CollegeCalc Highest List Price Rank - 19th

Annual Costs

Undergraduate Tuition

Tuition for Cornell University is $52,612 for the 2018/2019 academic year. This is 92% more expensive than the national average private non-profit four year college tuition of $28,471. Cornell University is one of the 100 most expensive colleges in the America, coming in 19th on our Expensive 100 Ranking. The cost is 139% more expensive than the average New York tuition of $22,793 for 4 year colleges. Tuition ranks 181st in New York amongst 4 year colleges for affordability and is the 5th most expensive 4 year college in the state. Price does not vary by residence.

The school charges an additional fees of $241 in addition to tuition bringing the total effective in-state tuition to $52,853.

Housing Costs

On campus room and board is provided by the school at a cost of $14,330 per academic year. Students electing to live off campus elsewhere in Ithaca should budget at least this amount.

Books and Supplies

The estimated annual cost for books and supplies is $930.

Other Living Expenses

If living on-campus, students should budget for $2,208 in additional living expenses. Off-campus students should budget for $2,208 in other miscellaneous living expenses.

Total Costs

The annual tuition and living expense budget to go to Cornell was $70,321 for the 2018/2019 academic year. The cost is the same for all students regardless of New York residence status as there is no in-state discount.

Citation: Price data from the U.S. Department of Education's 2018-2019 and 2017-2018 IPEDS survey response for Cornell University and represent reported costs for the 2016-2017 and 2015-2016 academic years.

Costs and Tuition for Cornell University
Estimated Budgets
New York Resident Total Budget $70,321
   In-State Tuition$52,612
   Other Fees$241
   Room and Board$14,330
   On-Campus Other Budget$2,208
   Books and Supplies$930
Non-Resident Total Budget $70,321
   Out-of-State Tuition$52,612
   Other Fees$241
   Room and Board$14,330
   On-Campus Other Budget$2,208
   Books and Supplies$930


What it Really Costs

Depending on many factors including student and parent income and assets, the total cost of attendance may be less than the $70,321 published price if scholarship or grant aid is made available to you.

Net Price

The net out-of-pocket total cost you end up paying or financing though student loans is known as the net price. The reported Cornell net price for in-state students is $28,537* for the 2014/2015 academic year. This net price includes housing and meal expenses.

Pell Grants and other Grant Aid

50% of Cornell University students received grant aid in 2014/2015. The average total aid amount was $33,064. 15 percent of students received aid in the form of Pell Grants from the U.S. Federal Government. The average Pell Grant awarded for 2014/2015 was $4,331. To apply for a Pell Grant to attend Cornell University, the first step is to fill out the Free Application for Federal Student Aid (FAFSA).

Net Price and Financial Aid for Cornell University
Financial Aid Summary
Average Annual Net Price$28,537*
Percent of Students Receiving Grant Aid50%
Average Total Grant Aid$33,064
Percent of Students Receiving Pell Grants15%
Average Amount of Pell Grant Aid$4,331

Average Net Price by Family Income

The average net total cost of attendance for different levels of family income after federal, state or local government, institutional grant and scholarship aid are awarded. Data last published for the 2014/2015 academic year.

Family Income Avg. Net Price
$0 to $30,000$11,665
$30,001 to $48,000$10,440
$48,001 to $75,000$18,560
$75,001 to $110,000$26,486

Average Financial Aid Mix - $70,321 In-State Total Cost

CollegeCalc has estimated typical coverage of the annual in-state tuition and living expenses of $70,321. Breakdown is based on average grant aid and federal loan aid which will vary based on your family income.


Grants and Scholarships

 49% - $33,064

Money granted to you by the U.S. Department of Education, Cornell University or other organizations. These are not loans and do not need to be repaid.

Federal Loans

 7% - $4,642

Low interest student loans funded by the U.S. Department of Education. This amount will need to be repaid.

Out of Pocket

 45% -  $30,407

Covered by family savings, work or private student loans which you will have to repay.

*Reported Average Annual Net Price for students receiving grant or scholarship aid reported to the U.S. Department of Education's Academic Year 2014-2015 IPEDS Survey. Financial aid is only available to those who qualify. Consult this school's net price calculator for further understanding of your potential net price.

Note that for colleges with no reported on-campus room and board, the average net price has been increased to account for living expenses. This number may not only reflect the net price paid to the school for tuition.

Is it Worth the Cost?

To make a comparative assessment if Cornell is worth the price, measures of it's relative value for tuition dollar can be examined. We've calculated an academic national percentile rating of 98/100 for Cornell University. Considering an average net price paid of $24,249, this leads to an overall value ranking of 70/100. This places the school 122nd on our national Best Value Colleges ranking as a provider of a very high value education compared to actual overall price paid.

Tuition Comparison to Similar Private Colleges in the Region

School Cost vs. Cornell University
Colgate University2% more expensive
Hamilton College0.7% less expensive
Bucknell University2.1% more expensive
Lehigh University4.4% less expensive
Vassar College3.4% more expensive

Cost of a Degree

When considering ability to pay for college, the annual cost is often discussed but it's the "all in" multi-year degree cost which matters in the end. Let's take a look at what it could really cost for four years at Cornell University.

Estimated 4 Year Cost at Published Tuition

At the current published rates, an estimated total tuition, fees and living expense price for a 4 year bachelor's degree at Cornell is $281,284 for students graduating in normal time. This methodology for estimating the 4 year cost is a straight multiple of the most recent reported annual total cost and does not factor in tuition increases during the time you're in school. It also assumes you receive no grant or scholarship aid and pay the full list price.

A potentially more accurate but less conservative estimate of a degree cost can be made by using the school's annual $24,249 in-state net price as the basis. Applying this cost over 4 would estimate the cost of a degree at $96,996**

If you end up on the "five year plan" and need an additional year to graduate, your five year cost could be as high as $351,605 or $121,245 using an average net price.

**Based on a 4 year multiple of Average Annual Net Price for students receiving grant or scholarship aid reported to the U.S. Department of Education's 2014-2015 IPEDS Survey. Financial aid is only available to those who qualify. Consult this school's net price calculator for further understanding of your potential net price.

Other Costs

Estimated Cost Per Semester

Most colleges don't charge students on an annual basis but instead require payment semester by semester. If you ever need to take an additional semester of classes to complete you degree you shouldn't have to pay for a full academic year. These our estimated costs for a semester at Cornell University.

New York Resident Tuition Per Semester$26,306
New York Resident Total Cost Per Semester$35,160

Cost Per Credit Hour and Cost for a Class

Some schools offer the ability to take single classes by paying on a per credit hour basis. The reported price per credit hour and estimated cost for one class at Cornell University are as follows. Per credit costs are for reference only as many schools will not allow students to pay by credit hour.

Cost per credit hour and per class at Cornell University
Price per credit hour$1,410
Cost for one class (3 credit hours)$4,230
Cost for one class (4 credit hours)$5,640


Student Loans and Debt

The second consideration after understanding the cost of college is determining how to finance it. Some students are fortunate enough to have some form of family financial assistance, but student loans end up financing a significant portion of higher education in the U.S. 29% of Cornell University students receive U.S. Federal Student Loans with an average annual Federal Loan aid amount of $4,642. The reported average student debt upon graduation is $20,577.

Example Loan Payments and Costs

How much are student loan payments for Cornell University? Obviously this varies based on a number of factors - offsetting financial aid you receive, percentage of fee you pay upfront while enrolled and the interest rate on your loans. We've modeled a sample student loan based on current Stafford loan rates to give you an approximate idea.

The following are the costs for a loan if you borrowed $96,996, 100% of the estimated average net price for a four year program and paid nothing while enrolled. The total of all payments including interest would sum $120,349.79. This could be your effective total out of pocket cost of an education at Cornell University. Note that this calculation assumes you don't pay full list price tuition, are part of the reported 50% of students at this school who receive financial aid and you are paying an average annual net price of $24,249. If you do not financially qualify for a reduced net price, your student loan payments could be significantly higher than this example. Use our Cornell University student loan calculator below to change loan assumptions and recalculate.

Student loans are not free money and must be repaid. You cannot dismiss student loans by via bankruptcy.

Cornell University Student Loan Payments
Example Payments
Monthly Loan Payment$1,002.91
Amount Borrowed$96,996.00
Interest Rate4.5%
Term10 years
Number of Monthly Payments120
Total Interest Cost$23,353.79
Sum of All Payments over 10 years$120,349.79

Affording Student Loan Payments and Post Graduation Salary

Can I afford to attend Cornell? In the end, the answer comes down a determination if you will earn enough to comfortably pay back a student loan with your post graduation salary. This is an extremely important point to consider. In order to afford student loan payments and still meet all your other costs of living, it is recommended not to borrow more than you can pay back using 10% of your monthly income earned after graduation. If you're considering attending Cornell University, you need to carefully consider if it will be realistic to make the post graduation loan payments based on your expected salary.

Using the 10% of salary threshold, an annual income of $120,349.79 would be needed to afford a $1,002.91 monthly payment in the example $96,996.00 loan modeled above. You will need to determine if it is at all realistic that you will be earning this type of salary after graduation. This assumes a loan payback over 10 years. You can change the terms of this example loan using the student loan calculator below.

Estimated Future Cost and Expected Tuition Increase

What will it cost to send your child to Cornell University in the future? In the past four years, this school's published in-state tuition and fee total rose from $43,185 to $52,612. This amounts to an average annual price increase of 4.4%. Nationally, university tuition prices are rising around 5% per year. Looking out five, ten, fifteen or eighteen years, these are CollegeCalc's estimates how much you could expect to pay for a 4 year degree assuming tuition increases at the national average rate. Estimated future prices are based on the current 4 year cost of $281,284.00. Use the college savings plan calculator below to perform a more comprehensive analysis on future costs and how much you will need to save for Cornell University.

Annual4 Year Degree
Estimated Cost in 5 years for students enrolling in 2025$96,708$386,831
Estimated Cost in 10 years for students enrolling in 2030$123,426$493,705
Estimated Cost in 15 years for students enrolling in 2035 $157,527$630,107
Estimated Cost in 18 years for students enrolling in 2038 $182,357$729,428

Comparable Cost for Popular Majors

We've compared the out of state cost of the most popular undergraduate areas of study at Cornell University to the national average for all other colleges offering the same major. Use this comparison to determine particular programs where this school offers value relative to other colleges.

Area of Study Graduates vs National Avg
Labor and Industrial Relations Bachelor's Degree 250 63% costlier
Hotel/Motel Administration/Management Bachelor's Degree 244 83% costlier
Mechanical Engineering Bachelor's Degree 128 66% costlier
Human Development and Family Studies, General Bachelor's Degree 96 90% costlier
Agricultural Engineering Bachelor's Degree 92 69% costlier
Architecture Bachelor's Degree 76 47% costlier
Electrical and Electronics Engineering Bachelor's Degree 74 67% costlier
Civil Engineering, General Bachelor's Degree 72 66% costlier
Chemical Engineering Bachelor's Degree 71 54% costlier
Public Policy Analysis, General Bachelor's Degree 70 27% costlier
City/Urban, Community and Regional Planning Bachelor's Degree 32 72% costlier
Biology/Biological Sciences, General Bachelor's Degree 32 74% costlier
Economics, General Bachelor's Degree 30 57% costlier
Political Science and Government, General Bachelor's Degree 29 69% costlier
Materials Engineering Bachelor's Degree 25 46% costlier
Fine/Studio Arts, General Bachelor's Degree 25 63% costlier
Environmental Design/Architecture Bachelor's Degree 25 68% costlier
Fiber, Textile and Weaving Arts Bachelor's Degree 23 30% costlier
Mathematics, General Bachelor's Degree 21 71% costlier
Environmental/Environmental Health Engineering Bachelor's Degree 17 48% costlier
History, General Bachelor's Degree 17 72% costlier
Engineering, General Bachelor's Degree 16 54% costlier
Landscape Architecture Bachelor's Degree 16 72% costlier
Psychology, General Bachelor's Degree 16 74% costlier
Chemistry, General Bachelor's Degree 15 69% costlier
Agricultural Economics Bachelor's Degree 15 85% costlier
Physics, General Bachelor's Degree 12 60% costlier
Animal Sciences, General Bachelor's Degree 11 92% costlier
Computer and Information Sciences, General Bachelor's Degree 11 91% costlier
Asian Studies/Civilization Bachelor's Degree 11 34% costlier
Spanish Language and Literature Bachelor's Degree 10 63% costlier
Atmospheric Sciences and Meteorology, General Bachelor's Degree 9 75% costlier
Sociology Bachelor's Degree 9 71% costlier
Computer Science Bachelor's Degree 8 67% costlier
Philosophy Bachelor's Degree 8 56% costlier
Plant Sciences, General Bachelor's Degree 7 76% costlier
English Language and Literature, General Bachelor's Degree 7 75% costlier
Comparative Literature Bachelor's Degree 6 26% costlier
Natural Resources/Conservation, General Bachelor's Degree 6 75% costlier
American/United States Studies/Civilization Bachelor's Degree 5 36% costlier
Biometry/Biometrics Bachelor's Degree 4 26% costlier
Agriculture, General Bachelor's Degree 4 114% costlier
Music, General Bachelor's Degree 4 70% costlier
Anthropology Bachelor's Degree 4 56% costlier
Agricultural Teacher Education Bachelor's Degree 4 113% costlier
Geological and Earth Sciences/Geosciences, Other Bachelor's Degree 3 51% costlier
Gay/Lesbian Studies Bachelor's Degree 3 5% costlier
Viticulture and Enology Bachelor's Degree 3 39% costlier
Near and Middle Eastern Studies Bachelor's Degree 3 17% costlier
African-American/Black Studies Bachelor's Degree 3 49% costlier
Communication, General Bachelor's Degree 3 82% costlier
Linguistics Bachelor's Degree 3 42% costlier
French Language and Literature Bachelor's Degree 3 52% costlier
German Studies Bachelor's Degree 2 27% costlier
Operations Research Bachelor's Degree 2 47% costlier
Entomology Bachelor's Degree 2 56% costlier
Religion/Religious Studies Bachelor's Degree 2 48% costlier
Biological and Biomedical Sciences, Other Bachelor's Degree 2 59% costlier
Classics and Classical Languages, Literatures, and Linguistics Bachelor's Degree 2 33% costlier
Film/Cinema/Video Studies Bachelor's Degree 2 39% costlier
Art History, Criticism and Conservation Bachelor's Degree 2 43% costlier
Astronomy Bachelor's Degree 1 35% costlier
Drama and Dramatics/Theatre Arts, General Bachelor's Degree 1 66% costlier
Speech Communication and Rhetoric Bachelor's Degree 1 77% costlier
Science, Technology and Society Bachelor's Degree 1 24% costlier
Liberal Arts and Sciences/Liberal Studies Bachelor's Degree 1 75% costlier
Information Technology Bachelor's Degree 1 107% costlier
Multi-/Interdisciplinary Studies, Other Bachelor's Degree 1 68% costlier
German Language and Literature Bachelor's Degree 1 49% costlier
Italian Language and Literature Bachelor's Degree 1 35% costlier
Statistics, General Bachelor's Degree 1 56% costlier
International Agriculture Bachelor's Degree 1 61% costlier
Architectural History and Criticism, General Bachelor's Degree 1 18% costlier
Nutrition Sciences Bachelor's Degree 1 57% costlier
Food Science Bachelor's Degree 1 79% costlier
Russian Language and Literature Bachelor's Degree 1 34% costlier
Engineering Physics/Applied Physics Bachelor's Degree 1 44% costlier
Archeology Bachelor's Degree 1 32% costlier


Use the calculators below to formulate a college savings plan for Cornell University or model a student loan.

College Savings Calculator

Plan and Save for College

Discover how much will you need to start saving now to afford Cornell University in the future.

Student Loan Calculator

Estimate Loan Payments

Modify the loan assumptions to fit your financial situation and likely tuition price. Then calculate your payoff and loan payments for a Cornell University student loan.

Prepayment Option

About Cornell University

Cornell University is a four year private college located in Ithaca, New York.  Full time enrollment is 22,227 and part time is 92. Learn more about getting accepted at Cornell University at CollegeSimply.

Students attending this school may pursue both undergraduate and graduate degrees.

Cornell University
300 Day Hall
Ithaca, New York

For Profit / Not For Profit Status

Cornell University is a private not for profit institution.

Cornell University cost and financial aid data source: U.S. Department of Education https://nces.ed.gov/collegenavigator/?id=190415 IPEDS survey data.