Ezra Cornell was an American businessman, politician, and philanthropist who co-founded Cornell University in Ithaca, New York. He provided the initial funding for the university and served as its first president. The university was intended to teach and include agriculture, mechanic arts, and military science along with scientific, classical, and other courses of study usually taught at universities. Cornell hoped that his university would be an institution "where any person can find instruction in any study."
Ezra Cornell was an American businessman, politician, and philanthropist who co-founded Cornell University in Ithaca, New York. He provided the initial funding for the university and served as its first president. The university was intended to teach and include agriculture, mechanic arts, and military science along with scientific, classical, and other courses of study usually taught at universities. Cornell hoped that his university would be an institution "where any person can find instruction in any study."
Ezra Cornell was an American businessman, politician, and philanthropist who co-founded Cornell University in Ithaca, New York. He provided the initial funding for the university and served as its first president. The university was intended to teach and include agriculture, mechanic arts, and military science along with scientific, classical, and other courses of study usually taught at universities. Cornell hoped that his university would be an institution "where any person can find instruction in any study."
LOAN TERMS • Can I defer repayment of the loan if I go
to graduate school? So, you’re considering a private • What is the interest rate? Is it fixed or • Do you apply any penalties or charges for alternative student loan to help variable, and how is it determined? prepayments or early payoff? cover education expenses. Great! • How often is the interest rate adjusted? What do you do now? • How much are the origination fees and how are they charged? OTHER QUESTIONS • Will I have to pay interest while enrolled in school, • How are the loan proceeds disbursed? Cornell encourages you to compare • When does the interest start to accrue • Must I establish financial need for the lenders and loan terms in order to and will it be capitalized? loan? select the lender that best fits your needs. To get you started, we’ve put • What are the minimum and maximum • Do you sell your loans? If so, do the
together a few important questions loan limits? benefits go with them?
to ask potential lenders: • Under what circumstances would a • Under what conditions would I qualify for
co-signer be required? cancellation, discharge, or forgiveness of
the loan? • Does the lender provide a toll-free REPAYMENT phone number or website to ask questions as they arise? • When does repayment start; is there a grace period before repayment begins? CORNELL UNIVERSITY • What is the monthly minimum payment? Office of Financial Aid and Student • What is the maximum repayment period? Employment • Am I allowed to pay on the interest while 203 Day Hall I’m in school? Ithaca, NY 14853 Phone: 607.255.5145 • Are there any loan repayment benefits or Fax: 607.255.6329 Ithaca at sunset reductions? If so, will they remain if a E-mail: finaid@cornell.edu future payment is late? Web: www.finaid.cornell.edu