Financial Aid

Financial Aid

If you currently receive financial aid, you will continue to receive that financial aid while you are off campus!  Financial Aid can be used for all relevant expenses related to your internship including: tuition, housing, meals, personal expenses, books, and (non-tourist related) airfare if necessary.  In some instances, you may receive increased financial aid packages depending on the location of your internship.  The ILR Credit Internship Program has worked closely with the Office of Financial Aid to create accurate budgets for our international locations that more fully reflect the increased costs of participating in an internship abroad.

The ILR Credit Internship Program is not, however, privy to individual financial aid packages and specific questions about your situation should be directed to the Office of Financial Aid.

If you receive Federal Work Study support, this aid will be converted to student loans.

If you do not currently receive financial aid, but think you might be eligible given the additional expenses of undertaking a credit internship, you should contact an advisor in the Office of Financial Aid well in advance of the semester you elect to participate in the program to discuss this possibility.

To receive refunds once you have left for your internship, the Office of Financial Aid recommends that you sign up for Direct Deposit through the Cornell Bursar. Checks will be directly deposited into the bank account you have specified.

Eligibility Requirements

Students will receive 12 credits for the successful completion of the ILR Credit Internship Program which will make them full-time students for purposes of financial aid.

Each student whose financial circumstances might be jeopardized by participation in the internship program should consult an appropriate advisor in the Office of Student Services to determine whether or not such participation is feasible. Many sponsors do offer interns a stipend that can help to defray the sometimes higher costs of participating in the program.  Students requiring financial assistance should make their internship selections accordingly.