How can I determine whether Cornell or UT Austin would be more affordable for me?

I’m a high school senior comparing Cornell and UT Austin, and I’m trying to focus on the actual cost rather than the published sticker price. I live in Texas, so I’m especially unsure how in-state tuition and financial aid might affect the comparison.
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Start with each school’s net price calculator using your family’s most recent tax information, then compare the resulting estimated net cost rather than tuition alone. As a Texas resident, you should receive UT Austin’s in-state tuition rate if you meet Texas residency requirements, which creates a substantially lower starting price than Cornell’s private-university rate.

For Cornell, complete both the FAFSA and the CSS Profile by the applicable deadline. Cornell’s institutional aid is primarily need-based rather than merit-based, so the key question is how Cornell calculates your family’s demonstrated need.

For UT Austin, submit the FAFSA and confirm that the university classifies you as a Texas resident. Check eligibility for Texas-specific assistance, including state grants when available, as well as UT Austin scholarships and any departmental awards. In-state tuition may leave you with a much smaller gap to cover even if Cornell offers more grant money in dollar terms.

Once you receive official aid offers, compare the same categories side by side: billed tuition and fees, housing and meals, health insurance if needed, books and travel, grants and scholarships, federal loans, work-study, and any parent or private loans assumed in the package. Treat loans and work-study as costs you must repay or earn, not as discounts. Also check whether each grant or scholarship is renewable, what academic requirements apply, and whether the amount is likely to change after the first year.
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College is too important to leave to AI
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Have questions about the admissions process?
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