College · Private nonprofit · Waterville, ME · Town
Colby College
Waterville, ME
Admit rate7%
6-yr median pay$60k
Net price / yr$17k
Undergrad size2,407
§ I · The real read
What it's actually like.
The bet
Net price of $17k/yr for a shot at a $60k first-5-year salary. Math out whether that works for you — it does for some people, not for others.
Getting in
Admit rate of 7% means this is a reach for most people, even strong applicants. Admitted students average SAT 1501 · ACT 33.
If you get in
2,407 undergrads. Small. You will know your cohort.
Where you live
Town setting — self-contained, social life mostly on campus.
§ II · Cost & aid
Sticker vs. real.
Sticker cost of attendance is $85k/yr. After need-based aid, the average student pays $17k/yr. Merit aid varies. Run your EFC calculator before you rule anything out.
Sticker · 4 yrs$342k
Before any aid.
Net · 4 yrs$69k
What the average student pays.
Typical aid$273k
Difference over 4 years — higher for lower-income households.
Payback1.1x
4-yr net price ÷ first-5-year salary. Lower is better.
Where the money goes · annual sticker.
- Tuition · in-state
- $69.6k
- Room & board
- $17.9k
- Books & supplies
- $850
How students pay for it.
Pell grants14%
Share of undergrads on federal Pell grants.
Federal loans9%
Share taking out federal student loans.
Median debt · grads$19k
What the median student owes at graduation. Non-completers: $8k.
3-yr default0%
Low — grads tend to pay on time.
§ III · Outcomes
Do people finish? Do they land?
1-yr retention92%
Very high — students stay.
Graduation · 6 yr89%
Most finish on time.
6-yr median pay$60k
Cross-major. Your major's number can be very different.
10-yr median pay$80k
Ten years out — where grads tend to land career-wise.
Transfer out7%
Share of full-time students who transfer to another school.
§ IV · Campus & identity
Setting, size, and who this school is.
- Setting
- Town
- Control
- Private nonprofit
- Undergrad size
- 2,407
- Location
- Waterville, ME
- Region
- New England (CT, ME, MA, NH, RI, VT)
- Carnegie class
- Baccalaureate Colleges: Arts & Sciences Focus
- Size & setting
- Four-year · small · highly residential
- Undergrad program
- Four-year · full-time, more selective, lower transfer-in
- Accreditor
- New England Commission on Higher Education
§ · Who studies here
The student body at a glance.
- White55%
- International11%
- Asian10%
- Hispanic8%
- Two or more races7%
- Black5%
- Unknown3%
First-gen students11%
Share whose parents didn't complete college.
Part-time0%
Mostly a full-time student body.
Median family income$95k
Of enrolled students' households — useful for aid context.
§ V · Majors offered here · 38
What you can study.