Hey everyone, I'm considering applying to Columbia and I'm curious about how financial aid works over there. How generous is their financial aid program? Do they meet the full demonstrated need? A bit stressed about the whole financial situation. Thanks!
Hey there! Financial aid at Columbia is known to be quite generous, and they do meet the full demonstrated need for all admitted students, including international students. This means that the university will work with you to create a financial aid package that covers your calculated need, which is the difference between the total cost of attendance and your family's expected contribution.
Columbia uses both the CSS Profile and FAFSA to determine your family's expected contribution. Make sure you fill out both forms as accurately as possible to get the most accurate aid package. Furthermore, Columbia practices need-blind admissions for U.S. citizens, permanent residents, and eligible non-citizens, meaning that your financial need won't affect your chances of admission (unless you are an international student).
In addition to need-based aid, it's always a good idea to search for merit scholarships or outside scholarships that you might qualify for, as these can help lower your overall costs. However, keep in mind that Columbia does not offer merit aid to its students.
For a personalized estimate of your potential financial aid package, use Columbia's Net Price Calculator on their website. This will give you a ballpark figure of what to expect, based on your family's financial situation. Remember that it's only an estimate and the final award might differ.
Overall, if you're admitted to Columbia, they'll work hard to make sure you can afford to attend. Don't let the initial sticker price scare you away from applying, as financial aid can make a significant difference in reducing your college costs. Good luck with the application process!
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