Financial Aid speaker

Financial Aid for M.Eng. Students

Learn more about the tuition rates for the Master of Engineering for this current academic year.

See more details of the options below:

  • Cornell Engineering support possibilities: 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.
  • M.Eng. Dean's Fellowship: Merit-based scholarship. All M.Eng. applicants will automatically be considered for the fellowship as part of the standard application process, with no extra application required.

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 Cornell University Graduate School searchable database.
  • 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.



Master of Engineering Dean's Fellowship Cornell’s College of Engineering has announced the establishment of the new merit-based, full-tuition M.Eng. Dean’s Fellowship. The first group of fellows will be selected from the cohort of new M.Eng. applicants who will be starting their program in the Fall 2021 semester. All M.Eng. applicants will automatically be considered for the fellowship as part of the standard application process, with no extra application required. The number of M.Eng. Dean’s Fellows chosen will depend on the amount of funding available in a given year. 


Cornell Engineering Special Awards

Arps Fellowship

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)

Lazaro Memorial Fellowship

The 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)

Lester B. Knight Jr. Scholarship

Awarded to students interested in earning an M.Eng. and an M.B.A. at Cornell University. Apply for a tuition award of up to $40,000.

External Scholarships

The Cornell Graduate School provides a Graduate School 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.