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Colby College

4000 Mayflower Hill, Waterville, ME 04901-8840, USA

Colby College award
Colby College award
US ranking
position: 1089
Tuition & fees per year: $72,910
Acceptance rate: 7.00%
Median alumni salary: $43,563
Avg. SAT and ACT: 1465 SAT, 33 ACT
Entrance difficulty: Very hard

What is the cost of studying for a year at Colby College?

Colby College has one of the highest tuition rates in the nation, with annual tuition and fees totaling $72,910. This places it in the top 5% of most expensive colleges in the United States. Tuition alone is $69,830, classified as very high, while mandatory fees add another $3,080, which is considered high compared to other institutions.

The cost of room and board also contributes significantly to the total expenses. On-campus housing is available, with room charges averaging $9,710, rated as average relative to national figures. However, meal plans are notably expensive, with board charges at $9,030, ranking in the top 5% for cost nationwide. Altogether, room and board expenses amount to $18,740 annually, adding substantially to the financial commitment.

When combining tuition, fees, and room and board, Colby College's annual cost reaches $91,650. This total far exceeds the average costs of education in the United States. For comparison, attending a private non-profit four-year college typically costs around $54,501 per year. Public four-year colleges cost significantly less, with in-state students paying an average of $25,707 and out-of-state students $44,014.

Books and supplies at Colby College are relatively affordable at $850 per year, which is considered low and falls in the bottom 25% for costs in this category nationwide. This smaller expense offers a minor offset to the otherwise high overall costs of attendance.

What are the work-study opportunities at Colby College?

Colby College offers a variety of work-study opportunities designed to support students financially while providing valuable employment experience. Eligible students can participate in both on-campus jobs and internships that complement their academic pursuits. The college prioritizes employment roles that align with student interests and skills, often within departments, administrative offices, or academic centers.

Compensation for work-study positions generally adheres to competitive standards, though specific average wages are not publicly detailed. Positions are flexible, allowing students to balance work commitments with their academic schedules effectively. Furthermore, Colby College provides work-study options for international students, enabling them to engage in approved on-campus employment that contributes to their expenses without affecting their visa status.

Colby College Tuition and Fees

Avg. tuition and fees $72,910
Tuition and fees
Avg. room and board charges $18,740
Room and board charges
Avg. books and supplies $850
Books and supplies

Total Cost

Avg. total cost $92,500
Total average cost of education at the institution, including tuition and fees, room and board, books and supplies

Colby College Room and Board Cost

Typical room charge for academic year

$9,710

Typical board charge for academic year

$9,030

Institution provide on-campus housing

Yes

Institution provides board or meal plan

Data not available

Colby College Tuition Plans

Any alternative tuition plans offered by institution

Data not available

Tuition guaranteed plan

Data not available

Prepaid tuition plan

Data not available

Colby College Financial Aid

Undergraduate average amount

$57,663

All

$66,387

Number of Students Receiving Financial Aid

48 %

Colby College Military and Veterans Benefits

Undergraduate average amount

$37,010