College Factual  by our College Data Analytics Team
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How Affordable Is Colby College?

This overview lays out the cost of attending Colby College, including attendance costs, projected four- and two-year degree costs, average net price, debt outcomes, and how aid is distributed across income levels.

$81,550.00 Cost of Attendance
$17,180.00 Avg Net Price
$15,000.00 Median Grad Debt

If you want to dig into a particular figure, jump to any section below:

What You Will Pay to Attend Colby College?

What it costs to attend Colby College is about $81,550.00 annually.

The blocks below show what you would pay with no aid, with average aid, and as a low-income student.

Published Cost for Students (no aid)

Tuition and fees $69,600.00
+ Room, board & other expenses $11,950.00
Total cost $81,550.00
That is 149% above the national average net price.

Average Net Price for Students (with average aid)

Total cost $81,550.00
− Grants and scholarships −$68,240.00
Net price $13,310.00
That is 59% below the national average net price.

Net Price for Low-Income Undergraduates

Total cost $81,550.00
− Grants and scholarships −$81,371.00
Net price $179.00
That is 99% below the national average net price.
For the full breakdown, see the tuition & fees page plus room and board.

Projected Degree Cost at Colby College

Costs have trended upward in recent years at a recent average of 4.4% per year, so the four-year total runs well above today’s cost. The detailed projections below compare a degree for a low-income aided student, an average-aid student, and a no-aid student. Loan totals assume a ten-year repayment at 6.8%.

Projected 4-year net costs Low Income w/ Aid w/ Average Aid No Aid
Annual growth rate 4.4% 4.4% 4.4%
Freshman year $187.00 $13,892.00 $85,114.00
Senior year $212.00 $15,794.00 $96,767.00
Total 4-year net price $798.00 $59,316.00 $363,430.00
10-year loan interest @ 6.8% $304.00 $22,597.00 $138,454.00
Total monthly payment $9.00 $683.00 $4,182.00
Total amount paid $1,102.00 $81,914.00 $501,884.00
Projected 2-year net costs Low Income w/ Aid w/ Average Aid No Aid
Annual growth rate 4.4% 4.4% 4.4%
Freshman year $187.00 $13,892.00 $85,114.00
Senior year $195.00 $14,499.00 $88,833.00
Total 2-year net price $382.00 $28,390.00 $173,947.00
10-year loan interest @ 6.8% $145.00 $10,816.00 $66,268.00
Total monthly payment $4.00 $327.00 $2,002.00
Total amount paid $527.00 $39,206.00 $240,215.00

Jump to the net-price detail in the net-price section.

The Real Out-of-Pocket Cost at Colby College

Net price strips out grant and scholarship aid to show what families really pay. This is the more honest cost figure for most families, since it accounts for institutional and federal aid.

Average net price (on-campus) $17,180.00
Average net price (off-campus) $23,939.00

Net price varies sharply by family income, dropping as need-based aid grows. The figures below give average net price by income bracket:

Family income Average net price
Under $30,000 $6,072.00
$30,000 to $48,000 $1,331.00
$48,001 to $75,000 $2,247.00
$75,001 to $110,000 $15,937.00
Over $110,000 $52,893.00

Run your own numbers with the Colby College Net Price Calculator, or contact the financial aid office.

Curious how grants and scholarships are distributed? Explore the grants & scholarships detail.

Student Debt at Colby College

The median graduating debt at Colby College is $15,000.00, which the Department of Education classifies as a Low ($10-20k) burden category.

The percentile spread of debt at graduation is shown below:

Percentile Debt at graduation
10th $4,500.00
25th $8,790.00
Median (50th) $15,000.00
75th $27,000.00
90th $27,495.00

The 10th-to-90th-percentile spread is one signal of how variable debt outcomes are across the student body.

Read the complete debt breakdown on the student loan debt page.

How Debt Varies by Income at Colby College

Debt outcomes vary substantially with family income. The figures below split graduating borrowers into three income brackets:

Family income Median debt at graduation
Low income $4,525.00
Middle income $12,210.00
High income $19,313.00

First-Generation Borrowing at Colby College

Debt at graduation often differs for first-generation students.

Student group Median debt at graduation
First-generation students $14,689.00
Continuing-generation students $15,750.00

Debt by Pell Status at Colby College

Pell Grants are the federal government’s primary need-based undergraduate aid program. Contrasting Pell and non-Pell borrowers shows how need shapes debt.

The median debt difference between Pell-eligible and non-Pell graduates of Colby College works out to $-6,050.00.

Loan Repayment and Default at Colby College

The default-rate category at Colby College is Low (<5%).

Window Cohort default rate
2-year 1.5%

For a sense of scale, Stafford disbursements at Colby College amount to $26,718,964.00 over 2,167 recipients.

Veteran Benefits at Colby College

Veterans and active-duty students can access dedicated federal education aid like the Post-9/11 GI Bill and DoD tuition assistance.

GI Bill recipients 6
Avg GI Bill amount $5,186.00

Dig into veteran education benefits on the veteran aid breakdown.

Further Questions to Ask

The data above is a foundation; round it out by asking yourself about Colby College, keep these questions in mind:

Explore Further into Colby College

Use the pages below to go deeper on a specific part of the cost story:

Data sources. Figures on this page draw from the U.S. Department of Education College Scorecard, the Integrated Postsecondary Education Data System (IPEDS), and MediaFactual editorial review. Net-price calculator and financial-aid office links are taken from the institution’s own published data.

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