OVERVIEW PROGRAMS AND TUITION ADMISSIONSFINANCIAL AID

Cornell College Financial Aid and Scholarships 2022

Cornell College which is a private, United Methodist university, is located in Mount Vernon, IA. The university covers an area of 129 acres. Cornell College was founded in the year 1853. The motto of the Cornell College is Deus et Humanitas and its official colors are purple & white. Taking into account all the courses offered at Cornell College, the total enrolment stands at 1,020. The school has an academic staff of 119 who teach various courses to the students. Around 97% of the students

Cornell College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

98%

Total Aid Amount Average Total Aid Awarded per year.

$26.437M

Financial Aid Official Website

www.cornellcollege.edu/financial_assistance/

Among them are scholarship programs such as Academic Community Enrichment Scholarship (ACE), All Iowa Opportunity Foster Care Grant, August & Edna Zahatko Scholarship, and Bill & Hilda Macomber Alta Kahl Scholarship. Notably, almost all of the college students get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $4,360,805. More information regarding the financial assistance schemes can be accessed on CC’s official financial aid page at http://www.cornellcollege.edu/financial_assistance/. The total percentage of candidates applying to Cornell College who receive the Federal Grant is 29%. In comparison, 100% of the students are awarded the Student Grant, 100% get the Institution Grant, and 29% of the applicants receive the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,855, while the same comes to $5,783 for State Grant receivers and $27,661 for Institution Grant awardees. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,506. Among other things, the annual family income of the applicant plays a major role in determining the total financial aid they are actually eligible to receive. On average, students with an annual family income of less than $30,000 will obtain a federal aid of $35,351 per year. The average aid amount stands at $34,571 for an annual family income between $30,001 and $48,000. This amount comes to $30,446 for those who fall under the $48,001-$75,000 family income bracket. Those with an annual income level of $75,001-$110,000 would receive $28,024, while candidates with more than $110,000 of family income receive an average federal aid of $24,251. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. However, student loans attract a certain rate of interest at which the funds are borrowed. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At CC, an estimated number of 62% of the applicants choose to go for student loans.

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#N/A

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Toccoa Falls College (TFC)

#N/A

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