Colby College
Colby College is a private nonprofit college in Waterville, ME, with about 2,284 students on campus.
The short version on Colby College
Colby College admits a smaller share of applicants than almost any college
It admits 7% of applicants, about 1 in 14. The middle half of admitted students scored 1460–1550 on the SAT. Getting in ↓
Nearly everyone who starts here finishes
89% of students graduate within six years, more than at 95% of 4-year colleges. 94% of first-year students come back for a second year. Outcomes ↓
What you pay depends heavily on your income
Families earning under $30,000 pay about $4,049 a year after grants. Families over $110,000 pay $46,511, 11 times as much. What it costs ↓
Generous aid, but few lower-income students
Aid is generous for lower-income families, yet only 14% of undergraduates receive Pell grants, the federal grant for lower-income students. The students ↓
Few families pay the sticker price
The full cost of a year is $85,420, but the average family on federal aid pays $17,180 after grants, about 80% less. What it costs ↓
This summary is written from the data on this page. Figures are from the U.S. Department of Education’s College Scorecard.
How hard is it to get into Colby College?
of applicants admitted
About 1 of every 20 applicants get in.
Test scores of admitted students
The middle 50%: a quarter scored below the range and a quarter above it. Average SAT: 1501.
The sticker price, and what families really pay
Sticker price: $85,420 a year
Before any grants
After grants, the average family on aid pays $17,180.
Your family’s price
Average net price after grants, by family income
About $14,664 over 4 years · 96% off the sticker price
Do students finish, and does it pay off?
Debt vs. the paycheck
The typical loan payment as a share of a typical graduate’s monthly pay six years after starting
$203 a month against about $5,004 a month in pay.
Paying back loans
Federal student loans, this college
of borrowers paid down at least some of their loan within three years, more than at 99% of U.S. colleges.
Almost none defaulted within three years (payments on federal loans were paused from 2020 to 2023, so recent default rates are near zero everywhere).
Earnings by family background
Median earnings 10 years after starting, by family income at enrollment
What students study, and what it pays
Share of degrees by field
Bachelor’s programs with the most graduates
And their graduates’ median earnings four years later (one year where that’s all that’s reported).
The students
2,407 degree-seeking undergraduates.
By race and ethnicity
Women and men
Living in Waterville
18% of Waterville’s 17,579 residents are enrolled in college. What the town is like, from TownRatings’ Waterville pages.
Other colleges within 30 miles
Straight-line distances from Colby College; colleges with 100 or more students on campus.
Ask around
Students, parents, alumni and the neighbors next door.
Sources: U.S. Department of Education College Scorecard (institution and field-of-study files) and IPEDS (Scorecard 06/10/2026 · IPEDS 2024 · fall 2023); town figures from the Census American Community Survey and NOAA climate normals. Graduation rates count first-time, full-time students; earnings and debt are for students who received federal aid. Distances are straight-line. Colleges are described, not graded (how TownRatings describes colleges). Map © OpenStreetMap contributors.