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Economic score
Cornell College is a private liberal arts college located in Mount Vernon, Iowa. Cornell College is very inclusive in their admissions.
Return on educational investment at Cornell College is in the bottom 50% of all ranked schools. The median student earns $49,543 10 years after enrolling, 16th in Iowa, and in the top 50% nationally. When adjusted for earning differences by major, Cornell College bachelor students earn 13% less than the national average. Cornell College is ranked 20th in Iowa.
Cornell College’s median net annual cost of $23,694 and average years to graduate of 4 are reported only at the school level. We assume these same costs and graduation time for all programs.
The top 5 programs at Cornell College sorted by number of graduates - Health & Fitness, Biochemistry, Biophysics and Molecular Biology, Computer Science, Psychology, Education - are shown below.
Annual net cost
$23,694
Average years to graduate
4
When a school's graduation rate falls in the bottom 25% in the country, we do not display an economic ranking.
The average full-time graduate completes their degree in 4 years. 70% of all students graduate within 8 years. The graduation rate at Cornell College is 5% higher than the state average, and 1% above the average for all liberal arts colleges in the country.
At Cornell College, Pell Grant recipients represent 24% of the measured graduating class, 11% lower than the national average of 35%. The average Pell Grant recipient at Cornell College graduates within 4 years.
Cornell College is in the bottom 50% of schools for graduating Pell recipients.
We calculate this performance by adjusting the graduation rate of Pell students by their percentage of the student body. This adjustment is made to prevent schools with large numbers of Pell students from underperforming in comparison to schools with few Pell students but high graduation rates.
Cornell College’s economic mobility score of 7.88 is calculated by adjusting the 5.16 economic score of lower-income students by the 24% pell grant recipients within the student body. Cornell College’s EMS of 7.88 ranks in the bottom 25% nationally.false
Economic Mobility
To calculate economic mobility of low-income (household earnings below $30,000) students, we adjust each institution’s economic score by their percentage of Pell Grant students. The logic of this Pell-adjusted calculation is derived from Third Way’s Economic Mobility Index (EMI).
Bottom 25%
The average Title IV recipient at Cornell College pays $23,694 a year, $36,823 less than the $60,517 advertised. See below the cost breakdown for students who receive Title IV grants, broken down by income level.
Average net price
The average net price shown by income level for all students that receive Title IV aid. Calculated by deducting the average grant and scholarship aid from tuition, fees, books, and room and board. Limited to first-time, full-time students. Public institution figures are calculated using in-state tuition figures.
Median net price $23,694
Much of the gap between net price and sticker price is filled by institutional and government grants. At Cornell College, 100% of students receive some grants and scholarships, compared to the national average of 87% for all colleges and universities. The average amount of federal, state, and institutional grants that students receive is shown on the right.
This leaves a total of $23,694 on average to be covered by the student – be it through loans or out of pocket. In total, 59% of students take out loans, federal or private, at an average amount of $7,914. This is 5% more than the national average.
Federal grants
$5,607
Pell grants
$4,923
State grants
$5,650
Institutional grants
$34,441
Cornell College's very inclusive admissions are indicated by their 81% acceptance rate. In 2021, the school had 2,836 applicants, of which 2,300 were admitted and 366 enrolled. Cornell College doesn't have a rolling admissions policy, which means applications are reviewed after a hard admissions deadline.
Full time
100%
83%
Female
47%
59%
First time
85%
59%
In-state
24%
68%
1st generation
20%
35%
White
74%
52%
Black
6%
14%
Hispanic
7%
15%
Asian
2%
5%
American Indian
1%
1.6%
Pacific Islander
N/A
0.3%
Other
9%
12%