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Next: Federal Financial Assistance Programs Up: Financial Assistance Previous: Applying for Financial Assistance
Cornell Financial Assistance Programs
- Merit Scholarships - Beginning with the 2002-03 academic year, entering students must maintain a 3.0 cumulative grade point average to renew the William Fletcher King scholarship and a 2.75 cumulative grade point average to renew the Academic and Community Enrichment (ACE) scholarship and any new transfer scholarship. Please refer to the Financial Assistance Handbook annually for updated information about Merit Scholarships.
All students who matriculated before the 2002-03 academic year with Academic scholarships must maintain a 2.0 cumulative grade point average to renew their scholarships.
- Cornell College and Kirkwood Community College, seeking to enhance relations between the two colleges and to develop a positive transfer procedure, developed the Kirkwood-Cornell Connection Transfer Scholarship Program. Students may transfer to Cornell from Kirkwood with or without an A.A. or A.S. degree and need a cumulative transfer grade point average of 3.0 or higher. The transfer scholarship is renewed for one year if the recipient maintains a 2.75 grade point average or higher while at Cornell. The Kirkwood-Cornell Connection Transfer Scholarships include: Presidential Connection Scholarships, Kirkwood Connection Scholarships, and Leadership Connection Scholarships. There is also the Kirkwood-Cornell Connection Honor Scholarship. The Honor Scholarships are available for students who have successfully completed the Honors Program through Kirkwood Community College. The stipend is $2,500 annually, and is renewable for the second year at Cornell. Applicants should have a minimum 3.5 cumulative grade point average at Kirkwood. This scholarship is in addition to any of the other Kirkwood-Cornell Connection scholarships a student may receive.
Other transfer scholarships are available to students transferring from institutions other than Kirkwood Community College. These include the Academic and Community Enrichment (ACE) Transfer Scholarship, which is renewed if the student maintains a minimum 2.75 cumulative grade point average at Cornell. There is also the Phi Theta Kappa Scholarship. The recipient of this scholarship must have a cumulative transfer grade point average of 3.25 or higher. The PTK Scholarship is renewed depending upon the number of credits transferred to Cornell.
Please refer to the Financial Assistance Handbook annually for updated information about Transfer Scholarships.
If a student falls below the required grade point average, her or his financial assistance award will be revised based upon demonstrated financial need only from the FAFSA form.
- Fine Arts Scholarships - Beginning with the 2002-03 academic year, entering students must maintain a 2.75 cumulative grade point average to renew any Art, Music, or Theatre scholarships, and any new transfer scholarship. Other participation requirements may exist; please contact the specific department for a listing of all renewal criteria. Please refer to the Financial Assistance Handbook annually for updated information about Fine Arts Scholarships.
All students who matriculated before the 2002-03 academic year with Fine Arts scholarships must maintain a 2.0 cumulative grade point average to renew their scholarships. Other participation requirements may exist; please contact the specific department for a listing of all renewal criteria.
- Fine Arts Awards - All students must maintain a 2.0 cumulative grade point average to renew their Fine Arts Award. Other participation requirements may exist; please contact the specific department for a listing of all renewal criteria. Please refer to the Financial Assistance Handbook annually for updated information about Fine Arts Awards.
If a student falls below the required grade point average, their financial assistance award will be revised based upon demonstrated financial need only from the FAFSA form.
- Ministerial Awards are available to children of ordained clergy, regardless of denomination, as long as the clergy's chief employment is either in a parish ministry or a ministry directly supported by the church. Awards are based upon financial need as determined by the federal needs analysis formula and institutional policies.
- Cornell Grants/Endowed Scholarships are funds made available by the College and are based on the financial need of the student. Grant amounts may vary each year depending upon financial need.
- Institutional student employment provides on-campus employment
opportunities for students who do not demonstrate financial need. Work
awards are $800-$1200 per year. Students are paid minimum wage once a
month.
- The Mabel E. Sherman Loan is awarded to students who are Iowa residents.
Students are only eligible to receive the loan during their freshman and
sophomore years. The loan has a 7% interest rate and the interest will
accrue one year from the day after separation from Cornell College.
Repayment shall not exceed 10 years.
- The McElroy Loan is awarded to students during their freshman and sophomore years. The loan has an 8% interest rate. The interest will accrue from the first day after separation from Cornell College. Repayment shall not exceed 10 years.
Next: Federal Financial Assistance Programs Up: Financial Assistance Previous: Applying for Financial Assistance
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