Financial Aid Rumor

Colleges & Universities Columbia University
1

<p>I heard a rumor that, simply stated,
If your total familial income is less than $60,000 a year, through Financial Aid, you would only have to pay 10% of the price of admission. Supposedly it is a standard fin. plan for multiple Ivies.
Your income is safely below 60K, and I’m assuming that this 10% is a general number.</p>

<p>How true is this rumor?</p>

2

<p>If your family income is under $60L, you won’t pay anything at Columbia.
[Press</a> Release | Columbia Financial Aid and Educational Financing](<a href=“http://www.studentaffairs.columbia.edu/finaid/enhancements]Press”>How Aid Works | Columbia Financial Aid and Educational Financing)</p>