Waterville, ME
Admission Difficulty
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3 College Freshman

Scholarships: The tuition is super high. It increases each year. This upcoming year it will be $59,700. This is not including books, transportation or day to day life. It is a lot of money. (you could buy a house with this.)

Financial aid here is done by taking your EFC and subtracting it from the total cost. This amount is what Colby will give from institutional aid.

College Student

Scholarships: I did not apply for the financial aid in Colby College.

5 College Freshman

Scholarships: Students from Maine usually receive large grants. Other than that, I don't know much about financial aid.

1 person found this useful Report
5 College Junior

Scholarships: One of the reasons I came to Colby was the generous financial aid package. They have a no-loan policy so all the aid I'm receiving is essentially free. The process was fairly simple too.

1 person found this useful Report
4 Recent Alumnus

Scholarships: my personal experience with the financial aid application was easy. students have to apply every year but it's not a stressful process.


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Scholarship List

Scholarship Min Amt
Max Amt
Details Availability
Colby National Merit Scholarship $1,000 -- -- Freshmen Returning

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Financial Aid Statistics

General Information
Financial Aid Forms Deadline:February 1
Tuition Guaranteed Plan:Not Available
Prepaid Tuition Plan:Not Available
Tuition Payment Plan:Available
In-State Tuition:$44,320
Out-of-State Tuition:$44,320
Contact Financial Aid
Phone:(207) 872-3168
Aid/Loans Federal Grant Aid Institution Grant Aid State Grant Aid Student Loans Total ?
Average Amount $6,335 $35,660 $783 $0 $39,882
% Students That Got It 11% 39% 3% 0% 39%

NOTE: Financial aid is only available for those who qualify.

Student Polls

Which statement best describes your financial aid experience at this school?    Based on 21 responses

  • 38% I did not apply for financial aid.
  • 10% It is an ongoing process that I am still dealing with.
  • 5% It was an absolute headache, and it took multiple attempts to receive any aid.
  • 10% The process was a hassle, but I received the financial aid I needed.
  • 38% It went smoothly, and I received the financial aid I needed.
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