Accepted to Columbia without aid

cptofthehouse
Mon, 19 May 2014 01:40:55 +0000

Schools that are need aware in admissions under certain circumstances, are so, because they do not have the fund allocated so that they can be need blind. So when a student is accepted on the assumption he will not need aid, that he is a full pay, it takes an urgent situation to go into emergency funds for aid for such a student. Usually, what such schools will do is ask for a financial aid statement as of the year of admissions to compare with that of a later date, because there are those who apply initially asking for no aid to take advantage of the higher chances of admissions in hopes of getting the aid once in. It’s a good thing you were not considering doing this, because that base is covered.

You can either prepay the 4 years which would probably give you a better rate of return than the way interest are paying and the way the college costs have been rising, or put the money into a US bank so that it isn’t at the mercy of the exchange rates.