Accepted to Columbia without aid

happymomof1
Sun, 18 May 2014 13:12:50 +0000

Greenbeast -

Your real concern isn’t with being able to get aid. Rather your concern is the best way to shield your family against fluctuation in currencies. One option would be to discuss pre-paying the four year cost now. Another option would be to move some of the deposits into other currencies that show different behavior relative to the US$ than your home currency does.

That your family has been able to save the full cost of four years is something to be applauded. Few families are able to do that. Clearly you have been working at this for a long time. If you continue to save at the same rate that allowed you to build up this college fund, it may be possible for your family to cover any changes in costs that develop due to changes in exchange rates.