What is in a Normal Financial Aid Plan at Columbia
Columbia College Chicago's average financial aid deal for newly arriving first year students is $19,742. Approximately 91.0% 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.
How Much Aid Is Offered in Scholarships & Grants?
The stats following pertain to assistance that is provided by Columbia College Chicago.
91.0% of new students (1,172 total) were offered scholarships at Columbia College Chicago, averaging $9,097 a piece. This puts it in the top 40th percentile of all schools in the nation.
In addition to scholarships, 34.0% of first year students (444 total) got federal grant aid, averaging $4,750 a person.
The chart directly below reveals the average volume of scholarship and grant aid distributed to all freshmen.
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 +||22.9%||$9,616|
Title IV aid features loans, grants, or work-study awarded from the federal government typically determined by financial need. Learn more here.
$10,496 is the Average Total an Undergraduate Will Get in Scholarships or Grants
Of the 6,568 undergraduates at Columbia College Chicago around 77.0% (5,084 total) receive some type of grant aid. The typical quantity awarded was $10,496.
Financial Aid Links from Columbia College Chicago
|Financial Aid Department Website||https://www.colum.edu/columbia-central/index.html|
|Net Price Calculator||https://colum.studentaidcalculator.com/survey.aspx|
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