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FINANCIAL AID


FINANCIAL AID
Go to the following link for the Office of Student Financial Planning. Here you will find a Student Financial Aid Handbook and information on how to apply for program financial aid. http://cpmcnet.columbia.edu/student/finaid/PT.html

No student is considered for financial assistance until accepted into the DPT program with payment of the $500 non-refundable matriculation deposit.

Federal and State regulations restrict all federal aid to citizens or permanent residents of the United States. The University requires international students applying for admissio to present evidence of sufficient funds to cover all tuition, fees, books and living expenses for their course of study in the program.

The financial aid policies of the Program in Physical Therapy are designed to assist students to secure funds to help pay their education and related expenses. Assistance is in the form of grants, loans, scholarships, and/or Federal Work-Study provided by federal, state, university, and/or private sources. Financial aid is based on merit, financial need, enrollment status and availability of funds. This assistance is supplemental to the student's financial resources.


Estimated Budget for AY 2010-2011
Class of 2013

First Year
(12 months)
Second Year
(12 months)
Third Year
(9 months)
TUITION* $30,900 $30,900 $25,310
FEES
Student Health Service** 1,050 1,050 1,050
Medical insurance premium** 3,144 3,144 3,144
Program fee 2,000 2,000 2,000
PTA student membership and Chapter Dues (NY) 85 85 85
CUMC technology fee (computer access) 368 368 368
Transcript fee 95 0 0
Books and supplies (required texts) 1,836 1,224 900
TOTAL $39,478 $38,771 $32,857
Living Expenses
Housing 13,016 13,016 13,016
Food 7,007 7,007 7,007
Personal and Miscellaneous Expenses 3,785 3,785 3,785
TOTAL $23,808 $23,808 $23,808


*Tuition is set annually by the Board of Trustees

**These fees are compulsorily. Students who carry comparable hospital insurance may waive the medical insurance premium.

 

Types of Assistance

Program Scholarships

Merit Scholarships
These scholarships are awarded to students based on undergraduate academic achievement with cumulative grade point averages of 3.650 and above. The amount of the scholarships varies on a yearly basis depending on program support, alumni giving and other donations by friends of the program.

Applicants do not apply for these scholarships. These scholarships are awarded as part of the acceptance letter and are based on the final transcript that indicates receipt of the baccalaureate degree and cumulative grade point average. Applicants who have not received their baccalaureate degree at the time of acceptance receive a provisional scholarship award. The scholarship is finalized with program receipt of the final transcript that indicates conferral of the degree and final cumulative average.

The award is renewed yearly, over the 3-year program; under the condition the student maintains a set grade point average in the DPT program. The above merit scholarships were awarded to 57%, 52% and 61% of the students matriculated into the Classes of 2011, 12 and 13 respectively.

Clinical Fellowship
Fellowships are awarded to students for the internship, the final clinical education experience that serves as the capstone of the program. Fellowships of varying dollar support are used to help defray costs for travel and living expenses for students seeking challenging affiliations nation-wide. Students apply for these fellowships, which are competitive, based on certain criteria. The final determination for award is based on the recommendations of the Co-Directors of Clinical Education.

Private Scholarships
Individuals and foundations endow scholarship money to the program. When such funding becomes available, students, depending on the stipulations of the donor, are made aware of this support and are invited to apply. These awards are competitive and selection is determined by the program's Scholarship Committee.

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Restricted Columbia Scholarships

Available to students who meet certain specific criteria.

George W. Ellis Fellowship
Applicants must be residents of the state of Vermont or must have graduated from a college or university in the state of Vermont

Ford Motor Company/US EEOC
Applicants must be members of a minority group or a woman and must be a spouse or child of a Ford employee.

Letta Stetter Hollingworth Fellowships
Applicants must be women graduates of the University of Nebraska, nominated by a faculty of the University with preference given to Nebraskans.

Paul Nichoplas Scholarship Fund
Applicants must be male students of Greek extractions.

Cliford & Siegfried Upton Scholarships
Applicants must be children of employees of D.C. Health and Company, Lexington, MA

Vladimir & Olga Poder Fund
Applicants must speak Estonian.

Westmoreland Davis Memorial Foundation Fellowships
Applicants must be students from Virginia.

State Awards

Students are expected to determine the availability of scholarship assistance from the states in which they reside and to make application for such funds when appropriate. In New York State, the Tuition Assistance Program (TAP) is a resource.

Educational Loan Programs

Federal Stafford Loan Program
The subsidized portion of this program is based on financial need. The annual limit for graduate students is $8,500.
The unsubsidized portion is based on the cost of education less any other financial aid a student receives up to a maximum of $20,500 annually for both the subsidized and unsubsidized portions of the loan.

Federal Perkins Loan
Federally supported low interest loan administered by Columbia University. Given to students with exceptionally need. The current fixed interest rate, payable during repayment is 5%. Repayment begins 9 months after a student ceases to be enrolled. The repayment period is extended up to 10 years.

Supplemental Loan Programs

Several supplemental loan programs have been established to assist students in paying their educational expenses, if additional funds are needed. Information is available upon request from the program's Director of Financial Aid and Student Services. Contact David Wald, Director of Financial Aid and Student Services, E-mail: dbw1@columbia.edu, phone: 212-305-5266

Other Sources of Financial Aid

Service Scholarships
New York City Board of Education Scholarship Program offers full-tuition scholarships to presently enrolled entry-level students in exchange for 18 months of service for each year of scholarship support received. Upon employment, the recipient's salary is at the rate then in effect for all entry-level therapists. The scholarships are competitive based on academic performance, work/volunteer experience and a personal interview. More information can be obtained from the Office of Related and Contractual Services, New York City Board of Education, 110 Livingston Street, Room 536, Brooklyn, NY 11201.
The deadline for receipt of applications is May and interviews are held in June.

Kings County Hospital, Department of Rehabilitation Medicine and Education and Training
This is a forgivable loan program that will pay for tuition during the professional phase of the program. The student's commitment is 2 years paid service for each year that is funded. Students must be in good academic standing with a minimum grade point average of 3.00. Contact: Carol Wilson-Smith; E-mail: wilsonsc@nychhc.org, phone: 718-245-7298 or 7297

External Scholarships and Loans
The following organizations offer additional professional opportunity scholarships to physical therapy students and are available by direct application to the agencies concerned.

The National Association of Business Clubs
PO Box 5127, High Point, NC 27262

Awards are made to students training in various fields. Deadline: April 15.

The Schechter Foundation
10 Rockefeller Plaza, Suite 1011, New York, NY 10020
Scholarship awards. Apply April-June prior to enrollment.

Jewish Foundation for Education of Women
330 West 58th Street, New York, NY 10019

Scholarships and/or loans. Deadline January 31.

Leopold Schepp Foundtion
551 Fifth Avenue, Suite 2525, New York, NY 10176

Scholarship awards. Deadline December 31.

The Roothbert Fund, Inc.
475 Riverside Drive, Room 252, New York, NY 10115
Attention: The Secretary

Scholarship awards. Deadline March 1.

Hattie M. Strong Foundation, Inc.
1625 Eye Street, NW, Suite 705
Washington, DC 20006

Interest-free loans for students in their final year of study. Deadline March 31.

America Mensa Education and Research Foundation
3437 West 7th Street, Suite 264
Fort Worth TX 76107
Attention: Scholarship Chairman

Scholarship awards. Deadline January 31.

The Bill Raskob Foundation, Inc.
PO Box 4019, Wilmington, DE 19807

Interest-free loans. Deadline May 1.

International Order of the King's Daughters and Sons
6024 East Chicago Road, Jonesville MI 49250
Attention: Mrs. Merle Raber, Health Careers Director

Scholarship awards. Deadline April 1.

National Hispanic Scholarship Fund
PO Box 748, San Francisco, CA, 94101

Scholarship awards. Deadline September.

National Society Daughters of the American Revolution
4692 Cypress Drive, Brunswick, OH 44212
Attention: Mrs. Rudolph J. Seifert, DAR Scholarship Committee

Scholarship awards. Deadline September 1.

Japanese American Citizen League
1765 Sutter St., San Francisco, CA 94115

Scholarship awards. Deadline April 1.

Civitan International Foundation
PO Box 130744, Birmingham, AL 35213

Scholarship awards. Deadline March 1.

General Foundation of Women's Clubs
Contact the Women's Club in your community.

Federal College Work Study Program

This program provides an opportunity for students to earn part of the cost of their educational expenses. Funds provided to the University by the federal government subsidize a portion of the wages paid to students. Students interested in this program during the academic year should contact Mr. David Wald, the Programs' Director of Financial Aid and Student Services upon arrival on campus in September. Eligibility is based on need as determined by federal methodology.

 

Other Resources

It is recommend that applicants check the American Physical Therapy Association web site for
additional financial aid information at http://www.apta.org.

Another resource is the Foundation Center Library, 79th Fifth Avenue, New York, NY 10003, http://www.fdncenter.org.

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