Is Colby a Good School for the Money?
Colby College Value Report
Is Colby worth the money? Read College Factual's annual Colby value report to determine if the school is priced fairly for the quality of education they provide.
Within Maine, Colby is a Great Quality for a Fair Price.
Colby College is ranked #2 out of #17 in Maine for quality and #7 out of #17 for Maine value.
This makes it a great quality for a fair price in the state.
Fair Value Nationwide
Colby College is ranked #669 out of 1,472 for value nationwide.
Colby College provides the kind of quality education we anticipated when compared to other colleges at the same price point. Based on this information we believe it is priced fairly for the type of education provided.
Prices of Institutions with Similar Quality Scores
|School||Total Price||Value Grade|
|Worcester Polytechnic Institute||$205,828||C+|
|Union College New York||$206,441||C+|
|University of Virginia - Main Campus||$211,997||C+|
*Total price is determined by multiplying average annual cost by time to graduate.
Bottom Line: You'll Spend an Estimated $211,265 For That Piece of Paper
The Colby time to graduate is about 4.03 years and will cost an estimated $52,423 per year. This brings the total cost to 211,265.
|Average Yearly Cost||$52,423|
|Average Years to Graduate||4.03|
|Estimated Avg Total Cost of Degree||$211,265|
Many Factors Affect Net Price
There are many ways you can lower the cost of a college education. Consider taking advantage of in-state tuition, or shortening the length of your degree by taking summer classes. Learn more about Colby cost for other factors that may affect net price such as the financial aid you qualify for that is largely based on your family's income.
Does This School Make Financial Sense To You?
Most students will not pay the full sticker price and few students fit perfectly into averages.
Look at the table below to determine your likely cost of a bachelor's degree at Colby.
|Nationwide Value by Aid Group||Avg Degree Cost||Value Rank||Value Grade|
|Students with no Aid||$296,608||#620||C+|
|Only Students Receiving Aid||$122,439||#78||A|
|In-State Value by Aid Group||Avg Degree Cost||Value Rank||Value Grade|
|Students with no Aid||$296,608||#7||C+|
|Only Students Receiving Aid||$122,439||#5||B|
Note: the Value Grade for in-state students is calculated by looking only at other schools in the state of Maine.
About 52% of Colby students receive financial aid. Get more details on what Colby financial aid you may qualify for.
How to Calculate Value
College Factual calculates average total cost by multiplying net price by time to graduation. We then compare the average total cost to other schools of a similar quality to determine value. If the school is priced fairly based on the educational quality it receives a fair ranking. If it is underpriced it receives a good or excellent value.
Read the full Best for the Money Ranking Methodology.
College Factual's Best for the Money Ranking Methodology.