Educational loans are made available to students as a means of financing a Columbia Nursing education over an extended period of time. With more than $60 billion earmarked for student loans, the federal government is committed to helping you attend school. It all begins with the Free Application for Federal Student Aid (FAFSA). When completing the FAFSA, be sure to indicate that you want the results of your application sent to Columbia University (use school code 002707). Keep copies of everything you submit.
- Federal Student Loans
Direct Unsubsidized Loans (Graduate or Professional Students) - 5.84% interest rate
Direct PLUS Loans (Graduate or Professional Students) - 6.84% interest rate
Private Student Loans
Private loans are offered by private lenders like banks. Some students turn to private education loans when the federal loans don't provide enough money or when they need more flexible repayment options. However, since federal education loans are usually less expensive than and offer better terms than private student loans, you should exhaust your eligibility for federal student loans before resorting to private student loans.
Columbia offers several ways for students to pay their bills, including a monthly payment plan and a single prepayment plan. Please visit the Student Financial Services website to learn more.