Columbia Financial Aid and Educational Financing

Frequently Asked Questions

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In addition to these frequently asked questions, we encourage you to explore our website to learn more about our financial aid policies and how you can apply for aid. We are here to work with you and your family in developing a plan to pay for college at Columbia University. Students and parents may review available financing options. Financial Aid Officers are also here to answer any questions prospective, newly admitted, or current students/parents may have.

May I request a re-evaluation of my financial aid package? (Admitted Students)

You can submit a request to have your financial aid award reconsidered for one of the following reasons:

  • Your family’s financial circumstances have changed since you originally submitted the financial aid application.
  • Your family’s financial circumstances are complex in nature, and you would like us to re-review the file with new information or clarification not previously submitted.

As appeals vary, and can be sensitive in nature, we recommend that you contact our office and speak with a financial aid officer prior to submitting a request. All requests for reconsideration should be submitted via e-mail to ugrad-finaid@columbia.edu.

May I request a re-evaluation of my financial aid package? (Current Students)

You can submit a request to have your financial aid award reconsidered for one of the following reasons:

  • Your family’s financial circumstances have changed since you originally submitted the financial aid application.
  • Your family’s financial circumstances are complex in nature, and you would like us to review the file again with new information or clarification not previously submitted.

As appeals vary, and can be sensitive in nature, we recommend that you contact our office and speak with a financial aid officer prior to submitting a request. All requests for reconsideration should be done using our Request An Appeal page.

We will begin reviewing financial aid appeals in late July. If you submit an appeal, you should hear from us by email in early August.

How do I file corrections to the CSS Profile?

You can make online corrections to your information via the link on your CSS Profile dashboard.

What is IDOC?

IDOC is the College Board’s document management system. Tax returns and other documents can be uploaded electronically or mailed to IDOC. Students completing the CSS Profile may be sent an e-mail with instructions on how to submit information.

How do outside scholarships affect my Columbia financial aid award?

Outside scholarships can be applied to replace, dollar for dollar, the Student Contribution (SC) and Work-Expectation components of the financial aid award. If the total amount of outside scholarship funds exceeds the SC and Work-Expectation, it will then begin reducing the Columbia grant. Outside scholarships will NOT reduce the Parent Contribution.

Additional information can be found on our outside scholarship page.

What if I can’t provide the noncustodial parent information for the financial aid application?

Columbia's policy views financial aid as a partnership between the student, the biological or adoptive parents, and the school. While the application process has requirements for the student and both parents, we recognize that certain circumstances can prevent the completion of a financial aid application.

If you are not in contact with your noncustodial parent or have circumstances that would make obtaining the noncustodial information impossible, you can submit a petition to waive the noncustodial parent requirements. If you feel that you will be unable to complete this component of the financial aid application please complete the Noncustodial Parent Waiver Petition and then upload the completed form to IDOC.

How will I pay for the flight to my Study Abroad program?

Students are expected to make their own travel arrangements to their abroad program including the purchase of a plane ticket to their destination. The Financial Aid office does not provide any assistance or additional funds to pay for a student's travel and advises that families purchase flights early to take advantage of lower prices. Eligible students will be notified via email when their refunds will be disbursed if their program begins prior to the Columbia semester start date. Otherwise, students' aid will disburse based at the beginning of the respective semester and can be monitored through their SSOL accounts under "View Student Account Detail By Term."

How do I cover my enrollment deposit for my Study Abroad program?

Families are expected to pay the enrollment deposit for their student's study abroad program and adhere to the deadlines set by that institution. However, a student's enrollment deposit can be deferred if they receive enough financial aid that the anticipated refund will cover the program's fees. Eligible students can visit the Office of Financial Aid to determine if their expected aid will generate a refund and complete the necessary documentation to have the payment deferred. Students should consult their specific program to understand what documentation is required in order to have their deposit deferred. Please be aware that not every student will receive a refund to defer the enrollment deposit and should expect to cover said fee in order to avoid complications with matriculation.

What is the Student Responsibility?

All financial aid recipients are expected to contribute towards the Student Responsibility, which consists of the Student Contribution and Student Employment.

Most incoming First-Year students have a minimum Student Contribution of $2,400 as part of their financial aid award; a contribution from student assets may be included. The expectation is that the student will earn this amount in the summer preceding their first academic year. Alternatively, students and their families may cover this amount with outside scholarships, savings, parental assistance, and/or other financing options if they choose to.

Student Employment is also part of the financial aid award. Students earn this amount during the Fall and Spring semesters. These earnings are generally used to pay for non-billed expenses, such as books/supplies and other personal expenses. This expectation is also not required, and may be covered by outside scholarships, savings, parental assistance, and/or other financing options.

In future years, students who obtain unpaid summer or semester internships may apply for additional grant to cover these expectations through the Work Exemption Program.

What if my financial aid application is still incomplete?

If your financial aid application was incomplete at the time of admission, you can still complete it and receive a financial aid evaluation. Please submit the missing items at your earliest convenience. If you have any questions regarding any of the missing materials please contact our office.

What will my bill look like?

Your financial aid award is separate from your bill. The financial aid budget includes billed items (such as tuition & fees, housing and meal plan) and unbilled items (such as books, and personal expenses), which will not appear on the bill. Your Expected Family Contribution (Parent Contribution plus Student Contribution) will not match your bill dollar for dollar.

Additional information about the E-Billing process is sent students during the summer. The Fall semester E-Bill will be sent to students and authorized payers in mid-August and is due in early September.

For an estimate of what your bill will look like, please utilize our Bill Estimator Tool (updated each July).

When will I receive my financial aid award letter?

If you submitted your financial aid application materials by the May 5th deadline, you should receive the financial aid award by early July. After this, financial aid awards will be sent out on a rolling basis throughout the summer.

Will my financial aid eligibility be the same all four years?

Students and families are asked to submit a financial aid application in each year the student attends. In general, if the family’s income and asset levels remain steady, the Parent Contribution (PC) will as well. Some common causes for change in future financial aid awards include:

  • Change in the number of students in the household enrolled in an undergraduate program
  • Changes to household income or assets
What if my parent does not have a Social Security Number?

Your parent will not be able to borrow a Federal Parent PLUS loan without a Social Security Number; please contact our office for additional financing options.

Can families who live outside of the United States use the Net Price Calculator Tool?

Our Net Price Calculator has been designed for families living in the US; therefore this calculator will not be able to provide an accurate estimate for students living abroad.

How are bills sent?

Billing at Columbia is only sent online. Students will receive an e-mail notification when a new E-Bill is generated. For parents or other third parties to receive billing notifications, the student needs to first set them up as Authorized Payers to the account. To do this, the student should log into Student Services Online (SSOL), click on Account, select the View E-Bill and Pay by E-Check option, and then go to the Authorize Payers, and set up an account for each person he/she wishes to receive the bill.

Please note that there are two different ways in which to view the account. The first is the official E-Bill. The E-Bill is a monthly snapshot of the account balance at a given time, and will not update until a new E-Bill is generated. The second is the Recent Activity section. This section is updated daily, and will reflect the most current account balance.

How do I use the calculator if my parents are divorced or separated?

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.

How do refunds work?

In cases where a student’s financial aid overpays the billed charges, and a surplus is formed, this credit will be refunded to the student via check or direct deposit. To set up direct deposit, the student should log into Student Services Online (SSOL) and click on the Refund option.

Is the tool accurate 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; 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.

How does the Net Price Calculator make allowances 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.

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