Click here to estimate what you’ll owe to Cornish after your financial aid is applied to your bill. (Do not include work study in your estimation)
There are many outside scholarships available for students to apply for. There is no guarantee of an award, but if awarded, that money can be applied to your tuition for Cornish and other eligible costs for attendance. We have a database of collected outside scholarships that Cornish students may be eligible for on Compass under the Financial Aid tab.
5 (or 4) Month Interest-Free Payment Plan
Cornish offers an option to break up the semesters bill into five (or four) equal monthly payments, July (or August) to November. Families pay a one-time fee to begin this option and pay no interest on the balance. For more information, please contact student accounts at 206.726.5025. The payment plan is also an option for the Spring semester.
Parent PLUS Loans
The PLUS loan is a federal loan taken out by a parent for the student’s education, and is available to biological parents and any step-parent on the FAFSA. PLUS loans require a credit check and in some instances an eligible co-signer. Repayment of a PLUS loan begins following the final disbursement of the loan, although borrowers can request payment deferment until six months after the student graduates or no longer attends at least half time. If the PLUS loan is denied for credit reasons, an additional Unsubsidized Stafford Loan will become available to the student.
Private Student Loans
Private loans are non-federal loans issued by a lender such as a bank or credit union. These loans require a credit check of the student borrower and co-signer. They are a viable option to cover direct costs but should be considered very carefully. These loans are not available through the financial aid office, but lenders our students have used in the past are available on Compass under the “other resources” section of Financial Aid.
If you have any questions or concerns, or if your FAFSA does not reflect your current financial situation due to exceptional circumstances such as the loss of a job or the death of a parent, please contact our office at [email protected] or 206.726.5014