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What is the average financial aid amount at Cornell University?

For the academic year 2022-2023, total 2,189 full-time, first-time students (59% of all freshmen) awarded any student financial aid. The headcount includes the number of full-time, first-time degree seeking beginning undergraduate students.

For all undergraduate students, total 7,656 students (49% of all students) received grants or scholarships and the average grant amount is $54,352. In addition, 3,594 students received student loans and the average loan amount is $4,860.

Below tables show the number and amount by source of financial aid at Cornell University.
All Undergraduate Student Financial Aid at Cornell University
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Federal, state, local, institutional or other grant aid7,65649%$54,352
Pell Grants2,73718%$5,235
Federal Student Loans3,59423%$4,860
Beginning Students (Freshmen) Financial Aid at Cornell University
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid2,18959%-
Grants or Scholarship from All Sources1,90151%$54,219
Federal Grants70519%$7,395
Pell Grants70519%$5,368
Other Federal Grants35910%$3,979
State/Local Grants53414%$3,999
Institutional Grants1,83749%$52,108
Student Loans1,02227%$8,309
Federal Student Loans96326%$3,993
Other Student Loans60616%$7,667

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