How Cornell's Financial Aid Changes

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Cornell College since 2013.

For that period, the average number of students who received grants aid/scholarships is 1,019, which is 98.44 % of all undergraduate students. 670 students which is 64.67% of undergraduate students received federal student loans and the average loan amount is $7,015.

Year	Grant or Scholarship^*		Pell Grants		Federal Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	1,091 (97%)	$24,545	386 (34%)	$4,308	779 (69%)	$7,529
2014-15	1,052 (98%)	$25,489	362 (34%)	$4,407	746 (69%)	$7,418
2015-16	1,011 (98%)	$25,040	325 (32%)	$4,392	713 (69%)	$7,073
2016-17	966 (99%)	$25,630	279 (29%)	$4,508	654 (67%)	$6,942
2017-18	993 (98%)	$26,623	270 (27%)	$4,360	649 (64%)	$6,919
2018-19	1,016 (99%)	$27,872	260 (25%)	$4,506	636 (62%)	$6,857
2019-20	1,014 (99%)	$29,815	231 (23%)	$4,469	618 (61%)	$6,823
2020-21	994 (99%)	$32,890	237 (24%)	$4,923	578 (58%)	$6,748
2021-22	1,035 (99%)	$35,483	297 (28%)	$5,079	660 (63%)	$6,823
Average	1,019 (98.44%)	$28,154	294 (28.44%)	$4,550	670 (64.67%)	$7,015

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

Overview

For the last 10 years, on average, 290 (99.89 % of students) received grants or scholarships and its average amount is $29,734. It can cover 58.72% of tuition & fees ($50,634).

In addition, 188 (64.56 % of students) students get helped from the students loans (average amount : $8,201).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	266 (99%)	$25,413	178 (66%)	$7,651
2014-15	261 (100%)	$24,377	177 (68%)	$7,282
2015-16	275 (100%)	$24,224	190 (69%)	$9,143
2016-17	287 (100%)	$26,957	188 (66%)	$8,449
2017-18	300 (100%)	$27,840	184 (61%)	$8,471
2018-19	296 (100%)	$29,720	184 (62%)	$8,508
2019-20	270 (100%)	$33,265	171 (63%)	$8,160
2020-21	290 (100%)	$37,745	172 (59%)	$7,914
2021-22	366 (100%)	$38,069	247 (67%)	$8,230
Average	290 (99.89%)	$29,734	188 (64.56%)	$8,201

^*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.

^**percentage of number of students receiving aids among all undergraduate students.

Grants/Scholarship

The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 81 (27.78 % of students) received Pell (federal) grants and its average amount is $4,554.

In addition, 34 students received State/local government grants/scholarships (11.67 % of students).

Year	Federal (Pell) Grants		Other Federal		State/Local government		Institutional
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	92 (34%)	$4,193	92 (34%)	$384	23 (9%)	$4,152	266 (99%)	$23,471
2014-15	73 (28%)	$4,218	73 (28%)	$400	20 (8%)	$4,448	261 (100%)	$22,745
2015-16	71 (26%)	$4,225	72 (26%)	$450	25 (9%)	$5,340	275 (100%)	$22,530
2016-17	82 (29%)	$4,704	84 (29%)	$479	31 (11%)	$5,920	287 (100%)	$24,833
2017-18	65 (22%)	$4,041	66 (22%)	$450	26 (9%)	$5,456	300 (100%)	$26,392
2018-19	85 (29%)	$4,311	85 (29%)	$544	34 (11%)	$5,783	296 (100%)	$27,661
2019-20	57 (21%)	$4,573	71 (26%)	$1,015	42 (16%)	$6,111	270 (100%)	$31,082
2020-21	85 (29%)	$5,454	274 (94%)	$898	44 (15%)	$5,650	290 (100%)	$34,441
2021-22	116 (32%)	$5,265	366 (100%)	$1,365	61 (17%)	$6,788	366 (100%)	$33,904
Average	81 (27.78%)	$4,554	131 (43.11%)	$665	34 (11.67%)	$5,516	290 (99.89%)	$27,451

^*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.

^**percentage of number of students receiving aids among all undergraduate students..

Student Loans

The following table describes number of students and average amount of loans by loan type. The following table shows the trends of grants or scholarships over time.

For the last 10 years, on average, 188 (64.56 % of students) get any students loan help and its average loan amount is $188.

Year	Total		Federal student loans		Other student loans
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	178 (66%)	$7,651	178 (66%)	$6,444	45 (17%)	$4,773
2014-15	177 (68%)	$7,282	177 (68%)	$5,900	49 (19%)	$4,993
2015-16	190 (69%)	$9,143	189 (68%)	$5,647	54 (20%)	$12,408
2016-17	188 (66%)	$8,449	187 (65%)	$5,717	67 (23%)	$7,750
2017-18	184 (61%)	$8,471	184 (61%)	$5,617	67 (22%)	$7,837
2018-19	184 (62%)	$8,508	180 (61%)	$5,603	73 (25%)	$7,628
2019-20	171 (63%)	$8,160	171 (63%)	$5,630	52 (19%)	$8,320
2020-21	172 (59%)	$7,914	166 (57%)	$5,607	46 (16%)	$9,357
2021-22	247 (67%)	$8,230	244 (67%)	$5,893	103 (28%)	$5,775
Average	188 (64.56%)	$8,201	186 (64.00%)	$5,784	62 (21.00%)	$7,649

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Scholarships, Grants, and Loan Trends at Cornell

All Undergraduate Students Financial Aid Over Time

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time