FINANCIAL AID, TUITION, AND INSURANCE
Financial Aid
US Citizens and Permanent Residents: If you have not done so, it's not too late to apply for federal student loans.
Click here for information and procedures.
Federal Loan Master Promissory Note (MPN): For students accepting the Federal Loan outlined in their award notification and who have applied and submitted the required application for the Federal Graduate PLUS program; an online entrance counseling session and MPN(s) will need to be completed. You will receive an email from the financial aid office on how to complete these steps mid-June.
International Students who are interested in borrowing through our loan program without a cosigner can apply online to receive your conditional approval with
Quorum Federal Credit Union beginning June 1. To finalize your loan you will be required to attend a meeting with Quorum Federal Credit Union to provide proof of identity (Passport, I20 and VISA), become a credit union member and sign your loan note before funds can be disbursed. Meetings will be held here at Johnson in August and we will notify students once we have finalized the times.
Financial aid (loans and scholarships) credits will be posted directly to your bursar account on a semester bases. Some students may have financial aid in excess of the charges (tuition, health insurance, parking, etc.). If you have applied for aid greater than the charges you will receive a refund for the difference. You will receive instructions on how to sign up for student aid refunds using direct deposit once you receive your electronic tuition statement in July. Once all aid has been posted to your account any credit balance will be refunded after official university instructions begin on August 27. You should be prepared to use your own resources to cover your expenses until early September.
Tuition, Health Insurance
Fall 2014 Tuition: Your Cornell tuition bill will be available to view and pay online beginning July 11. Tuition payment is due August 7 and must be paid or covered by pending financial aid. On this bill you will see your fall tuition charge of $29,096, admissions deposit credit, plus your initial billing for student health insurance (read more about
health insurance). Full payment of your student bill is due by the date indicated on your statement. You are responsible for paying any amounts not covered by financial aid. A late-payment penalty of 1.25% of any past-due balances will be assessed.
You will not receive paper bills. Cornell University bills via electronic E-Bills (Net.Pay administered through Sallie Mae). You will receive further information and instructions on how to understand your E-bill in the coming months.
The Office of the Bursar offers several payment options, for information please visit the
bursar website.
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