Tuition and Financial Aid
Applying for Loans
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Please note: you must re-apply for federal and private educational loans each academic year. Domestic students
To ensure that your aid will be processed prior to the FALL 2009 tuition bill:
After we have reviewed your SAR and tax return; we will send you your student loan renewal notification. This letter outlines the educational budget, the federal and institutional loans you qualify for, and any recommended Grad PLUS or private educational loan amount. Please remember Grad PLUS and private educational loan programs require a separate application. All financial aid sources will be applied first to your university tuition bill. If any of these funds result in a credit balance to your account, the credit will be refunded to you after university registration. If you have not already done so, you can sign up for direct deposit, which will speed up the refund process. Access the online Direct Deposit Form. Outside Scholarships: Scholarships from outside the school are available from many sources. There is some effort involved in securing outside funds. The key is to apply early. You can search for scholarships for free on the web (www.fastweb.com and www.google.com). Many scholarship applications have early deadline dates so do not wait. Begin your search now!! Be aware, there are scholarship scams: warning signs; a fee, money-back guarantee or requests for your credit card or bank account information. Link to our Outside Scholarship site for more. Scholarships from the Johnson School: Students who enroll without scholarship funding during their first year will not receive scholarship support in the second. The notable exception is the school's prestigious Fried Fellowships. You will receive information in the fall term of your second year. SAI MBA Fellowships: Student Agencies, Inc. (SAI) is America's oldest independent student-run organization. Its primary mission is to offer Cornell undergraduate students hands-on experience at managing real businesses with the potential to significantly offset their tuition. SAI is composed of seven different businesses focused primarily on serving students' needs. Each year, SAI offers two second-year MBA students fellowships to serve as mentors to the undergraduate business managers. Special consideration is given to applicants with interests, skills, and experience in strategy or management consulting. If you have questions about the SAI fellowships, please call 607 272-2000 extension 16, or see www.studentagencies.com. International Students Global Student Loan Corporation (GSLC) and HSBC have designed an international student loan program to provide funding specifically to students from India to attend U.S. schools. In the future, GSLC will be expanding the program to include students from other countries of origin from around the world. This solution enables you to borrow funds to cover the complete cost of education - tuition, room, board, books and equipment. A U.S. cosigner is not required but you do need a cosigner from your home country. Students can view all loan terms and conditions and complete an online application at www.GlobalSLC.com. International students also have the option to borrow up to the cost of education with a credit worthy US or permanent resident co-signer. A co-signer loan may carry a lower interest rate. We have provided three (but not limited to) lenders in providing private educational loans to MBA students:
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