Financial Aid

Student loans for the Cornell Executive MBA and Cornell Executive MBA Americas

Many students receive some form of sponsorship from their employer. In some cases, students may need to apply for loans to cover all or part of their tuition. We have designed this page for your information and to help you through the student loan application process. The loan programs outlined below are available regardless of financial need and the amount of eligibility depends on the total cost of the program.  Scholarship support is not available from Cornell University or Johnson.

A significant amount of your student loans will require a credit check. It is imperative that you establish and maintain a clean credit record. If you have had credit problems in the past, it is important to take steps to improve your record. All aid applicants should request a free credit report annually. Start by ordering a Free Annual Credit Report.

There is no need-based aid available for Graduate/Professional students.  There are Federal student loans available to U.S. citizens and U.S. permanent residents (green card is required). For additional information about the federal student loan programs visit Information on private student loans can be found further down on this page.

How to apply for federal student loans

Follow these simple steps to apply for federal student loans for the 2019-20 academic year (includes summer 19 term):

  1. Complete the 2019-2020 FAFSA. Suggested filing by May 1
  2. Complete the Federal Loan Application to request the amount of loan you wish to borrow
  3. Upload completed loan request

Here is some general information to keep in mind as you complete the application:

  • You may borrow up to the cost of attendance – link to the tuition cost table below by selecting your program and class year.
  • Students can borrow through the Federal Unsubsidized Loan ($20,500 maximum annual loan amount); and the Federal Graduate PLUS loan (the PLUS program allows students to borrow up to the cost of tuition less other aid) per academic year.  You will need to reapply for loans in your second year.
  • The PLUS program requires a credit check.  The credit check is conducted by the Department of Education after your loan request has been processed by our office (borrower must not have an adverse credit history).  Be sure to remove any credit freeze you have with the major credit reporting agencies prior to applying for the PLUS loan.
  • When determining the amount you wish to borrow, please make sure you have included any loan origination fees that are deducted from the loan proceeds.
  • Interest rates and the term conditions for federal loan programs can be found on the US Department of Education website.

Tuition Cost Breakdown by Term

The Johnson School Financial Aid Office will begin processing federal student loan request beginning mid-April. Loan award notifications are emailed to your Cornell University email account. In order to be considered for federal student loans, students must have accepted their offer of admission, and completed the FAFSA and the federal loan request form.  All financial aid (loans and scholarships) will be applied as a pending aid credit until the aid source can be disbursed each term.

Contact the Financial Aid Office at with questions regarding the federal loan process and eligibility.

Private Education Loan Program Information

Private loans may be borrowed in place of the federal loan programs and are available from various private lending institutions. Loans require a separate loan application through the lender. Interest rates vary based on fixed and variable rate offerings and the borrower’s credit history and credit score. Loan amounts are limited to the published total cost of attendance, as determined by the educational institution, less any loans or financial assistance you receive. There are also cumulative borrowing limits which may affect the amount you qualify to borrow.

Cornell does not recommend any lenders. You are encouraged to compare lenders and loan terms to select the loan that best fits your needs. Students are responsible for researching and applying for their alternative loan. You may visit Johnson’s FASTChoice web tool to view a list of lenders students have most often used in the past. FASTChoice is not a lender; it is an independent, online loan comparison program. This interactive program provides loan counseling and basic information about borrowing for students interested in private lender options. Students can apply online for loans directly from this site. Students are free to select any lender they choose, including those not presented through FASTChoice. Click here to begin your private loan selection process. Learn about the advantages of taking federal student loans over private, non-federal loans on the U.S. Department of Education site. Once you make your private lending decision, be sure to upload the Private Loan Certification Request Form to alert us of your pending loan.

International Student Loan options without co-signer:

GI Bill® Assistance and Yellow Ribbon program

Applicants to our Executive MBA programs who have a military background may be eligible for several forms of financial benefits. Veterans should contact the Veterans Administration to determine eligibility. Please visit the Department of Veterans Affairs website for additional information.

The Cornell Executive MBA Americas and Metro New York programs are pleased to participate in the Yellow Ribbon Program (YR) beginning in the 2019-2020 academic year, for the Class of 2021. This program is available to veterans of the U.S. Armed Forces who are 100% eligible for the Post 9/11 GI Bill. The Executive MBA programs will contribute up to $25,000 annually in scholarship support, and the VA will provide up to $25,000 in additional matching funds.

Cornell’s Office of the University Registrar certifies all enrollments to the VA on a semester basis. The VA determines your housing allowance which is based on program and campus location.

GI Bill® is a registered trademark of the U.S. Department of Veterans Affairs (VA)

Private 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. Private scholarships may be based on various selection criteria: academic achievement, religious affiliation, ethnicity, memberships, civic activities, hobbies, or special talents.

College Scholarships, Grants, Competitions and Awards Resources
You can search the web on the following free sites (we suggest setting up a separate email address to receive this information):

Financial Aid Office
113 Sage Hall
Ithaca, NY 14853

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