Grants

• Columbia awards more than $113 million annually in Scholarships and Grants from all sources.
• 50% of Columbia students receive grants from Columbia and the average amount awarded is $38,356.
• 50% of Columbia students receive grants from any source.
• 18.7% 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 $400 million 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 a work-study are able to earn during their academic year to help offset their expenses by working an average of 10 hours a week in an on-campus job.

Income

• The median income of families receiving Columbia Grant is $88,550, 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.  Please read our Press Release and related Frequently Asked Questions to learn more about our enhanced need-based financial aid policies.
• Parents earning between $60,000 and $100,000 have substantially lowered contribution requirements.
• Parents earning over $100,000 can still qualify for significant financial aid from Columbia.