Please read our instructions and then Start the Calculator.
This calculator is a tool that can help you determine the financial aid for which you may qualify. This tool provides estimates using the financial aid policies of Columbia College and Columbia Engineering only. If you are interested in Columbia’s School of General Studies please see their information on Financing Your Education.
Keep in mind the following:
- Columbia awards only need based aid. There are no merit-based or athletic awards.
- The contribution estimated here is only as reliable as the data you enter.
- The family contribution (FC) may vary among colleges according to their own institutional policies and professional judgments.
- The Office of Financial Aid and Educational Financing is the final authority on your exact FC. This estimate should provide an approximation of your expected contribution.
- Special circumstances are treated on a case by case basis. This information should be communicated in writing directly to the Office of Financial Aid at the time of your application.
Limitations: This tool will help you to gain an understanding of what your family contribution will be, but please understand that this is an estimate. It is only as accurate as the information you provide. The simpler your financial situation, the more accurate this estimate is likely to be. Many families have complex financial circumstances which require a detailed review in order to award accurate need-based eligibility. A calculator cannot factor in all of your unique personal circumstances.
For parents who are self-employed or own some/all of a business, corporation and/or partnership: Please input your best estimates on the calculator, according to your percentage of ownership; however, understand that we will refer to the most recently completed tax documentation at the time of application (Federal 1040 Schedule C and/or Schedule E; Federal 1120 or 1120-S Corporate Tax Returns; 1165 Partnership Tax Returns; K-1s) to confirm actual business income and value.
For families living outside the United States: Though our calculator also takes into consideration factors such as currency exchange and differences in cost of living expenses, please note that our calculator works best for families living in the US. We have designed our calculator for families living in the US; therefore this calculator will not be able to provide an accurate estimate for international students.
For divorced or separated parents: Please input separate calculations with each parent’s information. The combination of the two results will be the total expected parent contribution. If either parent has remarried, your stepparent’s information should also be provided. The calculated parental contribution will be based on both incomes; however, Columbia’s final calculation applies a proportional methodology to remarried parents.
For families with more than one student in college: If your family will have more than one student enrolled in college (for the year in which you will enroll), our calculator assumes that the additional student will be enrolled in a four-year private undergraduate college/university. For siblings enrolled in other types of undergraduate institutions (four-year public, two-year/community college, etc.), Columbia will adjust the Parent Contribution accordingly. Columbia does not include graduate sibling’s expenses in our need-based evaluation.