Tuition and Financial Aid
Attending Columbia Business School represents a major investment. Although an MBA is an investment in one’s future with a superb cost-benefit ratio, it is an investment that must be planned for carefully. A student is expected to contribute a portion of his or her income and assets to meet the costs of attending the School and to borrow no more funds than necessary. For every $10,000 borrowed, a student can expect to pay at least $125 per month in debt service after graduation. Therefore, the School urges you to be as prudent as possible and to think about the amount of debt you assume.
Columbia Business School’s Financial Aid Office helps admitted students finance the MBA program and recognizes those who demonstrate exceptional academic achievement and professional potential.
Financial aid is available in the form of merit-based fellowships, need- and merit-based scholarships, and federal, institutional, and private loans. While each year a portion of the entering class receives a need-based scholarship, by far the largest form of financial aid for all students is educational loans.
Given the rigor of the MBA Program, employment during the academic terms is discouraged, particularly in the first year. Teaching and research assistantships are offered directly through faculty members, although these appointments are generally awarded to doctoral students.