Scholarships, Grants, and Loan Trends at Cornell

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 7,556, which is 51.22 % of all undergraduate students. 4,395 students which is 29.89% of undergraduate students received federal student loans and the average loan amount is $4,915.
For full-time, first-time beginning students (freshmen), 49.11% of students received grants or scholarships and 32% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Cornell University since 2013.
For that period, the average number of students who received grants aid/scholarships is 7,556, which is 51.22 % of all undergraduate students. 4,395 students which is 29.89% of undergraduate students received federal student loans and the average loan amount is $4,915.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-148,052 (56%)$32,4142,346 (16%)$4,2714,467 (31%)$5,066
2014-157,826 (55%)$33,3762,207 (15%)$4,3544,326 (30%)$5,286
2015-167,614 (53%)$34,0132,202 (15%)$4,3884,253 (30%)$5,345
2016-177,707 (53%)$34,9762,261 (16%)$4,4114,330 (30%)$5,006
2017-187,756 (52%)$39,8682,416 (16%)$4,6234,586 (31%)$4,621
2018-197,138 (47%)$45,7192,555 (17%)$4,8205,282 (35%)$4,648
2019-207,051 (47%)$49,1492,440 (16%)$4,9614,936 (33%)$4,577
2020-217,206 (49%)$52,1782,561 (17%)$5,1223,779 (26%)$4,829
2021-227,656 (49%)$54,3522,737 (18%)$5,2353,594 (23%)$4,860
Average7,556 (51.22%)$41,7832,414 (16.22%)$4,6874,395 (29.89%)$4,915

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

For the last 10 years, on average, 1,620 (49.11 % of students) received grants or scholarships and its average amount is $42,281. It can cover 64.05% of tuition & fees ($66,014).
In addition, 1,057 (31.89 % of students) students get helped from the students loans (average amount : $7,773).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-141,623 (50%)$33,0641,001 (31%)$7,306
2014-151,581 (49%)$34,9411,009 (31%)$7,453
2015-161,562 (49%)$35,445954 (30%)$8,030
2016-171,616 (49%)$36,1641,005 (30%)$8,107
2017-181,634 (49%)$41,4051,055 (32%)$7,448
2018-191,570 (48%)$44,9551,362 (41%)$7,078
2019-201,489 (47%)$47,6641,226 (38%)$7,639
2020-211,608 (50%)$52,674881 (27%)$8,585
2021-221,901 (51%)$54,2191,022 (27%)$8,309
Average1,620 (49.11%)$42,2811,057 (31.89%)$7,773
*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.
The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 527 (15.89 % of students) received Pell (federal) grants and its average amount is $4,807.
In addition, 457 students received State/local government grants/scholarships (13.89 % of students).
Year Federal (Pell) GrantsOther Federal State/Local governmentInstitutional
Number Received (percent)Average AmountNumber Received (percent)Average Amount Number Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14482 (15%)$4,331335 (10%)$2,731442 (14%)$2,5121,515 (47%)$32,707
2014-15483 (15%)$4,471366 (11%)$2,725464 (14%)$2,8381,497 (46%)$33,913
2015-16484 (15%)$4,469253 (8%)$2,708450 (14%)$3,0451,437 (45%)$35,592
2016-17466 (14%)$4,556294 (9%)$2,706458 (14%)$3,2431,476 (45%)$36,611
2017-18523 (16%)$4,804249 (7%)$3,967456 (14%)$3,1801,543 (46%)$40,638
2018-19537 (16%)$4,955249 (8%)$4,000427 (13%)$3,6191,517 (46%)$43,096
2019-20488 (15%)$5,076233 (7%)$4,000436 (14%)$3,4321,431 (45%)$46,168
2020-21578 (18%)$5,234280 (9%)$3,980445 (14%)$3,5401,569 (48%)$50,341
2021-22705 (19%)$5,368359 (10%)$3,979534 (14%)$3,9991,837 (49%)$52,108
Average527 (15.89%)$4,807291 (8.78%)$3,422457 (13.89%)$3,2681,536 (46.33%)$41,242
*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..
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, 1,057 (31.89 % of students) get any students loan help and its average loan amount is $1,057.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-141,001 (31%)$7,306934 (29%)$4,642291 (9%)$10,235
2014-151,009 (31%)$7,453948 (29%)$4,696325 (10%)$9,441
2015-16954 (30%)$8,030882 (28%)$4,697368 (12%)$9,559
2016-171,005 (30%)$8,107881 (27%)$3,640679 (20%)$7,276
2017-181,055 (32%)$7,448998 (30%)$3,533678 (20%)$6,388
2018-191,362 (41%)$7,0781,324 (40%)$4,105648 (20%)$6,488
2019-201,226 (38%)$7,6391,169 (37%)$3,930643 (20%)$7,419
2020-21881 (27%)$8,585835 (26%)$3,924513 (16%)$8,357
2021-221,022 (27%)$8,309963 (26%)$3,993606 (16%)$7,667
Average1,057 (31.89%)$7,773993 (30.22%)$4,129528 (15.89%)$8,092
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