Tuition & Expenses
Financial Aid Budget
Tuition and Living Allowance (2013-2014)
|
Summer 2013
Budget - AMBA |
2013-14 Academic Year
Budget (Ten months) -AMBA and 2 year program |
| Tuition* |
$33,840 |
$55,948 |
Housing and Food~
|
$3,750
|
$12,500
|
| Books |
$550
|
$1,100
|
| Computer** |
$2,000 |
$2,000 |
| Health Insurance*** |
$600 |
$2,200 |
| Personal Expenses |
$1,700 |
$5,000 |
| Total |
$42,440 |
$78,748 |
* Although we make every effort to inform students of changes in advance, the amount, time, and manner of payment of tuition, fees, or other charges may be changed at any time without notice. Average tuition increase per academic year 3-5%
~ Based on the cost of sharing a moderately priced apartment ($850 housing/$400 food per month). Your living costs will depend on your lifestyle and living arrangements.
** Computer allowance is a one-time expense
*** Estimated Student Coverage
For students enrolled in the Accelerated MBA program you will add summer and academic year costs together to arrive at the tuition and living allowance for the one-year program.
Additional Expenses
Discretionary lifestyle choices cannot be subsidized by federal OR private education loans. Additional expenses, up to, but not exceeding the amounts listed, can be used to increase the financial aid budget on a case-by-case basis after discussion with the Financial Aid Office. Any increase to a student's budget will be funded through Grad PLUS or private educational loans only.
Additional Expenses:
- Travel allowance $1,000
- Spouse/same sex partner allowance $6,000
- Cornell's spouse/same sex partner health insurance $3700
- Dependent allowance $2,500
- Cornell's dependent(s) health insurance $2,360
- Additional Two Months housing for 12 month leases only $1,700
- International Course Trips for credit; varies by trip
Cornell University Bursar Procedures
Most University charges and credits are processed through the University Bursar system. Tuition is billed on a semester bases. Your fall semester tuition bill will be available online mid-July and due by August 7. Note that for the Accelerated MBA program, summer tuition bills will be available online in April/May. Your fall (or summer) tuition bill must be paid to register. Your admissions deposit (less a $50 matriculation fee) will be credited against your first semester tuition amount. All financial aid is disbursed in two equal installments and credits to a student bursar account. If any of these funds result in a credit balance to your account, the credit will be refunded to you
after university registration which occurs late August. You will receive instructions on how to sign up for financial aid refunds using direct deposit once you receive your electronic tuition statement mid July.
Cornell offers online payment with Cornell Net.Pay and a monthly installment plan. Please visit their web site http://www.bursar.cornell.edu for more information.
For further information, contact:
Financial Aid Office
113 Sage Hall
Johnson Graduate School of Management
Cornell University
Ithaca, NY 14853-6201
phone: 607 255 6116
email: Financial Aid
