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Budget Tips

When budgeting for tuition and expenses, be sure to include:

If your semester budget does not cover your tuition expenses adequately, you may be responsible for paying the difference between your budgeted amount and the actual amount due before registration for your tuition and expenses.

 Note: Consult our Budget Calculator  before signing up for the installment plan.

It is important that you budget your payments as accurately as possible, and include only expenses billed through the Bursar.  If you include off-campus living expenses, you may not be able to get a refund for the overpayment on your bill until the payment plan ends. See our refund policy for installment plan participants  for details.

 Important! Enrolling in the Cornell Installment Plan will not enroll the student in any meal plans or housing programs.  To enroll in those services, please contact the Dining  or Housing  offices separately.



 Dining Fees 
All students enrolling in a dining plan are charged a non-refundable dining administrative fee of $50.00.  This is an annual charge, applied each academic year.  If you are enrolling in a dining plan for the Fall semester, the entire fee will be charged in the Fall.  When completing the worksheet, the $50.00 fee should be added to your Fall semester dining expenses.  If you are enrolling in a dining plan for the Spring semester only, add the $50.00 fee to your spring semester dining expenses.

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 Student Health Insurance 
If you are enrolling at Cornell for the academic year, health insurance is billed (unless waiving) in the Fall.  When completing the worksheet, include the entire cost of health insurance in your Fall semester expenses.  If you are enrolling for the Spring semester only, include the health insurance in your Spring semester expenses.  To obtain Student Health Insurance (SHIP) enrollment and waiver information, visit the Office of Student Insurance .

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 Campus Transportation  information and fees can be obtained by visiting www.transportation.cornell.edu  or via telephone at (607) 255-4600.  If you are purchasing a parking permit or bus pass, please make sure to budget the fee for the semester in which you will be charged.

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Student Refund Policy for Cornell Installment Plan Participants

When completing the budget worksheet , you must include all of your financial aid in the credit section, and include only tuition expenses that are billed through the Bursar.  Do not include off-campus expenses.  The CIP semester budget amount must be only for tuition expenses that remain after financial aid has been taken into account. 

Financial aid is awarded to cover tuition expenses. If there is a credit on a student's account due to miscalculation when completing the worksheet, the budget must be recalculated to include the credit.  Sallie MaeĀ® will revise your monthly payment based on your new budget amount.  To revise your plan, please contact Sallie MaeĀ® at (800) 635-0120. Because the CIP budget amount is advanced to the student's Bursar account in the fall and spring, we do not issue any refund checks until the plan has been paid in full. 

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