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Colby College
Waterville, Maine
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Colby College G.I. Bill® Tuition Assistance

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.

On this page you will find:

  • G.I. Bill® & You
  • Average Cost after GI Bill®
  • GI Bill® Coverage
  • Yellow Ribbon Program Information
  • Per Credit Fee Coverage
  • Living Expense Coverage
  • Additional Fee Coverage
  • Additional GI Bill® Resources

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.
Remember, some forms of aid such as Pell Grants are awarded in addition to your Post-9/11 GI Bill® benefits so be sure to fill out your FASA forms.

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.

Remember, only veterans who qualify for full Post-9/11 benefits are eligible to participate in a Yellow Ribbon program.

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 LevelDivision or SchoolMax Number of StudentsMax Contribution (after matching)Tuition After Max Contribution
UndergraduateAll8$24,000$13,045

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
Post-9/11 Benefit$13,792
Total In Your Pocket$7,752
A MHA of $1,724 is likely the largest benefit paid directly to you.

Your Books and Supplies are Likely Covered

Your book stipend of $1000 more than covers what Colby College estimates your expenses to be ($800).

Supplies Expenses$800
Post-9/11 Benefit$1,000
Total In Your Pocket$200
Not Happy With This College? Is Colby College not living up to its commitments? File a complaint with the VA.
College Factual is not affiliated with the Department of Defense or any Military Service.
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