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Colby College

Tuition & Aid
Bottom line

Yearly comprehensive fee at Colby College nears $57,510, plus another $700 for books, though officials there say, “We don’t want any student not to come to Colby because of concerns about paying off student loans.” The college meets all calculated need with grants and scholarships. Weak off-campus job opportunities mean many students will look toward aid and on-campus jobs. Students graduate with an average debt of $24,453.
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Visiting And Contact Information

4800 Mayflower Hill

Waterville, ME 04901

United States

Phone: 207-859-4828

Fax: 207-859-4828

Website

Expenses per Academic Year
Tuition:$45,360
On-Campus Room and Board:$12,150
On-Campus Room Only:$6,290
On-Campus Board Only:$5,860
Average Cost for Books and Supplies:$700
Required Fees:$1,990
Other Expenses:$998
Estimate Transportation for Commuters (living at home):$300.00
Estimate Transportation for Commuters (not living at home):$300.00
Cost Per Credit-Hour:$1,740
Tuition / Fees Vary by Year of Study:No

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Financial Aid Statistics
Financial Aid Rating: 98
Freshman receiving any financial aid:44%
Undergraduates receiving any financial aid:42%
Average Percent of Need Met:100%
Average Total Financial Aid Package:$40,489
Average Freshman Total Need-Based Gift Aid:$42,146
Average Undergraduate Total Need-Based Gift Aid:$38,406
Average amount of loan debt per graduate:$25,079
Undergraduates who have borrowed through any loan program:31%

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Available Aid
Financial Aid Methodology Used:Federal and Institutional
Scholarships and Grants:Federal Pell
SEOG
State Scholarships / Grants
Private Scholarships
College / University Scholarships
Federal Direct Student Loan Programs:Direct Subsidized Stafford Loans
Direct Unsubsidized Stafford Loans
Direct PLUS Loans
Federal Family Education Loan Program (FFEL):Federal Perkins Loans
State Loans
Other:Alternate Loans
Is Institutional Employment Available (other than Federal Work Study):Yes
Direct Lender:Yes

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Financial Aid for International Students
Financial Aid Policy for International Students:Need-based scholarship or grant aid is available
Non-need-based scholarship or grant aid is available
Average Undergraduate Total Need-Based Aid:$50,080.00
Required Financial Aid Forms:International Student's Financial Aid Application
Also ask for verification of parental income via tax returns or letters from parents' employers.

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Financial Aid Application Process
Regular Financial Aid Application Deadline:02/01
Freshman Financial Aid Notification Date:04/01
Required Forms:FAFSA
CSS/Financial Aid Profile
Business/Farm Supplement
    Other:Current tax returns to finalize aid offers.
Financial Aid Office Phone Number:(207) 859-4832

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Key Statistics

Tuition and Aid

  • Tuition:
    $45,360
  • On-Campus Room and Board:
    $12,150
  • Ugrads receiving need-based financial aid:
    42%
  • Avg % of Need Met:
    100%
  • Avg Financial Aid Package:
    $40,489
  • Financial Aid Application Deadline:
    02/01
  • Financial Aid Notification Date:
    04/01
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