Tuition and Funding Opportunities

Tuition

Tuition for the Cornell Baker Program in Real Estate is posted on the Cornell Graduate School website as a Tier 1 Professional Degree MPS RE degree. Visit the Graduate School website for more information on costs and financial aid.

Health insurance is required for all students at Cornell. For details, please visit the Cornell University Office of Student Health Insurance.

The Baker Program requires a non-refundable deposit of $1,500 to secure admission, payable at the time of acceptance, which will be credited to your first-fall-semester bursar account.

Funding Opportunities

Most Baker Program students rely on a combination of federal and private loans to finance their educational and living expenses. The university's Office of Financial Aid and Student Employment is an excellent resource for identifying loans and loan packages to help finance your education.

If you submit your application by one of the Baker Program's first two deadlines—November 30 and January 15—you will automatically be considered for merit-based funding. During each admission period, an average of one-third of our incoming class receives funding as a part of the admission offer. The amount of the offers varies, with our goal of making your education more affordable.

Fellowships

Merit-fellowship recipients are selected by an admissions committee. The same criteria are used to determine merit as are used to evaluate applicants for admission: demonstrated leadership and interpersonal skills, prior academic performance, GMAT/GRE scores, the range and depth of work experience, writing skills, interpersonal skills, extracurricular and community involvement, recommendations, previous achievements, focus, and goals.

Assistantships

Graduate Teaching/Research Assistantships

These appointments allow Baker students to both learn and strengthen their knowledge and skills in a variety of areas, and to support various aspects of the program. Some assistantship appointments are offered during the admissions process, and others in the first weeks of the program. No additional application is necessary; your application will be sufficient.

Teaching Assistantships

TAs, as they are known, provide the support to a variety of real estate courses. Based upon your first-semester performance, you are eligible to discuss and accept one or more TA appointments. These are typically hourly paid appointments, with selection decisions made by the faculty member responsible for the course.

Loans

Once admitted to the program, you will receive loan information forms that must be returned to the Graduate School by May 31. In late summer, you will be contacted regarding your loan disbursements and bridging the gap for any unmet financial need.

External Scholarships

In addition to the options available through the Graduate School, Baker Program students may be eligible for these outside funding sources:

  • Appraisal Institute Education Trust Scholarship: The Appraisal Institute Education Trust awards several scholarships for both graduate students and undergraduates majoring in real estate appraisal, land economics, real estate, or related fields.
  • CREW Network Scholarships: CREW (Commercial Real Estate Women) Network offers a scholarship for female students who are enrolled full-time in an accredited real estate program or other fields of study with the intent to pursue a career in commercial real estate.
  • Epsilon Sigma Alpha (ESA) Foundation: The ESA Foundation awards numerous scholarships annually; amounts vary depending on the applicant's home state or country.
  • George M. Brooker Collegiate Scholarship for Minorities: The Brooker Scholarship is designed to assist minority students, on the basis of academic excellence, who are committed to a career in real estate—specifically real estate management—upon graduation.
  • Grossman Graduate Scholarship: Scholarships are available to graduate students who are also International Council of Shopping Centers (ICSC) members and indicate a preference for a career in retail real estate.
  • Pension Real Estate Association (PREA): PREA awards scholarships to promising students studying real estate at the undergraduate and graduate levels.
  • WX Scholarship: The WX Scholarship program is designed to encourage and support young women in their pursuit of careers in real estate and real estate-related professions.
  • FIABCI Scholarship Foundation: The foundation is a non-profit corporation that provides grants to students who demonstrate an interest in international real estate and who are enrolled in an FIABCI-member university.
  • California Home Building Foundation (CHF)CHF has distributed over $3 million in scholarships to students enrolled in industry-related programs, such as construction management and architecture.
  • Paul & Daisy Soros Fellowships for New Americans: The Paul & Daisy Soros Fellowships for New Americans program honors the contributions of immigrants and children of immigrants to the United States.
  • Yellow Ribbon Program for Veterans: The Yellow Ribbon Program of the Post-9/11 GI Bill will help make graduate schools and private universities more affordable for veterans.
  • Illinois Real Estate Educational Foundation: The Illinois Real Estate Educational Foundation (REEF) awards scholarships to students of real estate and related fields of study at colleges and universities both within and outside Illinois.
  • NIC Senior Housing and Care Scholarship: Through the Future Leader Council’s University Outreach program, NIC offers partial and full scholarships to our Spring Investment Forum and Fall Conference to participants in the NIC internship program and representatives from the universities that participate in those programs. The scholarships are provided in an effort to deepen students’ understanding of the sector.
  • American Immobiliare Commercial Real Estate Scholarship: The American Immobiliare College Scholarship Program was founded in 2016. Our goal is to support the next generation of Italian-American influencers and innovators in commercial real estate fields. The scholarship is open to graduate and undergraduate students nationally. Recipients receive a scholarship that helps underwrite part of the cost of their college tuition. Our scholarships provide assistance towards tuition but will not cover payment for all school costs.