To study at an ivy-league institution like Cornell is a big financial commitment for any international student planning to study abroad. Acknowledging this, through Cornell University scholarships and need-based aid, the university tries to offer financial assistance to its incoming students.
At Cornell, the financial aid system various as per the level of study. While undergraduate students are offered only need-based financial assistance, graduate students are eligible for both need-based assistance and merit-based Cornell University scholarships and fellowships. In addition to tuition-based aid for international students, the university offers financial aid to defray the cost of living.
For the academic session 2018-2019, Cornell University students were provided USD 412.9 million in total student financial support. These include need-based financial aid, merit-based Cornell University scholarships, fellowships, and assistantships. The Chart given below highlights the total funding put towards Cornell University scholarships, fellowships, and bursaries over the years:
Apart from university grants, international students are also eligible for several endowments grants available as Cornell University scholarships. One of the biggest endowment grant being the Tata Cornell University Scholarship awarded to Indian students commencing their UG studies at the university. Likewise, there are several endowment scholarships and fellowships for graduate students.
Cornell University Scholarships for UG & PG Students
As discussed, Cornell offers the majority of financial assistance through need-based grants and not Cornell University Scholarships. Furthermore, undergraduate students receive more financial assistance at Cornell than graduate students. In 2018/19, USD 267 million and USD 146 million were granted to students commencing Cornell undergraduate and graduate programs respectively.
Undergraduate Students: The average Cornell grant offered to a first-year undergraduate student in Class of 2021 was USD 40,686 and the highest grant awarded was USD 76,997. The grant covers almost 50%-90% of tuition and fees expenses.
Graduate Students: Merit-based Cornell University scholarships for graduate students are program-specific and based on admission applications. For instance, international students commencing Cornell Masters of Engineering program are eligible for Knight Scholarship ( upto USD 40,000) and MEC Scholarship ( USD 20,00- upto full-tuition).
At the graduate level, students shortlisted for assistantships and fellowships are annually awarded USD 28, 036.
Application for Cornell University Financial Aid
Prospective applicants, seeking need-based financial assistance, are urged to express their requirements at the time of admission to Cornell University. To apply for financial aid, international applicants must complete the College Scholarship Service (CSS) application.
- The Cornell University financial aid deadlines are:
- Early Decision: November 1
- Regular Decision: January 2
- Documents required to complete CSS profile
- Tax returns
- W-2 form/ records of current income
- Records of untaxed income and benefits
- Assets and bank statements
Complete your CSS profile with utmost accuracy, any discrepancies will result in rejection of the application.
External Scholarships at Cornell University
As observed, international students are offered a limited financial assistance through Cornell University scholarships and bursaries. This stops several meritorious students from seeking admission at Cornell.
To help these students fulfill their dream of getting a Cornell education and degree, various private organizations invest in their education. Over the years, this has led to a significant increase in the number of international students from countries like India, China, Brazil, etc.
Some of the external Cornell University scholarships for Indian students are mentioned in the following table:
|Scholarship Name||Level of Study||Scholarship Benefits||Scholarship Eligibility|
|Fulbright Scholarship||Masters and research program||Varies||International student; commencing an eligible academic program|
|JN Tata Endowment Scholarship||Masters program||INR 1,00,000- INR 10,00,000||Below 40 years; at least 65% in UG; Indian Student|
|Aga Khan Foundation Scholarship||Masters program||Full tuition fees ( 50% award & 50% loan)||Below 30 years of age; Belong to AKF eligible country; Enrolling in AKF relevant field|
|KC Mahindra Trust Scholarship||Masters program||Varies; interest-free loan scholarship||Indian student; above 65% in UG|
|OPEC Fund for International Development Scholarship||Bachelor and masters program||Full tuition fees & Partial living expenses||Citizen of developing country like India; commencing relevant program|
Applicants will have to apply for suitable external scholarships before commencing their chosen program at Cornell University. They must remember that each of these scholarships has separate eligibility criteria and selection process.
With Cornell University scholarships and financial aid and external scholarships, international students can definitely pursue their chosen program at this ivy league institution. Cornell University aspirants are encouraged to explore their funding options and apply for an eligible scholarship and financial aid programs.
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I have some financial aid to make education more affordable. This would be difficult without financial aid. They are good about aid but the process includes filling out lots of paperwork.
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