Ivy League Applicants Learn the Net Cost of Each School

On March 26, Cornell admitted the bulk of the 5,776 members into the Class of 2030. These students had until May 1 to select among their multiple offers to attend college. Only now, after working hard to be accepted to an Ivy League school, did they learn the true “net price” of their education.

Historically, the Ivy League announced their tuition and cost of attendance in January, and those prices were increased in lock step. The limited amount of financial aid available limited the choices of many qualified students. Financial aid was limited by income from scholarship endowments, federal programs such as Pell Grants, state programs limited to New York State residents, and annual giving for scholarships.

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