Will You go to Colby for Free Thanks to the G.I. Bill®?
How much will attending Colby College cost you? Below you'll find a breakdown of the G.I. Bill® tuition assistance and more for Colby.
Why is the G.I. Bill® Important?
G.I. Bill® Tuition assistance is limited. Check out below if Colby's tuition is covered. Be sure to check out the G.I. Bill® information for each school you're considering because each school's coverage varies.
Veterans Typically Attend Colby College for no More Than $29,093
If you qualify for full benefits under the Post-9/11 GI Bill® we estimate that your yearly out of pocket cost to attend Colby College should not be more than $29,093.
|Veteran Sticker Price||$64,120|
|Guaranteed Post-9/11 Benefits||$35,027|
|Total Out Of Pocket||$29,093|
Private College Tuition Not Covered by GI Bill® Benefits
Even if you qualify for full benefits, the tuition and fees charged by Colby College will not be fully covered. Colby College charges $57,280 a year for tuition and fees but your maximum Post-9/11 benefit is only $20,235. In order to make up the shortfall you will need some additional aid from the college and/or government.
|Veteran Tuition And Fees||$57,280|
|Guaranteed Post-9/11 Benefit*||$20,235|
|Total Out Of Pocket||$37,045|
|*Note: The tuition benefit is capped at the lessor of the actual tuition charged to you or $20,235.|
Yellow Ribbon Program Participant But With Limitations
If you have tuition and fees charges that are not covered by your Post-9/11 benefits, you may be able to get additional assistance in the form of a Yellow Ribbon Award. While Colby College participates in the Yellow Ribbon Program, it places some limitations on the awards it grants, so your participation in this program is not guaranteed.
Colby College awarded a total of $58,081 in Yellow Ribbon benefits last year. This was split among 5 veterans for an average award of $11,616 ($23,232 after government matching).
The following table may show you how likely you are to have outstanding tuition costs covered by the Yellow Ribbon Program at Colby College. Remember, contributions from the college will be matched by the VA.
|Degree Level||Division or School||Max Number of Students||Max Contribution (after matching)||Tuition After Max Contribution|
Questions to Ask the Admissions Department
- Which programs and majors (if any) participate in the Yellow Ribbon Program and how do I apply?
Per Credit Fees and the Active Duty Tuition Assistance Cap
We wanted to talk to you about the per credit fees at Colby College and whether or not they fall below the tuition assistance cap of $250 for active duty personnel. This information was not available.
Your Living Expenses Likely Covered
After applying eight months of your assumed MHA against what Colby College thinks your living expenses should be, we see a potential credit in your favor of $7,752. It is possible that your living expenses will be more than covered!
|Off Campus Living Expenses||$6,040|
|Total In Your Pocket||$7,752|
Your Books and Supplies are Likely Covered
Your book stipend of $1000 more than covers what Colby College estimates your expenses to be ($800).
|Total In Your Pocket||$200|
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