Columbia Announced Enhancements to Undergraduate Financial Aid

Students and families from low- and middle-income backgrounds will receive enhanced financial aid support beginning in the 2022-2023 academic year.

Apr 28 2022

On April 26, Columbia University announced additional enhancements to financial aid that will support undergraduate students attending Columbia College and Columbia Engineering beginning in the 2022-2023 academic year.

The changes to financial aid, which are intended to increase access and support families, include:

  • Expanded financial aid for students of families with incomes below $66,000. Families at this income level and with typical assets are not expected to contribute to the cost of a Columbia education. The previous threshold was $60,000.
  • Increased aid for students from middle income families, by increasing the income threshold at which tuition is fully covered in the aid package. Families with incomes up to $150,000 and with typical assets will attend Columbia tuition-free.
  • As a result, the University expects to award over $200 million in scholarships and grants to undergraduates in Columbia College and Engineering next year, where more than one-half of students receive some form of financial aid to attend Columbia.

The full announcement can be found here.

In addition, Columbia Engineering will offer $2,000 start-up grants for low-income first year students starting the 2022-2023 academic year. The grants will provide additional support to eligible students beginning their studies.