Financial Aid for M.Eng. Students
Financial assistance for the Master of Engineering degree is available through the graduate fields, the College of Engineering, and the Graduate School. See more details of the options below.
- Cornell Engineering financial aid: tuition awards, special awards, and teaching assistantships
- Lester B. Knight Jr. Scholarship: awarded to students interested in combining their Cornell M.Eng training with an MBA from the Johnson School at Cornell
- External scholarship opportunities
- Need-based financial aid
We encourage you to explore these additional financial aid resources:
- College of Engineering merit based fellowships, partial tuition scholarships, and teaching assistantships
- College of Engineering Special Awards, including the Lester B. Knight Scholarship of $40,000, available to highly qualified students who intend to pursue both an M.Eng. and and M.B.A. at Cornell University
- External fellowships awarded by corporations, the government, and professional societies. Please see the searchable database maintained by the Cornell University Graduate School
- Federally funded loans available to Cornell graduate students through the Graduate School
- Loans for international students
Cornell College of Engineering Scholarships, Fellowships, and Teaching Assistantships
Master of Engineering Committee (MEC) Scholarships of $20,000 or up to a full tuition are awarded to the most outstanding applicants to the M.Eng. degree program. The amount of the award is based on merit. Applicants are nominated for an MEC Scholarship by their graduate field, and selections are made by the Master of Engineering Committee.
Cornell Engineering also provides partial scholarships or teaching assistantships to around 30% of M.Eng. students. Each graduate field makes its own selections for these stipends. The amounts vary depending on the type of award, student merit, and availability of funds.
How to apply: Students are automatically considered for Cornell Engineering Financial Aid with their application for admission. A separate financial aid application is not required.
Preferred Deadline: To be considered for College of Engineering Financial Aid for fall and spring semesters of the following academic year, students are encouraged to have a complete M.Eng. application on file by February 1. Students whose applications are received after the preferred deadline may be considered for financial aid subject to availability of funds.
Cornell Engineering Special Awards
The Arps Fellowship is awarded annually to a Master of Engineering student(s) who was a member of the Cornell Crew Team for three years while an undergraduate student. Arps Fellowship application form (pdf)
The Lazaro Memorial Fellowship is awarded annually to one or more Master of Engineering students who are permanent residents of the Commonwealth of Puerto Rico. Preference will be given to students enrolled in the Civil and Environmental Engineering program. If you would like to receive consideration for a Lazaro fellowship, please provide legal documentation of residence along with the application. Lazaro Memorial Fellowship form (pdf)
The Cornell Graduate School provides a searchable database of external scholarship opportunities.
International Student Loans
Global Student Loan Corporation: The Global Student Loan Corporation (GSLC) and HSBC bank have designed an international student loan program to provide funding specifically to students from India to attend U.S. schools. In the future, GSLC will be expanding the program to include students from other countries of origin from around the world. Students can borrow funds to cover the cost of their education - tuition, room, board, books and other educational related expenses. A U.S. cosigner is not required; rather, students need a cosigner from their home country. Cornell does not support or endorse this or any other lender, so we encourage you to explore this option on your own.
Additional information about federal and private loans is available through the Graduate School.