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Thomas College

#1367 in US ranking Waterville, ME
Type:
Private not-for-profit
Programs:
4 years or more

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Cost

Cost / year
$48,823
Tuition & fees
$32,654
Avg. aid
$25,253
Receiving aid
98%

Admissions

Acceptance rate
96%

Outcomes

Graduation rate
54%
Median salary
$47,447
1 yr after graduation

What is the history of Thomas College?

Thomas College is a private college in Waterville, Maine, with roots in business education. Founded in 1894 as Keist Business College, it later took the Thomas name and expanded beyond its original commercial curriculum.

That history still helps explain the college's emphasis on professionally oriented study. Today, its offerings extend from business and accounting to education, criminal justice, psychology, computer science, and other fields. Prospective students should evaluate the current program they want, rather than assume the college remains primarily a business school.

What are the faculties and departments at Thomas College?

Thomas College offers undergraduate and graduate study across business, education, and the arts and sciences. Its program mix is more focused than that of a large research university, but it includes both career-specific majors and broader academic disciplines.

Representative areas include business administration, accounting, marketing, teacher education, criminal justice, psychology, computer science, and sport-related study. Students comparing majors should check the current academic catalog for the credential awarded, required courses, internship or fieldwork expectations, and whether a program can be completed in their preferred format. Education students, in particular, should confirm that their chosen pathway meets the requirements for the teaching license they intend to pursue.

The reported student-to-faculty ratio is 20 to 1. That institution-wide measure does not establish the size of a particular class or the availability of courses in a particular major.

What is the location of Thomas College?

Thomas College is located in Waterville, Maine, on a campus along West River Road. Waterville is a small central Maine city, so students can expect a different setting from a college in Portland or a larger metropolitan area.

The location gives students access to Waterville businesses and community organizations while leaving some regional travel dependent on a car or arranged transportation. First-year students are permitted to register or park a car on campus. Applicants planning to commute should consider winter driving and the timing of evening classes or activities; residential students should consider how they would travel to internships, appointments, and home during breaks.

What is the mission and vision of Thomas College?

Thomas College presents its educational purpose in terms of preparing students for professional work, continued learning, and participation in their communities. Its business-school origins and present-day career-oriented programs are consistent with that stated emphasis, but a mission statement is a statement of intent, not a measured student outcome.

For applicants, the useful test is program-specific: examine the curriculum, opportunities for applied work, academic support, and career services associated with the degree under consideration. Those details say more about a prospective student's experience than a general institutional vision alone.

Thomas College Profile - Basic Information

Name of the institution

Thomas College

Level of institution

Four or more years

Control of institution

Private

Setting type

Town: Remote

Institutional Category

Degree - granting, primarily baccalaureate or above

Institution size category

1,000 - 4,999

School type

Comprehensive higher education institution

Main student body

Coeducational

Calendar system

Semesters

Foundation year

1894

Thomas College Accreditation

Thomas College is institutionally accredited by the New England Commission on Higher Education, an accrediting agency recognized by the U.S. Department of Education. Accreditation confirms that the school meets quality standards and is required for students to receive federal financial aid.

Thomas College Programs and Degrees

iconAssociate's degree
iconBachelor's degree
iconMaster's degree

Data last updated on November 2, 2026

Data sources: IPEDS 2024-25, Peterson 2026, College Scorecard 10/2026, Clery 2024 (2023-24), OpenAlex 2026

Figures on this profile come from federal and third-party datasets in the editions listed above and are refreshed periodically, so they may differ from what the institution currently reports. Confirm costs, deadlines and requirements with the school before making decisions.