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National Application Center :: campus tours :: Cornell College costs & financial aid

Plan, explore, and apply to college using these great tools.

Cornell College

Cornell College
600 First Street SW
Mount Vernon, IA 52314-1098

Official telephone: (319) 895-4000
Fax number: (319) 895-4451
Website: www.cornellcollege.edu
Screen last updated on: December 2016

The financial aid information below is valid for the 2014 academic year.

FINANCIAL AID OFFICE
Financial aid officer: Cindi Reints,
Director of Financial Aid
Contacting the office: 319 895-4216
877 579-4049 (toll free)
319 895-4451 (fax)
financial_assistance@
cornellcollege.edu
FAFSA number: 001856

EXPENSES
Undergraduate tuition: $39,675; $39,675 out-of-state
Additional required fees: $225
Book fees: $1,164
Miscellaneous expenses: $3,294
Other expenses: Transportation and personal.
Combined room and board expenses: $8,900

APPLYING FOR AID

Required form Priority date Rolling? Closing date
FAFSAMarch 1noJune 1

Date award notification begins: March 1
Applied for financial aid:
90% of first-year students
84% of full-time undergraduates
40% of part-time undergraduates
Determined to have financial need:
83% of first-year students
91% of full-time undergraduates
100% of part-time undergraduates
Students determined to have financial need who received any financial aid:
100% of first-year students
100% of full-time undergraduates
100% of part-time undergraduates
Students determined to have financial need who received any need-based gift aid:
100% of first-year students
100% of full-time undergraduates
100% of part-time undergraduates
Students receiving financial aid who received need-based self-help aid:
77% of first-year students
86% of full-time undergraduates
100% of part-time undergraduates
Students receiving financial aid who received any non-need-based gift aid:
99% of first-year students
92% of full-time undergraduates
100% of part-time undergraduates
Students receiving financial aid whose need was fully met (excluding PLUS loans and private alternative loans):
23% of first-year students
14% of full-time undergraduates
0% of part-time undergraduates
Average percent of need that was met of students who received any need-based aid (excluding PLUS loans and private alternative loans):
79% for first-year students
80% for full-time undergraduates
72% for part-time undergraduates
Average financial aid package (excluding PLUS loans and private alternative loans):
$27,831 for first-year students
$32,245 for full-time undergraduates
$19,003 for part-time undergraduates
Average need-based gift award:
$24,662 for first-year students
$23,447 for full-time undergraduates
$15,303 for part-time undergraduates
Average need-based self-help award (excluding PLUS loans and private alternative loans):
$4,518 for first-year students
$5,629 for full-time undergraduates
$3,700 for part-time undergraduates
Average need-based loan (excluding PLUS loans and private alternative loans):
$3,461 for first-year students
$4,805 for full-time undergraduates
$6,500 for part-time undergraduates
Students who had no financial aid need and who received non-need-based aid (excluding athletic awards and tuition benefits):
25% of first-year students
22% of full-time undergraduates
60% of part-time undergraduates
Average award to students who had no financial aid need and who received non-need-based aid (excluding athletic awards and tuition benefits):
$20,576 for first-year students
$18,292 for full-time undergraduates
$1,110 for part-time undergraduates
Students who received a non-need-based athletic award:
0% of first-year students
0% of full-time undergraduates
0% of part-time undergraduates
Average non-need-based athletic award:
$0 for first-year students
$0 for full-time undergraduates
$0 for part-time undergraduates
School participates in Federal Work-Study Program: yes
Percent of students who received aid that participated in Federal Work Study: 72%

TYPES OF AID AVAILABLE
Types of loans available:
  • Direct Subsidized Stafford Loans
  • Direct Unsubsidized Stafford Loans
  • Direct PLUS Loans
  • Federal Perkins Loans
  • State Loans
  • McElroy, Sherman, and United Methodist loans.
Parent loans packaged to meet need: yes
Percent of undergraduates who have borrowed through all loan programs: 79%
Average student debt upon graduation: $25,004
Types of payment plans:
  • Educational Computer Systems, Inc.
Need-based scholarships/grants available:
  • need-based (general)
  • Federal Pell Grants
  • SEOG
  • state scholarships/grants
  • college/university scholarships/grants (institutional funds)
  • private scholarships/grants
  • TEACH grants.
Non-need-based scholarships/grants available:
  • non-need-based (general)
  • state scholarships/grants
  • academic merit scholarships/grants
  • creative arts/performance
  • special achievements/activities

Data is copyrighted material under license to Peterson's, LLC. Material may contain updates provided solely by the institution to which the updated Data relates. These updates are not independently validated, and no party associated with this website can accept responsibility for their accuracy. Copyright © 2021 by Peterson's, LLC. All rights reserved.