The Importance of Understanding Financial Aid for You
The amount of financial aid you will receive, including access to federal loans, scholarships and grants, will be based upon your financial need. The information provided on this page will tell you how much you will likely get from Columbia College - Chicago determined by income and any other factor you may need to consider.
What is in a Normal Financial Aid Plan at Columbia College - Chicago
Columbia College - Chicago's average financial aid deal for newly arriving first year students is $18,918. Approximately 78.0% of new students get some type of financial aid, most of which is scholarships and grants.
A financial aid package contains loans, grants, and scholarships. However, loans need to be paid off, thus they aren't a true college discount.
We feel that loan debt really should be considered to be an added expense and not as "aid" or a "discount". Read more about student loan debt at Columbia College - Chicago.
Number of Columbia College - Chicago Scholarships & Grants
The below numbers apply to grants and scholarships primarily offered by the college itself.
73.0% of new students (1,298 total) were offered scholarships at Columbia College - Chicago, averaging $7,998 a piece. This puts it in the middle 20th percentile of all schools in the nation.
In addition to scholarships, 39.0% of first year students (688 total) got federal grant aid, averaging $4,495 a person.
View the average amount of grants and scholarships first years receive by checking out the chart below.
Grants are typically based on need while scholarships are based on merit or ability.
Amount of Financial Aid Per Family Income
The next chart displays grant and scholarship distributions by income for freshmen receiving any kind of federal Title IV assistance, such as Federal PLUS loans.
|Income Level||Percent of Freshman||Average Assistance|
|Income 110k +||19.0%||$6,023|
Title IV aid features loans, grants, or work-study awarded from the federal government typically determined by financial need. Learn more here.
$9,751 is the Average Total an Undergraduate Will Get in Scholarships or Grants
64.0% of the 9,003 undergraduates at Columbia College - Chicago get some form of grant aid. A total around 5,758 students benefiting from about $9,751 per person.
Financial Aid Links from Columbia College - Chicago
|Financial Aid Department Website||www.colum.edu/student-financial-services/index.php|
|Net Price Calculator||www.colum.edu/student-financial-services/create-a-plan/calculate-your-costs/index.php|