How can I compare the affordability of Cornell and Purdue for engineering?

I’m a high school senior choosing between Cornell and Purdue for engineering, and I’m trying to compare the true cost rather than just the published tuition. I know the answer may depend on financial aid and whether I qualify for in-state tuition at Purdue, so I want to understand which costs and aid differences matter most when comparing the two schools.
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For an Indiana resident, Purdue often begins with a substantially lower billed cost because its resident tuition is state-subsidized. For a nonresident, the gap narrows, and Cornell can be competitive or less expensive after its need-based grant aid, particularly for families with demonstrated financial need. The comparison should be based on each school’s net price and four-year terms, not the tuition figure or the total aid line alone.

A student whose family is likely to receive significant need-based aid should examine Cornell’s aid award especially closely. Cornell is a private university and bases institutional aid primarily on financial need; separate grants and scholarships from federal loans, work-study, and any parent borrowing. Confirm the expected family contribution, whether the grant is renewable under the same financial circumstances, and what Cornell expects you to pay for health insurance, travel, books, a computer, and personal expenses.

Purdue may be especially compelling for an Indiana student or for a family that will receive limited need-based aid. Compare resident versus nonresident tuition carefully, then look for Purdue merit scholarships, state grants for eligible Indiana residents, departmental engineering awards, and any annual fees listed in the official cost of attendance. Do not assume a scholarship covers future tuition increases; check its renewal GPA, credit-load, and residency requirements.

Put both offers into the same four-year worksheet: billed charges minus grants and scholarships, plus realistic out-of-pocket costs. Treat loans as money to repay, not as a discount, and calculate the total federal loan amount you would need at each school. Co-op, internship, or summer earnings can reduce future expenses, but should not be counted as guaranteed aid unless they are part of a written award. For engineering, also compare any differences in time to degree, since an extra semester can outweigh a modest first-year price difference.
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