Urgent Columbia Help

Colleges and Universities A-Z Columbia University
1

<p>Ok so I have a financial aid question... so if you could answer it it would be great! I got stellar aid, and I wasnt given any loans for my first year... I am afriad they will pile up the loans later. Do they do this? Or if my circumstances do not change will my no-loan aid stay the same all four years?</p>

2

<p>They might give you loans in the next three years, but there IS a cap on loans. See:</p>

<p><a href="http://www.studentaffairs.columbia.edu/finaid/faqs/admitted/fed_perkins_loan.php%5B/url%5D"&gt;http://www.studentaffairs.columbia.edu/finaid/faqs/admitted/fed_perkins_loan.php&lt;/a&gt;&lt;/p>

<p><a href="http://www.studentaffairs.columbia.edu/finaid/faqs/admitted/fed_stafford_loan.php%5B/url%5D"&gt;http://www.studentaffairs.columbia.edu/finaid/faqs/admitted/fed_stafford_loan.php&lt;/a&gt;&lt;/p>

<p><a href="http://www.studentaffairs.columbia.edu/finaid/faqs/admitted/student_loans.php%5B/url%5D"&gt;http://www.studentaffairs.columbia.edu/finaid/faqs/admitted/student_loans.php&lt;/a&gt;&lt;/p>

<p>I don't know why they don't give the cap value for the Perkins Loan, but the annual limit is $4,000 for undergraduate students, according to one of the schools where I was admitted.</p>

<p>Hope this helps, and have fun at Columbia!</p>

3

<p>There is a cap on student loans, but not on parent loans. Technically Columbia could screw you over because there's no guarantees, but your financial aid package shouldn't change if your parents' circumstances stay the same.</p>