Financial assistance is provided by the Office of Student Financial Planning through gift aid, work, and student loans. Because college scholarships are awarded based on financial need, parental information is required for all unmarried students under age 30.
Step 1: Apply for Aid
Current students must submit the following by April 1* for each academic year.
- FAFSA (school code: 002711)
24-25 Financial Aid Dashboard
- Aid Selection (Gift Aid & Loans, Loans Only, Not Applying)
- Student Survey and Student Statement of Personal Interests (if applying for gift aid)
- Submit any additional requested documents to our office (required documents are listed on the Financial Aid Dashboard)
*You can still apply after the priority date of April 1 but may receive a delayed financial aid award offer as a result.
The CSS Profile is not required for most returning students. If you have had a significant change in financial circumstances or are a first time financial aid applicant, you may be requested to submit one at a later date.
Health Professions Student Loan Recipients- a parent IRS Tax Transcript is required each year.
Step 2: Finalize Aid
A) You must actively Accept Federal Loans or Work Study Awards.
Note for First-time Borrowers
- Master promissory notes: The first time you are awarded loans as part of your financial aid package, you will need to sign a master promissory note (MPN) in order for your loans to disburse. All MPNs should be signed online before the beginning of the fall semester.
- Entrance Counseling: Must be completed before the start of the fall semester to ensure loan disbursement for all first-time borrowers. All students must complete a one-time loan entrance counseling session online before any federal loan money can be disbursed. This should be done online at studentaid.gov in conjunction with the signing of the loan promissory notes.
B) Review the financial aid summary you will receive.
C) Calculate your actual expenses and compare them to the financial aid summary. We created this Budget Worksheet to help you limit borrowing when possible.
D) If any needs are unmet, you may request a Grad PLUS Loan.
E) Sign up for direct deposit at the Bursar Services to receive refunds for living expenses.
Step 3: Read About Your Responsibilities
The Financial Aid Applicant's Responsibilities
As an applicant for financial aid, you have the responsibility to:
- Stay informed about financial aid deadlines, and comply with requests for documentation by checking the Financial Aid Tracking Page, and reading email and postal mail messages.
- Accurately complete your application(s) for student financial aid. Errors can result in long delays in your receipt of aid. Intentional misreporting of information on forms for federal financial aid is a violation of law and is considered a criminal offense subject to penalties under the U.S. Criminal Code.
- Return all additional documentation, verification, corrections and/or new information requested by the Financial Aid Office as promptly as possible. The college is required by federal law to have on file documentation of family resources and of any circumstances necessitating adjustment of a student's budget.
- Read and understand all forms you are asked to sign and keep copies of them.
- Attend required loan initiation and exit interviews. The college conducts loan initiation and exit interviews for all loan programs in which it participates, as required by federal law. These interviews are for the purpose of insuring that all borrowers understand the obligation to repay student loans, avenues for seeking assistance if problems arise and consequences of failure to repay.
- Accept responsibility for all agreements you sign. The signing of a promissory note for a long-term loan initiates the disbursement of loan moneys and signifies your acceptance of a moral and legal obligation to repay the loan after leaving college. Default on any federal loan or failure to repay a federally funded education grant disbursed for a period in which you were not enrolled makes you ineligible for all federal aid until due repayments are made.
- Inform the College of Veterinary Medicine Financial Aid Office of any changes in your economic or financial circumstances. This includes any outside resources, (grants, assistantships, fellowships, earnings, loans, endowments, etc.) not counted at the time your application was originally reviewed and financial need determined.
- Review annually the future costs of education loans and establish a personal education debt limit compatible with realistic income expectation.
- Keep this college, your lender and your loan guarantor informed of your enrollment status and your address at all times. Changes in enrollment status can affect financial aid eligibility and loan repayment schedules. Maintenance of contact with lenders is essential for any situation that deviates from the expected scholastic time schedule or loan repayment schedule. Keep your addresses (home, local, billing) up to date with the university online at studentcenter.cornell.edu.
Financial aid applicant should be aware of our Financial Aid Policies.