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.
Below Average Value Nationwide
Colby College is ranked #2,202 out of 2,223 for value nationwide.
Based on our analysis of other colleges at similar price points, we believe Colby College is overpriced for the quality education it provides. (This takes into account average financial aid and may not apply to you if you have further scholarships, grant or aid provided to you.)
Prices of Institutions with Similar Quality Scores
| School | Total Price | Value Grade |
|---|
*Total price is determined by multiplying average annual cost by time to graduate.
Bottom Line: You'll Spend an Estimated $217,833 For That Piece of Paper
On average, a bachelor's degree from Colby will cost you about $217,833. This is based on an average price (with and without aid) of $53,786 and a typical 4.05 years to graduate.
| Amount | |
|---|---|
| Average Yearly Cost | $53,786 |
| Average Years to Graduate | 4.05 |
| Estimated Avg Total Cost of Degree | $217,833 |
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 | $309,521 | #0 | F |
| All Students | $217,833 | #2,202 | F |
| Only Students Receiving Aid | $126,141 | #492 | B+ |
| In-State Value by Aid Group | Avg Degree Cost | Value Rank | Value Grade |
|---|---|---|---|
| Students with no Aid | $309,521 | # |
F |
| All Students | $217,833 | # |
F |
| Only Students Receiving Aid | $126,141 | # |
F |
Note: the Value Grade for in-state students is calculated by looking only at other schools in the state of Maine.
About 43% of Colby students receive financial aid. Get more details on what Colby financial aid you may qualify for.
How to Finance The Gap
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.
References
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College Factual's Best for the Money Ranking Methodology.
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