FACTS AND FIGURES

GRANTS

• Columbia awards more than $92M annually in Scholarships and Grants from
  all sources.
• 46% of Columbia students receive grants from Columbia and the average
  amount awarded is $33,751.
• 50% of Columbia students receive grants from any source.
• 15.7% of Columbia’s undergraduates receive the Pell Grant, a Federal
  Grant reserved for the neediest students in the country. This percentage is
  the highest in the Ivy League.
• John Kluge’s recent gift of $400M for Columbia’s financial aid programs
  is the single largest gift made to any university financial aid program.

LOANS

• Students are expected to borrow $0 to attend Columbia.

WORK-STUDY

• Students who receive grant are able to earn $2750 during their academic
  year to help offset their expenses. This represents less than 10 hours a week
  working in an on-campus job.

INCOME

• The median income of families receiving Columbia Grant is $83,487, but
  many families who earn as much as $200,000 a year can qualify for financial
  aid.
• Parents earning $60,000 or less a year contribute $0 towards their
  children’s Columbia education.
• Parents earning between $60,000 and $100,000 have substantially lowered
  contribution requirements.
• Parents earning over $100,000 still can qualify for significant
  financial aid from Columbia.