Cornell College
Mount Vernon, IA, USA

Tuition, Cost & Aid

Affordability and Cost

Average Net Price Average net price for full-time, first-time degree/certificate-seeking undergraduates paying the in-state or in-district tuition rate who were awarded grant or scholarship aid from federal, state or local governments, or the institution. Other sources of grant aid are excluded. Aid awarded anytime during the full aid year is included.

Average net price is generated by subtracting the average amount of federal, state or local government, or institutional grant and scholarship aid from the total cost of attendance. Total cost of attendance is the sum of published tuition and required fees (lower of in-district or in-state), books and supplies and the weighted average room and board and other expenses.
$24,355
Calculate your net cost
Average Net Price By Family Income
Income
Average Amount
< $30k
$18,604
$30k - $48k
$19,384
$48k - $75k
$23,509
$75k - $110k
$25,931
$110k+
$29,704
Tuition
In-State Tuition In-state tuition is the tuition charged by institutions to those students who meet the state's or institution's residency requirements. In-district tuition is the tuition charged by the institution to those students residing in the locality in which they attend school and may be a lower rate than in-state tuition if offered by the institution.
$42,299
Out-of-State Tuition Out-of-state tuition is the tuition charged by institutions to those students who do not meet the state’s or institution’s residency requirements. Out-of-district tuition is the tuition charged by the institution to those students not residing in the locality in which they attend school.
$42,299
Additional Costs
Room and Board The weighted average for room and board and other expenses is generated as follows:
  • (amount for on-campus room, board and other expenses * # of students living on-campus.
  • + amount for off-campus (with family) room, board and other expenses * # of students living off-campus with family
  • + amount for off-campus (not with family) room, board and other expenses * # of students living off-campus not with family)
divided by the total # of students. Students whose living arrangements are unknown are excluded from the calculation. For some institutions the # of students by living arrangement will be known, but dollar amounts will not be known. In this case the # of students with no corresponding dollar amount will be excluded from the denominator.
$9,384
Books and Supplies
$1,323
Tuition Payment Plan
Yes
Financial Aid: visit page

Aid & Grants

0
100
84%
Need Met
Students Receiving Gift Aid Percent of undergraduate students awarded federal gift aid. Federal gift aid includes any grant or scholarship aid awarded, from the federal government, a state or local government, the institution, and other sources known by the institution.
29%
Average Aid Per Year
$26,957
Students Receiving Grants Percent of undergraduate students awarded grant aid. Grant aid includes any grant or scholarship aid awarded, from the federal government, a state or local government, the institution, and other sources known by the institution.
29%
Average Federal Grant Aid Per Year
$5,071
Average Institution Grant Aid Per Year
$24,833
Students receiving state aid
11%
Average State Grant Aid Per Year
$5,920
Students receiving federal aid
29%
Average Federal Grant Aid Per Year
$5,071
Average Grant & Scholarship By Family Income
Income
Average Amount
< $30k
$35,351
$30k - $48k
$34,571
$48k - $75k
$30,446
$75k - $110k
$28,024
$110k+
$24,251
Total Needs Based Scholarships/Grants Total amount of grant or scholarship aid awarded to all undergraduates from the federal government, state/local government, the institution, and other sources known to the institution.
$18,350,721
Total Non-Need-Based Scholarships/Grants
$7,928,106

Student Loans

Students Borrowing Loans Loans to students - Any monies that must be repaid to the lending institution for which the student is the designated borrower. Includes all Title IV subsidized and unsubsidized loans and all institutionally- and privately-sponsored loans. Does not include PLUS and other loans made directly to parents.
66%
Average Loan Amount Per Year
$8,449
Students receiving federal loans
65%
Average Federal Loans Per Year
$5,717
Average Other Loans Per Year
$7,750
Average Debt at Graduation The median federal debt of undergraduate borrowers who graduated. This figure includes only federal loans; it excludes private student loans and Parent PLUS loans.
$25,000
Loan Default Rate
3%
US National: 7%
Median Monthly Loan Payment The median monthly loan payment for student borrowers who completed, if it were repaid over 10 years at a 5.05% interest rate.
$287

What Students Are Saying

4.01 Average Rating
Cornell gives out financial aid and generous scholarships to students. These scholarships range from science to performing arts to merit-based.
Chandra
This institution does give a good overall value. The classes are set up for you to learn, and the unique calendar works well for a number of students. There are also a number of opportunities on and off campus. The one draw back for me is that I wish there were more dance opportunities.
Yolanda from Portland, OR
It's true that Cornell is a bit on the expensive side, but they are definitely not stingy with scholarships and grants. Talk to your admissions counselors if you're worried about the money aspect, they will do almost anything to get you up to the hilltop!
Lucee from Pleasanton, TX
Although the price can seem overwhelming, the education and experience you'll get to have here are worth it! Cornell is usually quite generous with it's financial aid packages and the financial aid office is always more than willing to help students discover other options to pay for school and with providing information on outside scholarships.
Ann from Houston, TX
Cornell is pricey. But it's worth every penny. The professors here ONLY teach Undergrads. They aren't doing it as a chore that just gets in the way of their research projects. CC professors and staff are all hardworking and what to give you the best education possible.
Maria from Albuquerque, NM
It is quite expensive; however, you will always have a class with a tenured professor never a teacher's assistant. You will get a unique experience with plenty of opportunities for off campus studies and research with a professor. There are plenty of campus resources to help you find a good internship as well.
Brandon from Gilbert, IA
Cornell College gives out so many scholarships and grants to students for talent and achievement. Students all throughout the school come from varying economic situations, and the Financial Aid Office makes sure everyone who wants to go can go to Cornell.
Kahn from Washington, DC
Cornell is financially amazing. They do a lot of fund raising that keeps tuition much lower than similar schools, and then they offer amazing financial aid and scholarships on top of that. Don't get scared off by the starting price tag, many students never come close to paying full tuition, room and board.
Elizabeth

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