For those of you who are waiting for Columbia's financial aid, I just asked faculty about it and here is the response:
"Access to our financial aid portal will be available once you receive a financial aid award letter via email.
We are currently in the midst of reviewing candidates for financial aid and anticipate sending out notifications via email over the next couple of weeks. All applicants are considered for institutional funding which includes merit scholarships, mission based scholarships and endowment scholarships. Generally to be considered for a merit scholarship, students typically had an overall undergrad GPA of 3.75 and above, and scored above the 80th% on all sections of their standardized test."
But it seems like the cutoff for merit based scholarships is not that strict. I have seen fellows who have states lower than the cutoff but still receive a 40K scholarship.