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Can families apply for financial aid in future years if they do not apply the first year?

Yes. A family that experiences a change in circumstances may apply for financial aid at any time. For example, it is not uncommon for a family to suffer a job loss or illness or for a younger sibling to begin attending college. Please note that institutional aid will usually be awarded only in cases that involve an involuntary change in circumstances. Parents who decide to retire early or to invest in a business start-up may not be awarded institutional aid.

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Will the financial aid award change after we have received the original award?

Possibly, but only if the verification process has revealed that certain information you provided during the application process is not accurate. We realize the financial aid forms are complicated and that our deadlines may require you to provide estimated information. As a result, initial financial aid awards may be based on inaccurate estimates provided by a family.

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May we appeal a financial aid package if admitted?

YES, if your family’s financial circumstances changed after you submitted your financial aid application. YES, if you have complicated circumstances, and you would like us to take a second look at how we interpreted your family’s financial situation. YES, if another need-based school has provided you a different interpretation of your family’s financial circumstances. NO, if your sole reason for the appeal is that you are asking us to consider merit-based offers from other schools.

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Does Columbia offer merit scholarships?

There are no academic, athletic or talent-based institutional scholarships at Columbia as all of our institutional financial aid is need-based. Our students are often the recipients of merit-based scholarships from outside organizations (state grants/scholarships, local/national merit-based awards, etc.); however, no merit-based aid is offered directly from Columbia University.

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What percentage of Columbia students receive financial aid?

Approximately 50% of Columbia undergraduates receive some sort of financial assistance. In addition, about 80% of first-year students applying for financial aid for the 2007-2008 year received a need-based financial aid award.

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Does Columbia offer scholarships and if so, how many?

Columbia College and the undergraduate division of The Fu Foundation School of Engineering and Applied Science provide need-based financial aid to students, awarding grants, loans and on-campus work-study jobs to applicants on the basis of their family’s financial circumstances. There is no limit on the number of students who receive need-based financial aid as each application is considered individually. In 2007-2008 the average financial aid package was over $30,000.

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Do I have to maintain a minimum GPA?

There is no minimum GPA requirement to qualify for financial aid. However, the student must be maintaining satisfactory academic progress towards a Columbia degree.

How will I receive my earnings? Do my wages get deposited directly to my student account?

Student employees generally receive biweekly paychecks for the hours they worked. These earnings do not appear as credits on any bill received from Columbia. Instead, a paycheck will be given to the student and the money earned may be used to purchase books and other personal items.

Wages for work study jobs range from approximately $7 to $12, depending on the job and your qualifications. Most first-year students earn approximately $7-8 per hour and therefore work about ten to twelve hours a week to fulfill their work study allocation.

How do I get a work study job?

Federal Work Study jobs are listed on the Federal Work Study Office website.

After you find a job that interests you, you must bring an Employment Authorization Form (available from the Federal Work Study Payroll Office in 207 Philosophy Hall) directly to the employer. If you are hired for a work study position, your employer will complete the Employment Authorization Form, which then must be returned to the Federal Work Study Payroll Office.

Are there other charges or expenses that I should be aware of?

Additional billed costs you might accrue include laboratory and language fees (for certain classes) and laundry service (optional). Some courses, particularly in the sciences and the languages have fees ranging from $5 to $150. Laundry service costs begin at $20. These charges will not appear on the first Student Account Statement, but will appear on subsequent Student Account Statements.

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