
795 (78.4%) of undergraduates
Found to Have Financial Need
699 (87.9%) of applicants
Received Financial Aid
699 (100.0%) of applicants with financial need
Need Fully Met
165 (23.6%) of aid recipients
Average Percent of Need Met
82%
Average Award
$33,307
Need-Based Gift
Received by 699 (100.0%) of aid recipients, average amount $30,116
Need-Based Self-Help
Received by 522 (74.7%) of aid recipients, average amount $5,016
Merit-Based Gift
Received by 137 (19.6%) of aid recipients
Merit-Based Gift
291 (28.7%) of undergraduates had no financial need and received merit aid, average amount $23,751

Borrowing

2019 Graduates Who Took Out Loans
79%
Average Indebtedness of 2019 Graduates
$38,215
Parents of Students Receiving Aid
Not reported
Parents of Students Not Receiving Aid
Not reported

Financial Aid Programs

Loans

Federal Loans
Direct subsidized Stafford loans, direct unsubsidized Stafford loans, direct PLUS loans
State Loans
 
Other Loans
College/university loans, McElroy, Sherman, and United Methodist Loans

Scholarships and Grants

Need-Based Available
Federal Pell grants, SEOG, State scholarships, Institutional scholarships
Non-Need–Based Available
None

Non-Need Awards

Academic Interest/Achievement Award Areas
Not reported
Number of Awards
Not reported
Top Areas (By Money Awarded)
 
Creative Arts/Performance Award Areas
Applied Art and Design, Dance, Music, Performing Arts, Theater/Drama
Number of Awards
Not reported
Top Areas (By Money Awarded)
 
Special Achievements/Activities Award Areas
Not reported
Number of Awards
Not reported
Top Areas (By Money Awarded)
 
Special Characteristics Award Areas
Children and Siblings of Alumni, Children of Faculty/Staff
Number of Awards
Not reported
Top Areas (By Money Awarded)
 

Employment

Work-Study Programs
Federal work study available, other work study available
Average Earnings from On-Campus Employment
Not reported

A portion of the College Profile data is provided under license by:
Peterson's Undergraduate and Undergraduate Financial Aid Databases, copyright © 2020 Peterson's LLC. All rights reserved.