RussianRocket said:
The finaid office recommends several lenders, and since they are so similar I think it won't make a big difference which lender you select.
on the Stafford loan question (and other things), some points...
1. If you are paying any "origination" fees to your Stafford lender, you chose the wrong lender. AccessGroup and T.H.E (
http://northstar.org/) are the most popular, I chose THE. The differences are minor and usually involve 1) customer service and 2) various incentives that kick in during repayment. You won't notice much difference during your time in school.
2. You can revise your Stafford loan amounts by faxing an acceptance page to the FinAid office:
http://cpmcnet.columbia.edu/student/finaid/pdf/ACPTFRM3.PDF
It's due July 15,
this Friday. I was able to readjust the Stafford numbers in August last year, but I suggest getting something in this week. (2008ers, this deadline goes for you too.)
3. Sometime in August the SSOL system (
https://ssol.columbia.edu/) will have your "anticipated" charges so you can get a clear idea of exactly how much $$ you need to give Columbia. I suggest signing up for this system as soon as the computer people will allow and setting up direct deposit -- that way any extra Stafford money will go straight to your bank account.
Last year the first bill was due on 8/26/04 (the Thursday before the first day of class). Stipend checks, if you get those, were also distributed that day. You'll get email about this, usually in bright colors and with lots of bold text.
This year the M1 Fall bill should be about $22,473, and Spring is $19,400. (M2 bill is about the same.) Note the $3,073 discrepancy between the two! You will get the same amount of financial aid each term, so if you have just enough loan/grant money to cover the bill in Fall you'll get a $3,000 deposit in the Spring. Health Insurance+fees only appear in the Fall and cover you for the whole year.
This is just the bill, of course -- you'll get charged extra for housing (on the bill) and all sorts of random things (not on the bill.) Syllabus and P&S club fees don't go on the bill, and are handled on a check/cash basis.
5. The SSOL system is also important for tracking your Medical Holds -- you need to get your immunization stuff straightened out by the first week of class or so. Either show proof, get a titer test, or get another immunization. The Student Health people can take care of this, but you will need to pay a fee for the titer test or immunization. I suggest getting this all done under whatever insurance you've got now, before you show up on campus.
6. With all of this bureaucracy, you have one thing in your favor that you didn't in undergrad -- there are only about 150 of you coming in, not 1,500. So feel free to call Finaid (212) 305-4100 or Student Health (212) 305-3400 with your questions. Finaid is also pretty good about email (
[email protected].)
of course, you can also ask any of us on SDN.