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7.6%Acceptance
$66,600Tuition
2,282Students
90%Grad Rate (6-yr)
$80,490Earnings
#4 in MainePrivate nonprofit4-yearSAT/ACT Test OptionalLiberal ArtsNCAA Division IIIStudy AbroadData: 2023-24

Cost Details

In-State Tuition
$66,600
Out-of-State Tuition
$66,600
Average Net Price
$23,939
Students Receiving Financial Aid
13.2%
Room & Board (On Campus)
$17,120
Room & Board (Off Campus)
$6,100
Books & Supplies
$850
Total Cost of Attendance
$84,570
Median Debt at Graduation
$19,157
Estimated Monthly Loan Payment
$203/mo
Loan Repayment Rate
87.2%
Students Taking Federal Loans
8.7%
Pell Grant Recipients
13.2%

Net Price by Family Income

Average annual net price after grants and scholarships. Source: U.S. Department of Education

Net price by family income bracket
Family Income Average Net Price
$0 – $30,000 $6,072
$30,001 – $48,000 $1,331
$48,001 – $75,000 $2,247
$75,001 – $110,000 $15,937
$110,001+ $52,893

Cost Estimator

Family Income
Residency
Housing

Cost Overview

Despite a sticker price exceeding $84,000, most Colby families pay far less thanks to the college's generous financial aid. The average net price drops to $23,939, meaning a four-year education costs around $96,000 for typical families. Low-income students (under $30K) pay just $6,072 annually, while families earning $30-48K pay even less at $1,331 per year.

Colby practices need-blind admissions and meets full demonstrated need for all students. Graduates leave with a median debt of $19,157, translating to monthly payments of $203. With median earnings of $80,490 ten years post-graduation, loan payments consume less than 3% of income. The 87% loan repayment rate reflects this manageable debt load.

First-generation and low-income students get the best deal here. Only 13% of students receive Pell Grants, but those who do see their financial barriers eliminated through Colby's commitment to affordability.

Official Net Price Calculator

Get a personalized cost estimate from Colby College:

Visit Official Net Price Calculator

This links to the school's federally-required net price calculator for a personalized estimate.