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Columbia University
For students with family incomes below $60,000, after the student portion of EFC, the university covers the entire remaining student budget with work-study and grant aid.| For students with family incomes below $60,000 . . . | 2009-10 Estimated Student Budget | ||||||||||
| After the student portion of the EFC, the university assures enough work-study and grant aid to cover these expenses |
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Total Expenses: $54,294
For all other students, after the family covers any EFC, the university covers the entire remaining student budget with work-study and grant aid.
| For all other students. . . | 2009-10 Estimated Student Budget | ||||||||||
| After the family covers any EFC, the university assures enough work-study and grant aid to cover these expenses |
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Total Expenses: $54,294
About the Financial Aid Pledge (2009-10):
How is EFC determined and used?
Institutional Methodology. The parent contribution is waived for students with family incomes below $60,000 and typical assets, and it is reduced for students with family incomes between $60,000 and $100,000 with typical assets. For freshmen, the expected student contribution from earnings is $2,400 plus 20% of the student's assets.
Institutional Methodology. The parent contribution is waived for students with family incomes below $60,000 and typical assets, and it is reduced for students with family incomes between $60,000 and $100,000 with typical assets. For freshmen, the expected student contribution from earnings is $2,400 plus 20% of the student's assets.
How much academic year work and/or need-based loans are included?
$2,750 in work-study and no loans.
$2,750 in work-study and no loans.
Does the offer account for the full student budget?
Yes.
Yes.
How are outside scholarships handled?
Outside scholarships reduce the work-study expectation before reducing institutional grant aid.
Outside scholarships reduce the work-study expectation before reducing institutional grant aid.
Are there other important restrictions?
This pledge is limited to students of Columbia College and the School of Engineering and Applied Sciences. Students at Columbia's School of General Studies -- adults and other nontraditional undergraduates -- are not eligible.
This pledge is limited to students of Columbia College and the School of Engineering and Applied Sciences. Students at Columbia's School of General Studies -- adults and other nontraditional undergraduates -- are not eligible.
About the Institution (2007-08):
Location: New York, NYType: Private 4-Year
Undergraduate enrollment: 7,648
Pell Grant recipients (a measure of low-income enrollment): 12%
Proportion of graduating seniors with student debt: 52%
Average debt: $18,420
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